Industry Insights
You’ve chosen to work in a gray area.
You sell products that contain cannabis or cannabis-adjacent substances as well as accessories that can be used to consume it. And while that area has become less gray—you can see rays of sunlight peeking through—the skies are still cloudy. THC remains a Schedule 1 substance, even as medical marijuana has migrated to Schedule 3.
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It's important to recognize and celebrate the hardworking female entrepreneurs who are making strides in the male-dominated cannabis industry. Although the past year has presented numerous challenges for small businesses, research shows that women-owned businesses have persevered through it all.
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With an estimated $1.7 trillion to $4.5 trillion in global sales of counterfeit and pirated goods annually, it's crucial to ensure that the disposable nicotine vapes you're selling are authentic.
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As March Madness approaches, smoke shop retailers have an incredible chance to score big with their customers by creating exciting sales and promotions around this highly anticipated basketball tournament.
