Over the last decade, companies have increasingly been pivoting to a subscription model to increase their profits. This isn't just a North American trend, either: it's a global phenomenon. If you're not sure what all the fuss is about, don't waste another day without getting brought up to speed. The…
The subscription economy is growing extremely fast these days, and it's beginning to transform every industry. Companies that use a subscription business model as their core strategy are now separating themselves from the competition. This business model is a blueprint for businesses because it is forward-thinking, provides predictive revenue, and…
2020 was a tumultuous yet defining time for the cannabis industry. Despite the impact of the COVID-19 pandemic, Brexit, and the ever-changing legislation in Latin America and the US, it was still a winning year for cannabis. More states legalized the use of cannabis, and cannabis stocks quietly performed well. New…
The number of streaming video services available to the consumer today is almost overwhelming in terms of sheer volume, and yet they continue to arrive. Launched on November 1st, 2019, Apple TV Plus was met with mixed reviews and does not yet have nearly the subscriber base of much more…
For years on end, cannabis was under tough scrutiny from the public eye. It was perceived as a drug only befitting the scruffy hippies and misfits of society. But with the recent discovery of its vast medicinal potential, the misunderstood plant has finally had a chance to move out of…
The U.S. Department of Agriculture has issued its final rule on hemp, two years after the 2018 Farm Bill officially legalized it for the first time in nearly half a century. The bill started a Hemp Revolution and contributed to the growth of the Cannabis Industry.
A subscription model helps companies build a resilient business with higher customer retention, predictable revenue, and improved profitability. Because of added predictability and consistency, companies can even estimate the customer's lifelong value.
As we kick off the new year, we are assessing up-and-coming trends in the industry. Along with expanding legalizations and craft cannabis, considerable focus is going into infused cannabis products, including the use of CBD.
Riding this wave of popularity could be one of the best decisions you make for your bottom line. Not only do subscriptions boost your monthly recurring revenue, but they also foster stronger ongoing relationships with your customers and clients, increasing their loyalty to your brand over time.
It is not a secret that the cannabis industry is a currently booming and rapidly growing sector. In America’s 2020 election, marijuana was a big topic, and there is sure to be a rise in legalization across the country. Currently, medical marijuana is legal in 34 states and recreational marijuana has been legalized in 15 states. For business-minded entrepreneurs, the cannabis industry seems like a sure bet and many are trying to break into this growing industry.
100 Reserve Road
Suite CC250
Danbury, CT 06810
Phone: 203-748-0481
Fax: 203-748-0508
sales@maxqtech.com
