BDSA

How many times have you wished for more granular insights in market? BDSA has been hard at work to provide you with just that with BDSA360. Roy Bingham will be speaking tomorrow at MJ Unpacked so let's take a look at some regional insights for vape brands in Missouri with BDSA Senior Account Manager Jeremy Goodison. Tune in for more tomorrow insights with Roy on stage at 10am! 1?? Where should Sales Reps spend time in Missouri? Kansas City! Kansas City sold comparable unit volume to St. Louis City and St. Louis County combined, with half as many doors. 2?? Where can premium vape brands find opportunities in market? Premium formats like Rosin perform better in St. Louis, but expect to price premium products at a lower Average Retail Price than Kansas City. 3?? What pack sizes perform well in each region? Larger pack sizes are growing in St. Louis and Kansas City, but play a larger role in KC. 4?? Operating in St. Louis? Mature markets tend to skew towards larger pack sizes overtime, highlighting opportunities to offer larger pack sizes as the market matures to match with trends in KC and other areas. What decisions would you make differently with regional and city-level Retail Sales Tracking data? Let us know in the comments below and reach out to learn more about the new BDSA360.

BDSA has been hard at work behind the scenes to bring you the next generation of the BDSA you know and trust. We've already released daily, next day updates and this Halloween, we're extending another treat, unveiling our brand new BDSA360! What does BDSA360 include? Get ready to experience the power of daily data updates and... ?? Regional and City-Level Retail Sales Tracking - Measure Performance, Rank Your Brand, and Price to Compete with Regional-Level Granularity ?? New CPG-Facts Focused on Pricing, Promotion, Distribution and Velocity - Go-To-Market with Localized Insights That Position Your Brand for Success ?? Hyper-Granular Data and Dispensary-Level Sales Enablement - Work Smarter, Not Harder and Focus Sales Teams on Locations that Drive Revenue ?? User-Friendly Dashboards in a Brand New Business Suite - Spend Less Time in the Data, and More Time Actioning on It. What have our clients said so far? "I haven't seen anything like this in the last three years, and I've been waiting for it since then." Reach out to experience BDSA360 for yourself and stay tuned for more details coming soon!

Looking forward to MJ Unpacked in St. Louis! Join us for "Growth Trends and Drivers: Navigating the U.S. Cannabis Market" on November 5th. 1?? Missouri is up +5.0% vs. Year Ago despite strong growth in units (+16.0%) highlighting the impact of price compression in the market. 2?? Average Retail Price is down -9.5% in Missouri, comparable to Maryland (ARP -9.0%), another 2023 Adult-Use launch. 3?? Missouri is underindexed in Pre-Rolls compared to the Total U.S. landscape, pointing to an opportunity for brands in market. 4?? Flower leads dollar sales with 42% of sales. Who do you think the top brands are in Missouri? Let us know in the comments and stay tuned for the Top 10 brands ahead of MJ Unpacked! ?? ??

How do you measure performance? Key Performance Indicators (KPI's) are different for everyone. Some companies use market share as their guiding light. Some use gross profit. Others look to measures like velocity (how quickly your items turn on shelf), brand rank, percentage growth... the list goes on! Each KPI points to a different insight. How does your business measure success? Let us know in the poll and comments below ?? ??

BDSA is celebrating almost 10 years in the cannabis industry! Founded in 2015, BDSA has been supporting cannabis businesses and entrepreneurs since the beginning. Who remembers working with us as BDS Analytics? Over the years we've grown through strong client partnerships and collaboration, proven industry expertise, and a top-notch team that continues to evolve our data to fit the industry's needs. How has your business changed since 2015? Let us know in the comments below ?? ??

While the intoxicating hemp industry is rapidly growing and garnering more interest from consumers every year, not much was known about intoxicating hemp consumers, what they use, and why. Thankfully, BDSA’s latest Consumer Insights survey tackled this very problem, and we have a boatload of hemp consumer insights to show! Per BDSA Consumer data, Gummies are by far the most consumed intoxicating hemp product, with 61% of hemp consumers claiming that they consumed hemp THC gummies in the past 6 months.

Just eight months after the passage of legalization, Ohio retailers are already selling adult-use cannabis! Adult-use cannabis is forecast to add $247 million to the Ohio market in 2024, bringing total sales for the year to $692 million, a +44% increase over the 2023 sales total. The Buckeye was already a vibrant medical market, with Ohio homegrown brands claiming the top five spots on the best-selling brand list. Top Five Best-Selling Ohio Adult-Use Brands (First week of adult-use sales): 1.????Certified Cultivators 2.????Buckeye Relief 3.????Butterfly Effect 4.????Firelands Scientific 5.????Klutch Cannabis https://lnkd.in/gkahudfe

Congrats, Ohio! As we head into the second weekend of Adult Use sales, we'll be closely tracking how a typical weekend stacks up against the launch weekend, where sales hit a peak of $4.52M on Friday, 8/9. #cannabisinsights #ohioadultuse

Today is the day! The best just got better with real time sales, trends, and pricing insights. Move fast with BDSA's DAILY data. A big shout-out to the BDSA team for the incredible dedication to not just getting faster, but INCREASING our coverage and accuracy.

A huge step forward for cannabis data wonks. By the time you get up tomorrow we will be updating daily