Over the last few months dispensaries that have tested Dutchie Pay have seen a 30% increase in order value while simultaneously seeing a 32% decrease in cart abandonment rate. When asked about these statistics, Lipson has an optimistic outlook for the future.
According to a recent report released by the Marijuana Policy Project, state-legalized adult cannabis sales generated more than $3.7 billion in tax revenue across the United States in 2021.
As a consumer, it is no secret that the cost of purchasing goods and services has been on the rise across America. Considering the current state of the economy, some may be shocked to learn what impact this is, or potentially is not, having on consumers and business owners in the cannabis industry.
BioHarvest, an Israel-based health-tech company that has pledged to "marry science & technology with the power of nature," is nearing the release of its first lab-grown cannabis product.