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,…
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 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.
Learn the differences between cannabis concentrates, oils, and extracts as well as which one is the best to consider.
As cannabis continues to grow in popularity, consumers are becoming more conscious and receptive to the plant's other medicinal properties. More specifically, people have become enthralled with CBD. At the time of this post, CBD is legally accessible in all 50 states. This has allowed new forms of CBD to become accessible. Companies are now providing Broad Spectrum CBD, Isolates, and Full Spectrum CBD; But what exactly do these terms mean?
Vendor Managed Inventory, or VMI, is a business relationship where a manufacturer or distribution business takes over management of inventory for a retail or wholesaler. Using Electronic Data Interchange (EDI) or other electronic methods for communication, the vendor of the product will manage orders and fulfillment for those further down the distribution chain.