7/10: The ‘other’ marijuana holiday boosting retail sales

Step aside, 4/20. There’s another unofficial marijuana-related holiday that retailers can take advantage of.

7/10, or “Dab Day,” is dedicated to cannabis users who prefer concentrates such as live resin, shatter or hash rosin, to name a few.

A chart showing market and wallet share for cannabis concentrates

After legal setback, hemp extractors hope DEA won’t make any big moves

Hemp extractors worried about a federal crackdown over THC levels have dim prospects for getting help from the judicial system.

Instead, they’re looking to the words of the U.S. Drug Enforcement Administration in hopes the agency won’t put much effort into enforcing its 2020 rule about hemp extracts that go “hot,” or beyond 0.3% THC.

Image of a step in the cannabis extraction process

How cannabis retailers can avoid problems storing concentrates

Improper storage of cannabis concentrates can lead to major losses for store owners who are already competing in a cutthroat marijuana market with razor-thin margins.

Properly storing concentrates is especially important when retailers are often forced to sell merchandise at cost or cheaper to keep moving products moving out before they expire.

Image of a cannabis extract