Budding Opportunities: How Cannabis Preferences Are Reshaping Retail

A recent Gallup poll sheds light on the evolving nature of cannabis consumption in the United States, revealing that 17 percent of Americans now smoke cannabis, compared to 11 percent who smoke tobacco. By understanding the preferences and concerns of different demographics and aligning with the broader societal shift towards cannabis acceptance, retailers stand to gain significant advantages in a competitive and evolving market.

Adapting to Consumer Preferences

The poll shows that Americans increasingly opt for marijuana over traditional cigarettes, with 17 percent currently smoking cannabis compared to 11 percent smoking cigarettes. This preference is particularly pronounced among those aged 18-34, indicating that retailers could see success by targeting younger demographics. To take advantage of this trend, smoke shops and dispensaries may consider:

  • Expanding Cannabis Offerings: By broadening the range of cannabis products, including non-smokable forms such as edibles, tinctures, and vapes, retailers can cater to the diverse preferences of consumers.
  • Tailoring Marketing Strategies: Engaging in targeted marketing campaigns aimed at younger generations, focusing on the social and lifestyle aspects of cannabis, may resonate well with this demographic.
  • Reevaluating Tobacco Products: The declining interest in tobacco may necessitate a shift in shelf space and promotional efforts, favoring cannabis-related products.

Aligning with Legal and Societal Trends

With marijuana legalized in nearly half of U.S. states, public sentiment is shifting. Retailers can align with these legal and societal trends by:

Educating Consumers: Offering in-store education and information on responsible cannabis use, legal implications, and health benefits can help position retailers as responsible and informed sources.

  • Engaging with Local Communities: Building relationships with local communities through outreach and involvement in social causes related to cannabis could enhance the public perception of retailers.
  • Lobbying for Favorable Legislation: Actively participating in legislative efforts that support further legalization and responsible consumption may align retailers with broader societal goals.

Capitalizing on Broad Demographics

The poll indicates that the preference for cannabis transcends gender, educational background, and even political affiliations. To capitalize on this broad demographic appeal, retailers may:

  • Offer Diverse Product Lines: Catering to different age groups, genders, and political affiliations by offering various products may help attract a broader customer base.
  • Employ Targeted Advertising: By recognizing the various preferences among different demographic groups, targeted advertising can be employed to resonate with specific segments of the population.

More people choosing cannabis over cigarettes is a big deal. It’s changing what smoke shops and cannabis dispensaries look like, from the products on the shelves to how they talk to customers. So, whether you’re a store owner thinking about your next order or a customer curious about new products, this trend is something to watch. The world of smoking is changing, bringing some fresh and exciting options to your local shop or dispensary.

  • CannaAid and Peak: Something new for everyone.

Recent Articles

If you’ve been in Vegas in February with a badge from Champs, you might have visited the Starbase or Illuminarium after. Maybe you walked in and saw B-Real from Cypress Hill. Or Too Short. Or John Hart. They were commanding the stage with a crowd dancing their asses off. You might have even watched people getting awards for best cleaner, nicotine pouch, nicotine vape, nicotine e-liquid, marketing, innovation, cannabis vape, glass line, new device, or shop.
Clayton Smith was ready to die. Like all soldiers, the former U.S. Army Captain accepted the reality of losing his life on the battlefield. But preparing for death at home was different. Despite a good job and a loving wife, Smith hurt immensely. He had tried everything to stop the pain, but everything failed. Only one thing stood between him and suicide: a final gamble on a psychedelic called ibogaine.
The cannabis industry is evolving fast, but its most powerful force is not a new product or policy. It is the women leading the charge.
How many loyalty and rewards programs are you a part of? Do you know how to access your rewards without keeping track of a physical stamp card? And as a business, how are you reaching your customers to keep them engaged and coming back?
A copycat formula led us to abandon what made the industry great. You’ve got one last chance to change before it’s too late.
Is the Future of the Industry in the Past?
Back in September’s issue, we opened the door on the world of cryptocurrency and how it’s currently being used in our society. However, the crypto space isn’t all sugar and spice; there are some risks involved, too. We recently sat down with Kaz, the creator of the Kazonomics token, who is currently experiencing the downside of the crypto craze.
How Marcos Hurtado continues a legacy of service with Lambo Industries