Demand in cannabis retail isn’t as simple as POS sales data makes it seem.

Most dispensaries track demand at the SKU-level, but that’s not enough. Cannabis inventory is dominated by rotating strain-based products, making up about 80% of total inventory. Dispensaries that track demand like this are missing the forest for the trees.

Trusted by Retailers Nationwide
Inaccuracy LOses money

If you’re not tracking demand correctly, you’re likely both overstocking and understocking at the same time.

Tracking SKU level is too small a lens, tracking category level is too large a lens. To truly calculate demand correctly, you have to group your products based on how customers actually shop.

20-30%

Difference between what retailers do or don't buy and actual customer demand

$50k

Average overstock amount, per month per store, for the average retailer

CUSTOMER DEMAND AT YOUR STORE

Here’s how a typical customer purchases cannabis

“I need to reup, I’m going to grab an ounce of flower” or “We’re going out tonight, I should grab some infused prerolls”

They go to your menu or store, they ask what you have for infused prerolls, or what options for sativa flower you have on the shelf.

They peruse the options you have that fit their need and buy the ones that sound/look/are the best for them.

Take notice:

They aren’t looking for a single brand nor are they looking for a major category. They aren’t saying “show me your prerolls” when they want an infused 1g cone. Neither are they always saying “what Jeeter infused preroll options do you have?”

But that’s how so many retailers are purchasing inventory.

Buying solely by SKU or by major category leaves your inventory counts 20-30% inaccurate at best. You always end up overstocking products that don’t move as well as understocking products that do.

How Happy Buyers Solves It

We built Happy Buyers to solve the biggest cash flow problem in cannabis retail

Demand (SKU) groups

Group similar products based on how customers actually buy them and easily reference dynamic restock reports

Inventory health

Maintain visibility of dispensary inventory, benchmarks, anomalies in an intuitive interface

Automated ordering

Based on recommendations, easily generate/export purchase requests to send vendors

Break out of the spreadsheets

A single tool to calculate inventory data and provide recommendations that improve cashflow and grow revenue

$50,000

in over-stock reduction

Happy Buyers

We were living in the stone(r) ages, managing multiple excel sheets with countless formulas, pivot tables, and would frequently encounter data issues... Now we can effortlessly evaluate our inventory needs, from the SKU level up to the demand of a particular category and price point. Having accurate sell through information and recommended re-order quantities based on desired par level and actual lead times, is invaluable.

6 hrs

Average saved time per week

Happy Buyers

It saved me hours upon hours every day of work that I have to do. So super happy with Happy Cabbage, no pun intended.

$50,000

in over-stock reduction

Happy Buyers

Our experience with Happy Cabbage has been nothing short of exceptional. From the outset, their team has demonstrated a remarkable level of professionalism and expertise that has truly set them apart.

Happy Buyers really takes the guesswork out of inventory purchasing. Our staff don't have to take a guess or rely on gut. They can go in and feel confident that they're making an accurate decision.

Typically I will import all the data and start running it myself. And you guys already have all of the run rates, the par levels and everything readily available at any given time.. I don't have any complaints, It's been great.

If you’re a dispensary owner you need to take a look at Happy Cabbage.

Learn how Happy Cabbage can help you make more money in the most effective way possible.