'The Jewel In The Crown': How Data Is Shaping Cannabis Retail, 'Customers Are Key', Says Item 9 Labs CEO
Portfolio Pulse from Joana Scopel
At the recent Benzinga Cannabis Capital Conference, industry leaders emphasized the importance of data in understanding consumers and driving business growth in the cannabis sector. Sarah Kabakoff, VP of business development at Dutchie, and Mike Weinberger, CEO of Item 9 Labs Corp. (OTCPK: INLB), highlighted the need for businesses to utilize their data efficiently. The panel also included Wendy Berger, board member of Green Thumb Industries Inc (OTCQX:GTBIF), and Raj Grover, founder, president & CEO of High Tide Inc (NASDAQ:HITI).
August 11, 2023 | 5:57 pm
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POSITIVE IMPACT
Green Thumb Industries Inc was represented in a panel discussion on the importance of data in the cannabis industry, indicating its involvement in industry trends and discussions.
The company's involvement in industry discussions suggests it is staying abreast of trends and strategies, which could positively impact its business decisions and performance.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 50
POSITIVE IMPACT
High Tide Inc's CEO recalled the early days of the cannabis industry, indicating the company's long-standing presence in the sector.
The CEO's reflections suggest the company has a deep understanding of the industry, which could positively impact its strategic decisions and performance.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 60
POSITIVE IMPACT
Item 9 Labs Corp.'s CEO emphasized the importance of data in understanding customers, which could indicate a strategic focus on data-driven decision making.
The CEO's emphasis on data suggests that the company may be investing in data analytics to drive growth, which could positively impact the company's performance.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70