Inventory

If there's one thing the cannabis industry has in spades, it's culture and knowledge. What it lacks is tools to make the job of getting products onto store shelves and into the hands of consumers easy. Those tools exist in just about every other retail industry.

A well-executed inventory strategy can mean the difference between record-breaking sales and missed opportunities. Here’s how to ensure your store is fully prepared for a smooth and profitable 420.

The spreadsheet challenge in question? Defining “demand ceilings” across subcategories of products so you can budget and allocate inventory from vendors accurately and effectively.

Scaling a cannabis business is exciting, but poor inventory management can quickly become a bottleneck. Adopt structured processes, real-time tracking, and data-driven purchasing strategies to ensure profitability and efficiency.

‍Phantom out of stocks are likely stifling your sales, causing inventory to age unnecessarily, and tying up cash flow you need to operate and grow your retail business.