Wholesale Cannabis Industry News
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Wholesale Cannabis Spotlight Data from Cannabis Benchmarks
Here’s a look at the latest Wholesale Price by Grow Type for May 2020 from our partners over at Cannabis Benchmarks. “For the month of May, the Cannabis Benchmarks U.S. Spot Index averaged $1,336 per pound. May is the third consecutive month to see a downturn in the national composite price, despite reports of strong demand
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Dialing in Your Wholesale Cannabis CRM
We had a great webinar for our active wholesale cannabis sellers and wanted to share with all. In it, we cover some of the latest updates to the platform, including cannabinoid fields in the inventory section and using on-hold versus inactive status. However, the juicy stuff kicks in when we start talking with our panel
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Cannabis and Instagram – Boosting Your Social Presence
At Apex Trading, we’ve found that wholesale cannabis businesses can gain quite a bit of exposure and a good following of their content with Instagram. What is Instagram? If you’re not familiar with Instagram it’s a free photo and video sharing app available on Apple iOS, Android and Windows Phone. With it, people and businesses
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Buyer’s Guide for Selecting Wholesale Cannabis Software from our Friends at Trym
Our friends over at Trym – a farm management software company that helps improve efficiency and consistency through precise environmental monitoring, customized task management, and data analytics – put together a great guide for selecting the right software for your wholesale cannabis business. In it you’ll find overviews of the various types of software available for
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Work-From-Home Tips for Wholesale Cannabis Industry Workers
You have to admit, it’s kind of crazy out there right now. Yet, it’s awesome to see just how proactive the cannabis industry has been in the face of the Covid19, aka the coronavirus pandemic. Wholesale producers and their dispensary counterparts have been coming up with innovative ideas such as using grow room air filtration
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The Evolution of Wholesale Cannabis – Distributors and Wholesalers
Wow! It’s crazy to have lived through and experienced the evolution of the cannabis industry first hand over the last 4 years. When we first started out, wholesale flew off the shelves (think Illinois today) and product was sold almost before it was even harvested or produced. Now, mature markets have seen surges in competition
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Cannabis Benchmarks, Baklava & Mardi Gras – The Perfect Wholesale Cannabis Data Cocktail
This past Tuesday evening while many were out celebrating Mardi Gras, I decided to take the partying spirit to the interwebs. That is, I packed a big ol’ bong of Baklava from Alien Labs, a Cali brand with some out-of-this-world strains, took a few tokes and blasted off to the Cannabis Benchmarks website. We’ve been
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The Importance of Building a Consistent Cannabis Brand
The Apex Trading team has been in the B2B cannabis industry since 2014. That was when the first recreational cannabis market came online in Colorado. Today, there are now 11 states with adult use or recreational cannabis and 33 states with medical marijuana. We’ve had a front row seat to watch the expansion and maturation
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Pay to Play – The Latest Mainstream Retail Practice to Hit Wholesale Cannabis Producers
Hot off the digital presses of Marijuana Business Daily from the mind of Margaret Jackson comes this thought-provoking piece around slotting fees for wholesale cannabis producers. We won’t spoil too many of the surprises, but it’s good to start gaining an understanding of how slotting fees work and getting them baked into your B2B cannabis business
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B2B cannabis software
Why We Took a Different Approach to the Tools Needed for the Wholesale Cannabis Industry When we first jumped into the B2B cannabis software space, we were thinking like a lot of folks – build a marketplace. We had backgrounds in wholesale cannabis as well as software development. What better could we do for B2B
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NuHi Hits New High
Introducing NuHi Premium Concentrates available on Apex Trading Apex Trading is excited to announce that NuHi Distribution has launched a heady new line of products – NuHi Premium Concentrates. Included in this High Times Cup award-winning line are delectable live resins, sugar waxes, shatter and cartridges. All are crafted exclusively from NuHi’s own premium material.
