4/20/2024 Webinars
In honor of the 4/20 holiday, 240 Logistics hosted several webinars featuring experts from 240 Logistics and FlyWheel sharing essential cannabis market insights. “Charting the Course: Predictions & Strategies for 4/20” offers valuable predictions and preparation strategies for retailers that they can implement every day, not just on 4/20, while “Deciphering the Data: Post 4/20 Insights & Trends” provides an in-depth analysis of post-4/20 data to help optimize business operations. Watch the recordings to leverage cutting-edge technology and data-driven strategies for your cannabis business.
Charting the Course
Predictions & Strategies for 4.20
On April 11, 2024, Tim Schmitt, Chief Technology Officer at 240 Logistics, hosted a webinar “Charting the Course: Predictions & Strategies for 4/20.” In this webinar, Tim outlines valuable predictions and actionable suggestions for retailers in preparation for a swell of sales and product movement.
Key Takeaways
Sales Predictions: Insights into sales, basket sizes, and top product categories for 4/20/2024.
Inventory Management: Strategies to clear slow-moving inventory and prepare high-demand products.
Operational Continuity: Backup plans for potential disruptions, including Metrc/Dutchie issues and payment processing.
Customer Engagement: Techniques to enhance customer experience and maintain loyalty through effective data utilization.
Deciphering the Data
Post-420
Insights & Trends
Check out Mike Hosty’s recent webinar “Deciphering the Data: Post-4/20 Insights & Trends,” where he dives into the latest advancements in FlyWheel technology and provides a comprehensive review of 4/20/2024 data. Learn practical strategies for leveraging data to make informed decisions and optimize business operations.
Key Takeaways
Sales Data Analysis: Discover the average basket price and size across various states, highlighting significant regional differences.
Top Product Categories: Understand the performance of product categories such as flower, pre-rolls, and edibles during the 4/20 period.
Trends in Pre-Rolls: Explore the surge in popularity of pre-rolls, including infused and pre-roll packs, and the factors driving these trends.
ABC Inventory Strategy: Learn how to bundle slow-moving products with high-demand items to optimize shelf space and profitability
