Inventory

Margins are the lifeblood of cannabis retail, but only if you are measuring the right numbers. By focusing on true net profit and using brand, category and SKU level data to guide discounts, vendor negotiations, and ordering, retailers can transform profitability from a guessing game into a growth strategy.

Instead of chasing ratios that are nicely sortable in a spreadsheet, retailers should focus on KPIs they can improve through easy to deploy tactics. Here are the five we recommend, and why they matter.

Discounting is everywhere. From weekly promos to loyalty perks, brands and retailers alike throw discounts at products to keep velocity high. But how do you track what it’s actually costing you?

Let us be very clear: Your spreadsheet isn’t solving your inventory problems. It's a band aid when you need surgery.

We’ve amassed a list of the top 10 ways things go wrong in the inventory management process. Whether your dispensary still does one or all, we can get you on track to buying happily.

It happens all the time. A brand rep calls out of the blue and asks if you’re ready to reorder. You weren’t planning to make a decision on the spot, but now you’re expected to commit to cases of inventory while juggling other tasks and without the full picture in front of you.