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Be Aware – Six Limiting Factors in Emerging State Cannabis Markets
Our friends over a Cannabiz Media and, specifically, their Lead Analyst Susan Gunelius put out an excellent article last week highlighting six key limiting factors that can impact state cannabis markets. You’ll get just the right amount of detail in the article itself, but to quickly summarize, the factors are: 1. Age of the Cannabis
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Stay Ahead of Cannabis Testing and Win Big When the Market Shifts
We’ve seen it happen before, in fact, a couple of times. An emerging market is starting to take off. The state hasn’t built out or required adherence to all of its compliance pieces around testing, yet. Products are flowing and it feels like this is how it will be forever, so we’re all good, living
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Wholesale Cannabis Insight and Learnings from Cultivators Across Multiple Markets
Sometimes we come across an article that hits on so many important points, we can’t help but want to share it with you. This is one of those articles. The insights on controlling production costs, selling on value, operations, forming partnerships and key lessons learned for wholesale cannabis producers are worth their weight in A-bud,
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The Heat Is On and We’re Cool With It – Adapting to the Increased Demands of Summer’s Hot Wholesale Cannabis Market
This summer has been quite the hot one, not only for the sweltering masses across the country, but for the wholesale cannabis industry as well. The Apex Trading team has been at the forefront of the country’s largest adult-use markets for years and summer is always busier for the cannabis industry. Reasons for the lift
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A Little Bit About Natty Rems
Natty Rems has been a family owned and operated business since 2009. They have focused their efforts on crafting the highest caliber, boutique-grad cannabis flower and concentrates for the Colorado market. From popping seeds or clone cutting all the way through to trimming and packaging, all cultivation is done by hand. If you’re a licensed
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One In the Hand or Two In the Bush? Better Retention Adds More to the Bottom Line
In sales, there is often an understandable drive to get new customers. But, problems arise when that drive becomes an obsession and there is a failure to invest time and resources in nurturing the customers you already have. Growth and success come from more than just landing new clients. Think of that old saying, one
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It’s Best to Be Direct When It Comes to Wholesale Cannabis
B2B ecommerce is on the rise and according to the vast majority of industry indicators, and will continue to increase in the coming years. Why? Giving wholesale buyers an easy way to purchase your products at their convenience – from any device at any time – is becoming key to a company’s success. There are
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Metrc – The Headaches We Share
We love working in the cannabis industry. The people, the product, and the opportunity make it the best line of work on the planet. As with any other industry though, ours isn’t perfect. There are plenty of challenges including shifting regulatory landscapes, rapid growth, price volatility, and more. One area where we often hear complaints
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Wholesale Cannabis Marketplaces – The Good, Bad and Ugly
The theme to Sergio Leone’s classic The Good, the Bad and the Ugly is almost as irresistible as a hot bath and a shave after weeks of drifting on the high plains. For some, that whistle is practically a siren song. The allure of an open wholesale cannabis marketplace can be just as appealing, with
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State of the Western States Wholesale Cannabis Market
With Croptober booming out west, downward pressure on wholesale cannabis prices continues to beleaguer our industry. This MJBiz article provides some solid info and insight on how prices compare to last year, how the harvest is progressing, whether we’re facing any major challenges during the harvest, how yields are coming in and what it’s like
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A Funky Trip Around the Phylos Galaxy
Citizens of the Universe – Last night, after a long day at the “office”, I decided to put on some Parliament, Mothership Connection, to be specific, and enjoy a little Skywalker OG. My head began to swirl a bit while Bootsy was slapping that bass fast and loose like some kind of delirious funky priest.
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Seller How-to: Creating an Account and setting up your Wholesale Cannabis Company Profile
Creating your Apex Trading Account and setting up your Company Profile is simple and straightforward. When you arrive at secure.apex.trading, select Register, simply fill out the required fields, accept the terms and click the final Register button. Next, you’ll need to create your Company and Company Profile. To begin, click the Create Company button and
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Standardized Inventory, Order and Client Management is Essential to Your Long-Term Success in Wholesale Cannabis
One big area of opportunity for cannabis producers is the standardization of their inventory, order and client management. Often times you’ll see cultivators and extractors sending their inventory or receiving orders from buyers in various formats such as PDFs, Excel and Google docs, emails, texts, even jotted down on paper. Having to manage these disparate