Inside the business of cannabis retail | CHRONICLES Ep 24
Many people think that a cannabis retail business or dispensary is a high-revenue, high-profit business. However, since the COVID-19 pandemic, retail businesses have changed and various market factors have made it difficult.
Considering this precarious situation, I’m on a mission to help cannabis retailers navigate this complex industry, and share strategies and tips on what to do to survive and things to avoid. Ensuring there is adequate access to cannabis and an informed cannabis experience is a goal at CannaReps, and budtender training through our Cannabis Sommelier certification is one avenue while supporting dispensary businesses is another.
Stay tuned to gain business insights into operating a cannabis dispensary and strategies such as:
How to get more customers into the store
How to build customer loyalty
Menu curation — what products to list on your store menu?
What makes your store stand apart from the competition?
Budtender tips
How does craft cannabis fit into your business?
Sales strategies that move a customer to spend more
Tips you would offer to a new cannabis retailer
What would you advise against doing in cannabis retail?
Top attributes you look for when hiring a budtender
Key performance metrics for the team
Licensed producer support from marketing reps
CHRONICLES is a free monthly session for weed geeks presented by CannaReps covering topics that will expand your nerd glands.
Episode 24 was posted on August 8, 2022, from the unceded territories of the xʷməθkʷəy̓əm (Musqueam), Sḵwx̱wú7mesh (Squamish), and Sel̓íl̓witulh (Tsleil-Waututh) Nations.
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• Become a certified Cannabis Sommelier with CannaReps at www.cannareps.ca/cannabis-sommelier
• Grow amazing cannabis with Living Soil At Home online grow course – www.cannareps.ca/living-soil-at-home
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