Cannabis retailers in BC and Ontario are finally starting to dig themselves out from the shutdown of those provinces’ centralized delivery systems.
Cannabis retail is facing some serious challenges, with many markets in Canada reaching saturation. Locally owned stores are often in direct competition with well-resourced chains. Retailers are seeking innovative ways to differentiate themselves.
The SQDC plans to shift from adding new cannabis stores to adding even more new products and refining the consumer experience to continue gaining market share over the coming years, says the CEO of Quebec’s cannabis corporation.
The supply chain for cannabis products in Canada appears to be fairly simple, however, there are many processes within this chain – such as lab testing, packing and shipping – which all add to the cost.