BOULDER, Colo.–(BUSINESS WIRE)–BDS Analytics, a point-of-sale market analytics and insights company,
today announced the launch of its inaugural study of Colorado’s retail
cannabis marketplace. The study, which BDS will begin fielding the
last week of September, will establish benchmarks for retailers to
evaluate their business versus peer companies. The study will also
provide growers, manufacturers, and ancillary businesses measures for
better understanding the opportunities and challenges in the retail
“Information gathered from the study will differentiate from commonly
available market statistics by focusing on category and product trends,
store operations, and the dynamics of running a cannabis retail business
in Colorado,” said BDS Analytics co-founder and vice president Liz
Specifically, store size, sales per square foot, operating expense
allocation, sales by category, top selling brands, and business
challenges will be amongst the areas covered in the study.
As part of the study, BDS’ management team will tour dispensaries and
conduct in-person interviews with retailers around Colorado.
Participating retailers in the Colorado Cannabis Retail Study
will receive a complimentary copy of the final report, which will also
be available for purchase for growers, manufacturers, and
non-participating retailers. (A pre-purchase 20% discount is available
until October 16th.)
“It’s not enough to just compile statistics,” explained Greg Shoenfeld,
BDS Analytics’ Director of Retail. “We’re building resources and
services to support the industry.”
Dispensaries/retailers interested in participating in the study should
contact Greg Shoenfeld at firstname.lastname@example.org,
or by phone at 970-988-1015. Businesses interested in pre-purchasing the
report should contact Liz Stahura at email@example.com.
ABOUT BDS ANALYTICS
BDS Analytics is the indispensable source for cannabis industry data and
insight. We collect, process, and present point of sale market share
data for the cannabis industry.
We provide actionable insights based on accurate information derived
from millions of transactions that enables our clients (dispensaries,
brands and growers) to make smart decisions that sustain their success.
We are seasoned analytics-for-market research experts with more than
fifty years’ combined experience in capturing and standardizing point of
sale data, building and running extensive databases and providing
reports and presenting data to clients and industry. Many members of the
BDS team have extensive data analytics backgrounds from each of the
natural products, outdoor and biking industries.