“Missouri is seen as a stronger market than others. Buying consumers at the price is not only the things that consumers are creating.”
Rebecca Rivas, independent Missouri
More people go to Missouri’s dispensary when buying cannabis products and spend money on Thursday, Industrial experts who spoke to the CANNABIS Congress.
While other states offer rugged discounts, trying to attract customers, Missouri’s prices have been constantly maintained.
“Missouri is seen as a stronger market than others,” Kris Walker said, president and commercial commercial commercial, in the discussion of the Panel on Retail Data Study. “Some things are happening when consumers shopping at the price. Only when shopping at the price, the race becomes at the bottom.”
Samuel Song, GRÖN Cannabis Manager of edible brands, called Missouri customers called “very savvy”.
“They know what they want,” he said. “They expect great value in purchase.”
The numbers agree. Average buyer goes to a Missouri dispensary, passing around $ 65, the average price per item is $ 24.60, depending on the data collected by hoodies. That’s the average of $ 61 and $ 18.41.
New Colorado and Mexico, the average item price is about $ 11.
The most popular Missouri element is still traditional marijuana, or the industry called “flower”. However, the element that has been the highest growth in the last year, both Missouri and national, is pre-closed.
A year ago, each transaction was 48 percent of the flower, and is currently 43 percent. Walker said to largely buy more pre-closing joints, as customers often infuse cannabis concentrated oil. They are designed for people who want more durable and more durable than traditional flowers.
“It’s a suitable form factor,” said Christ Raymer, responsible for the C3 strategy, has a channisation for a high profile channel. “It’s great for the customer.”
Raymer said in other states, it means that the growth of pre-thrown joints has brought challenges that customers spend less.
“Basically, they are buying fewer brands for each transaction,” he said. “Missouri pre-roll prices keep it differently than we saw in other markets, but it’s something we give a lot of attention.”
All the country, Missouri is still believed to be a “bright star”, Walker said.
John Mueller, General Manager of Greenlight, believes that the regulatory environment is a large part of the state of the state, mainly because the industry was able to write their laws.
“Your rules and vote is in writing the initiative and is in the Constitution, it is like the best line of your defense,” said Mueller.
Every year, industrial lobbyists work “to kill any legislation that tries to control our business,” he said.
“Simply do business, stay in our way, we continue to pay veterans, everything is good here,” said Mueller. “I speak in other states that we work, I think we’ve set the gold standard here.”
It also points to a limited number of licenses.
“Limited licenses are the whole key to the market,” he said. “We will not enter a market unless there is a set of numbers”.
Walker said Missouri also has “disciplined operators”.
“You know that gaining a business and long-term brand,” Oh, my God, the chicks on the street fell 30 percent. “He said ‘” he said. “That’s a disciplinary opportunity, unfortunately with very important consequences.”
This story was first published by independent Missouri.