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Showing posts with the label California Marijuana Data Review: U.S. Dispensaries Saw Huge Sales on 420

Data Review: U.S. Dispensaries Saw Huge Sales on 420

April 20 is synonymous with the cannabis community, and it should come as no surprise that the famed holiday reaps some of the biggest retail profits for the entire year.  This year was no different—in fact, it was one of the most profitable years to date, as the average U.S. cannabis dispensary experienced a 148 percent increase in sales compared to the previous four Wednesdays leading up to the holiday.  Which Cannabis Products Sold on 4/20? In 2022, there are a seemingly endless variety of options when it comes to cannabis-infused products. That being said, consumers have more of a chance today than ever before to find a product that works for them, and retailers are able to reach their sales goals with more ease. This is particularly helpful on 4/20, when a wider net of consumers are likely to pop into their local dispensary and try something new—whether they’re already regular customers or not.  As mentioned, this year’s holiday was one of the best for the indus...