In-store cannabidiol (CBD) sales have been trending downward as more shoppers buy online, but c-stores have an opportunity to grow the category by elevating their CBD selections, especially as customers return to pre-pandemic CBD preferences. During the pandemic, cannabis growth was strong due to many consumers finding themselves at home and not restricted in their…
Get Prepared for the Possibility of Selling Cannabis
The eventual possibility of selling cannabis is highly appealing to many convenience store retailers. With typical declines in tobacco sales, more fuel-efficient and electric cars impacting fuel volume, and the pandemic impacting foot traffic, this opportunity cannot come fast enough. Currently, the sale of cannabis is fully legal in 17 states and Washington, D.C., and…
Time For a New Approach to CBD
As the cannabidiol (CBD) category grapples with unusual circumstances, retailers must implement new tactics when selling CBD products. CBD sales were rolling along until two unusual circumstances caused a blip. First, the illegal tetrahydrocan- nabinol (THC) vaping crisis of late 2019 practically eliminated sales of CBD vaping items and negatively im- pacted sales of…
What’s Ahead for CBD Sales?
While vape crisis may have caused CBD speed bump, sales boost likely as consumers expect more brick-and-mortar outlets to carry edibles, topicals. Cannabis was the leading human herbal medicine for 4,000 years and CBD is the primary cannabinoid associated with wellness and anxiety/stress relief. With this level of history, you may think that CBD would…
Thinking Ahead on Marijuana in C-Stores
Thinking ahead often pays off — and for the convenience retailer, it has the potential to pay off big when considering the sale of marijuana. The convenience channel has several distinct advantages over the other classes of trade that should provide for major business gains if marijuana is legalized. Of course, much has to happen…