Howard Schacter Says Bud Tenders Not Just Handing Over Package But Asking Additional Questions Is Huge Opportunity
Portfolio Pulse from Benzinga Newsdesk
Howard Schacter discussed the significant opportunity in cannabis retail, emphasizing the role of bud tenders in enhancing customer engagement by asking additional questions, not just handing over packages. This approach could improve customer experience and sales in the cannabis industry. The article also mentions the Cannabis Capital Conference, offering access to both existing and new subscribers.
April 17, 2024 | 2:35 pm
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POSITIVE IMPACT
Howard Schacter's insights on bud tenders could signal a positive shift in customer engagement strategies for companies like MRMD, potentially enhancing their market position.
Given MRMD's involvement in the cannabis industry, adopting the customer engagement strategies highlighted by Schacter could lead to improved customer satisfaction and sales, positively impacting MRMD's stock in the short term.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 75
POSITIVE IMPACT
The emphasis on bud tenders' role in cannabis retail could benefit ETFs like MSOS, which invest in the US cannabis sector, by potentially increasing the value of its holdings.
As MSOS focuses on the US cannabis market, improvements in retail strategies, as discussed by Schacter, could lead to an overall sector growth, benefiting MSOS's portfolio companies and, consequently, its stock price.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 75