“Unlocking the Potential of the THC Drink Market – The Next Big Wave for Liquor Stores?”
Just as hard seltzers took the liquor store industry by storm, the THC drink market is poised to do the same. With the recent legalization of THC drinks in Minnesota, which was a result of a congressional oversight slipped into a legislative bill, liquor store owners now have the opportunity to tap into this growing and lucrative market. Similar to the way hard seltzers increased foot traffic, the Provi Team published an article showing how THC drinks will increase sales, and profits for liquor stores, THC drinks offer the same potential and are a highly sought-after product among consumers. By exploring the THC drink market, liquor store owners can stay ahead of the curve and unlock a world of new opportunities for their business.
One of the key benefits of selling THC drinks is the increase in foot traffic that it can bring. THC drinks are a highly sought-after product, and customers are eager to try the latest and greatest offerings in this market. Sarah Spagnolo published an article in Foursquare showing how liquor stores are being affected by the increase in marijuana sales. By carrying a range of THC drinks, liquor store owners can attract new customers who are looking for a convenient and reliable source of these products.
Another benefit of selling THC drinks is the increased social media exposure that it can bring. THC drinks are a popular topic of discussion on social media, and customers are often eager to share their experiences and recommendations with their friends and followers. This can help to increase the visibility of your liquor store and drive new customers to your business.
In addition to increased foot traffic and social media exposure, THC drinks also offer liquor store owners generous profit margins compared to other products. THC drinks are typically sold at a premium price, and with the high demand for these products, liquor store owners can enjoy healthy profits from each sale.
So, what are the top products in the THC drink market? Let’s take a closer look at some of the leading brands:
- Keef Cola – Keef Cola is a popular brand of THC-infused soda that offers a range of flavors, including classic cola, root beer, and orange. Keef Cola is known for its high-quality ingredients and precise dosing, making it a popular choice among consumers.
- Drift – Drift is a brand of THC-infused drinks that offers a range of products, including soda, juice, and tea. Drift is known for its innovative flavors, high-quality ingredients, and precise dosing, making it a popular choice among health-conscious consumers who are looking for a healthier alternative to traditional THC drinks.
- CannaTonix – CannaTonix is a brand of THC-infused soda that offers a range of flavors, including cola, lemon-lime, and ginger ale. CannaTonix is known for its high-quality ingredients, precise dosing, and sweet and refreshing taste, making it a popular choice among consumers who are looking for a tasty way to consume THC.
- Two Roots Brewing Co. – Two Roots Brewing Co. is a brand of THC-infused beer that offers a range of styles, including lager, IPA, and stout. Two Roots Brewing Co. is known for its high-quality ingredients, precise dosing, and innovative flavors, and it is a popular choice among consumers who are looking for a way to combine the effects of THC with their love of beer.
Great – now that you’ve got four new products you want to stock – how do you find the space?!?
Liquor store owners are often overwhelmed with the constant influx of new products from suppliers, and their shelves can quickly become cluttered. To make room for new products like THC drinks, it’s important to identify slow-moving items and clearance them out. Displaying the lowest selling products in a POS system can be a valuable tool for businesses looking to optimize their inventory and product offerings. By identifying products that are not selling well, businesses can make informed decisions about whether to reduce inventory levels, adjust pricing, or discontinue the product altogether. If your POS system doesn’t show your lowest selling products, it’s time for a switch. This is where a POS system like Cloud Retailer can help. With its advanced inventory management features, liquor store owners can easily identify underperforming products and make data-driven decisions to clear out slow movers and make room for more profitable items.
In conclusion, the THC drink market offers liquor store owners a range of exciting opportunities to increase their foot traffic, sales, and profits. By offering a range of high-quality THC drinks from leading brands, liquor store owners can tap into this growing and lucrative industry.
Check out Cloud Retailer’s Help Desk to see solutions to POS systems such as “Creating a new product (101)”. Cloud Retailer is ready and prepared to help your business strive and succeed!
So what are you waiting for? Contact us today for a list of THC beverage suppliers and their contact information. Our team will be happy to provide you with the resources you need to take your business to the next level.