SEATTLE – Headset, the main supplier of knowledge and analytics to the hashish business, introduced right this moment the launch of its aggressive intelligence device, Headset Insights, in Saskatchewan. In addition to Alberta, British Columbia and Ontario, this shall be Headset’s fourth Canadian retail-derived hashish market learn based mostly on aggregated Point of Sale knowledge on the receipt degree.
The growth of Headset Insights into Saskatchewan will present for a extra strong, complete studying of the rapidly-growing Canadian hashish market. Cannabis operators may have entry to precious real-time market knowledge and insights into shopper buying habits inside the province. The platform will allow decision-makers to raised establish market alternatives, measure model efficiency and perceive how the authorized hashish business in Canada is taking form.
“With the launch of Saskatchewan’s full market read, Headset Insights will provide coverage for more than 60% of the total Canadian cannabis market. We’ve already unveiled an abundance of valuable insights into this market and can’t wait to see what this province has to show us,” mentioned Cy Scott, Founder and CEO of Headset. “Saskatchewan’s fully private cannabis market – a first for Headset – has a larger selection of unique products than the other hybrid provincial markets, providing us with a more robust data set. This market will show us trends that are simply impossible in other Canadian provinces.”
Although hashish retailers in Saskatchewan see decrease month-to-month gross sales than Alberta and B.C., the market has skilled pretty constant constructive development in complete hashish gross sales. Between August 2019 and August 2020, complete Saskatchewan hashish gross sales elevated 47% to $12.9M. Cannabis 2.zero merchandise – drinks, concentrates, edibles, topicals and vapor pens – rose in recognition this 12 months, rising shortly from 17% of complete hashish gross sales in January to over 22% in April and holding regular ever since. With Headset Insights, corporations in and out of the hashish business will be capable of observe Saskatchewan’s hashish market development, product class gross sales, basket dimension and extra for a complete understanding of this absolutely non-public market.
To be taught extra about Headset Insights, please click on here.
Headset is a knowledge analytics firm in the hashish business with a mission to assist companies make better-informed choices by knowledge. Headset focuses on gathering and analyzing shopper transaction info. Headset’s fashions and dashboards assist hashish retailers higher optimize their day-to-day operations. In addition, product producers, processors and distributors leverage the aggregated, standardized and anonymized receipt-level gross sales knowledge in real-time to establish traits and alternatives, keep aggressive and collaborate with retail clients. Learn extra at https://www.headset.io/.