With conversations surrounding the legality of cannabis delivery services ramping up in California, cannabis distribution company Nabis has pulled unique data to examine the purchasing behavior of delivery services and storefront dispensaries since October 2018.
Don’t miss out on the top cannabis stories of the day. Click here to sign up for our daily insider newsletter.
While storefront dispensaries command a majority of cannabis orders by frequency and Gross Merchandise Value (GMV), delivery services have shown significant growth in the same areas during this time period.
“We’re seeing that delivery services are growing despite legislative pushback from a number of California counties and municipalities,” Nabis Director of Strategy and Information Rob Koch told Benzinga.
“Delivery services are on the rise, suggesting that consumer preferences around purchasing cannabis are evolving. Targeting this channel may be a great avenue for up and coming brands to introduce their products into California households and leverage the momentum that these services are showing,” he said.
Benzinga's Cannabis Capital Conference heads to Detroit on Aug. 15 — click here to learn more!
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
The Benzinga Cannabis Capital Conference is coming to Florida
The Benzinga Cannabis Capital Conference is returning to Florida, in a new venue in Hollywood, on April 16 and 17, 2024. The two-day event at The Diplomat Beach Resort will be a chance for entrepreneurs, both large and small, to network, learn and grow. Renowned for its trendsetting abilities and influence on the future of cannabis, mark your calendars – this conference is the go-to event of the year for the cannabis world.
Get your tickets now on bzcannabis.com – Prices will increase very soon!