On Impulse: Follow these steps to psych your customers into making additional purchases

On Impulse: Follow these steps to psych your customers into making additional purchases

Impulse purchases account for a significant chunk of the consumer spending pie. About one-third of all consumers make at least one impulse buy every week with a median purchase of $30. An impulse purchase is usually one of three things: an add-on to complement something a customer has already decided to buy (like a lighter…

It’s a Mad Mad World for Cannabis Legalization

It’s a Mad Mad World for Cannabis Legalization

It may sound obvious, but CNBC “Mad Money” host Jim Cramer expects another round of U.S. cannabis legalization in 2019. “Nearly every time this gets put up for vote, legalization wins,” Cramer said, noting recent victories in Michigan and New York. However, even if every state legalizes, cannabis would still remain illegal under federal law, he pointed…

Philip Morris Promotes Safer Nicotine Delivery Device

Philip Morris Promotes Safer Nicotine Delivery Device

The head of Philip Morris International says more scientific research needs to be completed before the company would risk moving into the cannabis market. André Calantzopoulos, chief executive, stressed that there is a lack of scientific data on the long-term impact of cannabis. Calantzopoulos claims, however, that smokeless nicotine products are a less harmful alternative…

Cannabis: the Gift that Keeps on Giving

Cannabis: the Gift that Keeps on Giving

While cannabis is now legal in Michigan, the Department of Licensing and Regulatory Affairs does not yet provide commercial licenses for recreational marijuana dispensaries. But businesses have identified a loophole in the law, allowing them to gift cannabis with the sale of other products such as snacks and chocolates. According to the Michigan Taxation and Regulation of Marihuana Act,…

Congress Looks at Higher Tobacco Taxes, Sales Methods

Congress Looks at Higher Tobacco Taxes, Sales Methods

A new bill introduced in Congress would drastically change the U.S. federal government’s laws regarding tobacco products, most notably, banning the sale of cigars online and through catalogs. H.R. 293 is described as the Youth Vaping Prevention Act of 2019, but in reality it will affect every single tobacco product sold in America. For cigar smokers, the…

CBD Talk

CBD Talk

CBD may be good for relieving your aches and pains, but what about getting rid of your wrinkles? “I tried out the CBD lotion. It’s not a placebo. It really does work for pain management.” But whether it has other purported cosmetic benefits is a subject still very much up for debate,” Jessica Richards, founder…

Galactic Glass

Galactic Glass

Galactic Glass may be new on your radar, but the Eugene-based father and son duo are in no way new to the flame, and they’re definitely not new to 420 culture. Andy Ray, the founder of the outfit, was once the owner and operator of Psychedelic Ceramics, a handmade, ceramic pipe company in business from…

Green Financial

Green Financial

Payment processing. In the digital age, it’s as essential as the products on your shelf, but within our space, trying to retain the service is like a child in a bathtub trying to hold onto a wet bar of soap. Our wares might be legal, but bankers still largely view them as a gray area—and…