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…
The Potential for Cannabis Sales
With a majority of Americans favoring the legalization of cannabis for both medicinal and recreational use, and with the convenience channel representing the largest number of outlets of any retail class of trade, it would seem rather logical that this channel would have strong potential for the distribution of cannabis. I believe there is current…
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?
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 be a well-accepted remedy today; however, in 1970 cannabis was erroneously classified as a Schedule 1 drug and that prevented consumers from…