Retail Vision will take place in November this year and will help determine the future of the industry.
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April 16, 2021 3 min read
This story originally appeared on Marijuana Venture
Hopefully, by the time of this writing, the majority of Americans will feel like COVID-19 is about to be in our rearview mirror.
The number of new cases has steadily decreased from its peak in January of around a quarter of a million per day in Germany to around 65,000 from mid-March. About 2 million people are vaccinated each day, and President Joe Biden says he will instruct states to make vaccines available to all adults after May 1.
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Yes, there will still be vaccine deniers, medical quacks, and Donald Trump’s bleach drinkers, but most Americans will take medical advice about Trump loyalists. For business, and the fast-growing cannabis industry in particular, that means things will get more normal in the third and fourth quarters. But it is difficult to predict exactly how “normal” will look by then.
I expect the legal marijuana business will experience more turmoil and rapid change in 2021. The new legal states will regulate their cannabis rules and regulations, the players hoping to get in will be looking for investment funds, and “Green Rush” will continue to gain momentum at the national level. In the west, the established markets will continue to grow, and the smart businesspeople who have been long-term in this area will continue to optimize their operations and focus on profits, efficiency and innovation, just as market leaders do in any other industry.
At Marijuana Venture, we do the same. The publication has continued to grow and reports on new ideas, new companies and new products. Our goal has always been to be a source of valuable information for those looking for information and articles on topics that can improve their bottom line.
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This fall we are producing a trade event called Retail Vision. We aim to make the event the first true “2.0” conference for cannabis retailers and an invaluable source of information for managers and owners. For two days, attendees hear presentations and lectures from experts across all areas of retail, including merchandising, purchasing, inventory control, human resources, real estate, leasing, customer loyalty, customer loyalty programs, point of sale systems, and a variety of other subjects. Our speakers include executive level moderators from heavyweights such as Costco, Nordstrom, Amazon, and Zumiez. In addition, there will be a full day of expert technical talks explaining how to mine data, use the latest tools to predict buying patterns, and use technology to improve operations and increase profits. 2021 is the perfect time for Retail Vision as the hype surrounding the “green rush” in established states subsides and smart money focuses on fine-tuning existing pharmacies and retail stores.
The event will take place November 9-10 at the SeaTac Marriot. We’ll keep you posted on speakers and other details at www.MarijuanaVenture.com and on the pages of this magazine.
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If you are an existing pharmacy owner or even a bearer of hope, Retail Vision is for you. It’s focused, business-only, and contains valuable information that will guide you on the path to greater, more sustainable profits.
We hope to see you in Seattle for the first real Cannabis 2.0 conference this fall.