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Ecommerce

Cannabis E-Commerce: Apple Leads, Google Lags [Video]

This week’s Marijuana Market Update is all about cannabis e-commerce.

I discuss how a tech giant’s new policy is transforming how cannabis companies do business.

In June, Apple updated its app store review guidelines.

Prior to this, it banned the sale of controlled substances. However, it changed that language to grant an exception for “licensed or otherwise legal cannabis dispensaries.”

The provision included that apps for dispensaries must be “geo-restricted.”

So, for example, a dispensary in Illinois can now create a cannabis e-commerce app and sell its products — but only in Illinois. You won’t be able to access the app in Florida.

U.S. E-Commerce Trends Up

This is a massive win for cannabis dispensaries around the country, which can now take advantage of the growing trend in e-commerce.

As you can see in the chart above, a study by eMarketer and Buildfire found that mobile commerce (m-commerce) — using apps to buy goods and services through your smartphone …

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Categories
Ecommerce

Black Friday deals 2021: Walmart, Target, Best Buy, Kohls open as shoppers line up outside Aurora outlet mall [Video]

Black Friday shoppers descended on Chicago Premium Outlets in Aurora. Police said the mall had reached capacity and entrances were closed temporarily.

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Ecommerce

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Ecommerce

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