Aside from start-ups, serious retail expertise and investments are starting to hit the industry
Legislators put the cannabis into Canada last week, as the nation became the first major world economy to legalize marijuana for recreational use. Now, as the barriers come crashing down across North America on the sale of what was once reviled as “Reefer Madness”, it’s fascinating to watch how retailers are responding.
A whole new crop of “marijuana merchants” (and support services) are popping up, literally inventing the category as they go. In anticipation of what might be called “the green wave”, an event was recently held in Chicago to help puzzle out “The Future Of Cannabis Retail”.
“We are yet to become familiar with what a cannabis store should look like,” observed organizer Gwen Morrison, CEO The Store WPP*, The Americas. “Right now, the experience is inconsistent, as the category extends from the cold dispensary formats to lifestyle boutique. In the future, some stores may look like bakeries, others may take on the look of fine jewelry. As the BBC recently speculated, ‘seedy headshops’ could be a thing of the past.”
To Read The Rest Of This Article On Forbes, Click Here