The global scene of cannabis is rapidly changing. With the legalization of marijuana for both medical and recreational adult use in Canada, a never-seen-before number of businesses are now looking into the huge profits from selling cannabis seeds, among many other cannabis-related products and devices of various kinds. Faced with voracious competition, a particular question has become especially intriguing to dispensary owners.
How dispensaries can enjoy a good profit alongside non-dispensary stores selling cannabis seeds in Canada?
Does it all sum up to finding reliable wholesale cannabis seeds partners to work with?
Partially, it does, but ultimately, there is much more that dispensary owners should be aware of in order to make their business thrive.
Cannabis Seeds for Sale in Dispensaries: Huge Profits on the Rise?
When getting down to creating a successful business plan with a mind to boosting sales, dispensary owners should not merely look into a quick profit.
Instead, it is best to remember that a winning strategy in the field of cannabis sales is one that is engaged with long-term achievements, and not any sort of shortcuts.
The huge potential profits for dispensaries are not only about increasing marijuana seeds sale or about increasing cured cannabis flowers sales, and neither are the succulent future gains related with the mere increase in profit from just about any other type of marijuana products, such as oils and tinctures, to name a few. The greatest success of dispensary owners has much to do with managing to create a reliable, comfortable space where medical cannabis users can shop with delight and ease, turning from random to loyal customers.
Recent stats compiled and shared by the national statistical office of Statistics Canada from the National Cannabis Survey encompassing the fourth quarter of 2018 point out to some pretty curious insights that could be especially valuable to dispensary owners.
According to the data which was released on February 7, 2019, Canadians who consume cannabis for medical purposes are much more likely to “use it daily or almost daily.” Interestingly, the same group of people reported being far “less likely” to choose to smoke cannabis as their preferred method of consumption. Last but not least, medical marijuana users also reported being more likely to spend on cannabis, as compared to the non-medical cannabis users who took part in the survey.
What this indicates to dispensaries and cannabis seeds sales is a HUGE advantage to non-dispensary stores engaged with selling marijuana seeds.
Of course, this is only applicable if dispensary owners are to partner with loyal wholesale cannabis seeds retailers who can offer nothing less but affordable, high-quality seeds.
Quintessentially, medical marijuana users are bound to keep up their cannabis use at steady rates, unlike recreational users who may choose to consume less or more marijuana day today. Above all, it is crucial to always acknowledge the fact that the herb is the very remedy for medical cannabis users. Therefore, growing cannabis from seed remains one of the best ways to medicate at a fraction cost.
Heads Up, Dispensary Owners: The Upsurge of Cannabis Use & Growing Cannabis from Seed
Back to yet another portion of cannabis use stats from the National Cannabis Survey of the fourth quarter of 2018 that can provide significant pieces of inspiration to dispensary owners, reports highlight more Canadians are likely to use cannabis in the next months to come. To be more precise, 15% of Canadians stated to currently use cannabis vs. a rising 19% of Canadians who shared they “think” they are about to keep using marijuana in the following months.
The thing is the vast majority of people (98%) who have never consumed marijuana reported that they do not have any plans to use the herb in the following months. However, no matter how tiny, the 2% of the non-cannabis users who indicated that they are willing to change their mind on pot use in the following months bring brighter hopes than what the skeptics would be able to notice at the very first glance.
What the numbers we just listed above showcase are a game-changing tendency that is just on the very rise: marijuana consumption in the 21st century is quickly breaking the outdated stigmas, slowly but surely leading to an unparalleled increase in profit for cannabis businesses.
More importantly, as far as dispensaries’ cannabis sales are concerned, the horizons truly seem more vivid and promising than ever before, and especially in the first years after cannabis legalization in Canada has kicked in, further indicating that the best time to catch up with the massive opportunities that come with the expansion of the cannabis market is right NOW.
A short summary of the National Cannabis Survey released in early 2019 strictly highlights that medical marijuana users are more likely to buy cannabis than recreational cannabis users.
Furthermore, when asked about the money they typically used to spend on cannabis over the course of the last three months, almost 1/3 of medical users reported that they actually did not spend anything on the cannabis they consumed, regardless of the fact that they used it regularly! The only way not to spend money on the remedy that maintains your health and well-being is a no brainer: growing cannabis from seed is the way to go.
But since medical marijuana users are sure to visit the dispensary, regardless of whether this happens on a regular basis or whether people manage to produce enough cannabis flowers to treat their ailments without having to leave the house, there is no doubt that a dispensary visit is one of the possible ways to find high-quality marijuana seeds. Considering the good reputation of the cannabis products available in dispensaries, it goes without saying that the chances for customers choosing to purchase their seeds from a dispensary become way greater than opting for seeds from other retailers.
How Dispensaries Can Enjoy a Good Profit from Selling Cannabis Seeds: The Wrap-Up
The top three factors that influence Canadians’ cannabis purchasing decisions are quality and safety, followed up by the lowest prices and accessibility. How many of these factors does your dispensary comply with?
Speaking in numbers, 76% of Canadian medical weed users consider the place where they prefer to purchase cannabis based on quality and safety (huge bonus points for dispensaries on that note!). Respectively, 38% of Canadians reported choosing the spots to purchase cannabis products based on the lowest prices, followed by 33% of the participants’ cannabis shopping preferences going to accessibility.
Ultimately, a dispensary that sells nothing less but premium quality cannabis seeds alongside the plethora of various cannabis products, is capable of covering the three most important factors that account for where a user prefers to shop for cannabis.
Not only can dispensaries enjoy a good profit from selling marijuana seeds but doing so can significantly boost a dispensary’s reputation as a favorite spot for medical marijuana users of different ages and backgrounds.
Of course, even after being able to lay hands on wholesale cannabis seeds of premium quality, dispensary owners must stay well-familiar with all things cannabis-related shaping the ever-changing global scene of marijuana. But above all else, dispensaries must acknowledge the fact that medical cannabis users are more vulnerable than any other group of pot consumers out there. MMJ patients need genuine help, assistance, guidance, and support through their cannabis journey but such cannot be fully granted in the absence of quality marijuana seeds that represent the very core of the weed culture and holistic approach to health globally, relating strongly to words, such as oneness, community, sharing, and caring.