DENVER, April 22, 2021 /PRNewswire/ – Cannabis retail traffic was up 9.5%, and sales rebounded 8.4% year-over-year on 4/20, according to Cova Software, the largest Cannabis Point of Sale .
2019 was a normal year in which dispensaries in Canada and legal US States fought hard to be open by 4/20, and to procure the maximum amount of inventory to meet the surge in demand.
Last year saw a COVID shutdown of all retail businesses in March, followed by various re-openings of dispensaries by state or province in April.
4/20/21 was nowhere near a return to normalcy, as some municipalities were locked down for non-essential travel, while others were open for business but with 6-foot restrictions in place.
It turned out there was huge demand from consumers and patients, and because of COVID relief checks in April, they had money to spend in dispensaries.
Dispensaries across North America saw 9.5% more traffic through their store this year, which is attributable to this April’s greater freedom to visit retailers in the US.
Year over year, approximately 1,000 new dispensaries opened .
Cova’s award-winning platform helps cannabis retailers simplify compliance, streamline dispensary operations, and increase profits through sophisticated inventory management, mobile dashboards, and seamless integrations with the most valued tech solutions in cannabis retail.