BOULDER, Colo. — January 11, 2019 — BDS Analytics, the leader in comprehensive, actionable and accurate cannabis market intelligence and consumer research, today announced that they will now offer topline retail sales reporting for the Nevada market via their GreenEdge® Retail Sales Tracking Platform. This is the sixth state whose cannabis data offerings are now available in GreenEdge, alongside Arizona, California, Colorado, Oregon and Washington.
BDS Analytics’ reporting for Nevada begins with July 2017 and runs through October 2018, covering more than 100 product categories. In the near future, monthly reporting for Nevada will be upgraded to include brand and item level detail.
GreenEdge provides clients access to the most accurate and actionable data available on what is selling, when, where and for how much on a daily, weekly, monthly, quarterly and annual basis. Companies can leverage real data to make strategic decisions that will advance the financial goals of their business and gain an understanding of the cannabis markets – from what is selling in different states to pricing strategies, brand concentration, market segmentation, how trends flourish over time and more.
“Our GreenEdge platform can now provide in-depth info on the $728 million in legal cannabis transactions that occurred in Nevada from July 2017 to October 2018,” said Liz Stahura, president and co-founder of BDS Analytics. “The state has a flourishing market thanks to the dispensary boom in Vegas and a healthy adult-use market throughout the state. This new data stream will help to advance companies operating in Nevada, as well as for those looking to make investments in Nevada and beyond.”
GreenEdge’s data offerings on the Nevada market paint a picture of how influential it is in its current form – the seventh state in the nation to legalize adult-use. Growth in the state is healthy — sales in July 2018 were 21 percent greater than the previous July — and sales for the first 10 months of 2018 are greater than the same period in 2017.
As with previous data offerings, all registered National Cannabis Industry Association members will receive access to the newly released Nevada data along with their existing access to GreenEdge® sales data from Arizona, Colorado, California, Oregon and Washington.
About BDS Analytics:
Headquartered in Boulder, Colo., BDS Analytics provides businesses with comprehensive, actionable, and accurate cannabis market intelligence and consumer research. The company provides a holistic understanding of the cannabis market by producing insights from dispensary point-of-sale systems through its market-leading GreenEdgeTM platform, driving consumer research with its Cannabis Insights Group, and generating market-wide cannabis industry financial projections through its Industry Intelligence Group. To learn more about how you can utilize BDS Analytics’ superior market research, please visit www.bdsanalytics.com.
North 6th Agency (for BDS Analytics)