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Maximize Cannabis Store Profitability: Proven Strategies to Increase Average Basket Size and Improve Margins

Maximize Cannabis Store Profitability: Proven Strategies to Increase Average Basket Size and Improve Margins

by Shabnam Ghorashi | Oct 30, 2024 | Business Guides

In the fast-growing cannabis retail industry, boosting cannabis store profitability requires more than just increasing foot traffic. It’s about maximizing the value of every sale. By strategically increasing the average invoice (or basket size) and improving margins,...
Supercharge Your Cannabis Retail: Expert Tips to Skyrocket Your Sales!

Supercharge Your Cannabis Retail: Expert Tips to Skyrocket Your Sales!

by Shabnam Ghorashi | Oct 22, 2024 | Business Guides

The cannabis retail scene in Canada is booming, but not every store is hitting the jackpot. What sets the high-flyers apart from the rest? It’s not just about having top-notch products—it’s about crafting a business strategy that pulls in customers, boosts sales, and...
SNDL’s Strategic Expansion: Delta 9 Debt Acquisition and Indiva Purchase

SNDL’s Strategic Expansion: Delta 9 Debt Acquisition and Indiva Purchase

by Shabnam Ghorashi | Aug 20, 2024 | News

SNDL, a prominent player in the Canadian cannabis industry, has made significant strides in consolidating its market position. Recent strategic moves, including the debt of Delta 9 Cannabis and the outright purchase of Indiva, signal a concerted effort to expand its...
OCS Overhaul: A Game-Changer for Ontario Cannabis Retailers

OCS Overhaul: A Game-Changer for Ontario Cannabis Retailers

by Shabnam Ghorashi | Aug 6, 2024 | News

The Ontario Cannabis Store (OCS) is undergoing a significant transformation that will have far-reaching implications for cannabis retailers across the province. As the OCS addresses challenges related to product overstock and limited warehouse space, retailers must...
Cannabis Oil Labeling in Canada: A Cloud of Confusion for Consumers?

Cannabis Oil Labeling in Canada: A Cloud of Confusion for Consumers?

by Shabnam Ghorashi | Jul 11, 2024 | News

Cannabis oil, a concentrated form of cannabis containing cannabinoids like THC and CBD, has become increasingly popular in Canada since its legalization for recreational use in 2018. For many users, it offers a convenient and measured way to consume cannabis. However,...
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