Marijuana Business Factbook 2019

xvi Marijuana Business Factbook 2019 Executive Summary © Copyright 2020, Marijuana Business Daily , a division of Anne Holland Ventures Inc. You may NOT copy this Factbook, or make public the data and facts contained herein, in part or in whole. For more copies or editorial permissions, contact CustomerService@MJBizDaily.com or call (720) 213-5992, ext. 1. 3. RETAILERS: PUTTING COMPETITION INTO PERSPECTIVE The level of competition that marijuana retailers must contend with is high. When compared to the relative densities of other, more ubiquitous U.S. institutions, such as Starbucks and McDonald’s, the issues concerning marijuana retailers become clear. In all cases, the density of marijuana retailers is greater than that of McDonald’s. This level of competition increases pressure on retailers to provide customers with a consistently positive experience. Moving forward, retailers will need to provide consumers a compelling reason to visit and return, such as low prices, exceptional service, quality product selection and convenience. CHART: Number Of Retail Marijuana Stores Per 100,000 Residents By City: Comparison to Starbucks and McDonald’s Source: Oregon Liquor Control Commission, Colorado Department of Revenue, Washington Liquor and Cannabis Board, Alaska Alcohol and Marijuana Control Office, Google Maps © 2019 Marijuana Business Daily, a division of Anne Holland Ventures Inc. All rights reserved. Number Of Retail Marijuana Stores Per 100,000 Residents By City: Comparison With Starbucks & McDonald's 28.4 16.5 3.1 25.5 15.8 5.1 19.7 7.9 2.2 8.8 8.8 5.8 Anchorage, Alaska Portland, Oregon Denver Seattle Retail Marijuana Stores Starbucks McDonald's