BDSA has launched a wholesale pricing solution in partnership with Apex Trading that offers a comprehensive view of wholesale and retail pricing data, providing better market intelligence for both growers and retailers.
BDSA offers data, market intelligence and strategic guidance to the cannabis industry. Apex Trading provides cultivators, product manufacturers, distributors and retailers with comprehensive sales and wholesale business management tools that streamline operations and strengthen the individual relationship between buyers and sellers.
“The new wholesale pricing solution helps both growers and retailers better understand and predict pricing patterns, adding new efficiencies to their go-to-market strategies,” said BDSA CEO Micah Tapman. “For the first time, cannabis industry players have a single location for all the information they need to make better decisions and accelerate their path to profitability.”
The wholesale pricing solution offers visibility into pricing trends including weekly pricing indices, maximum and minimum pricing, breakdowns of pricing at the wholesale level for various product groups — a buds, b buds, et al. — pricing for indoor versus outdoor products, and more.
Growers can see for each product they offer where the market is pricing their product and determine the best time to bring products to market. Retailers can research best pricing for various products they want to stock.
“At Apex Trading we are constantly developing new solutions that provide greater value to our clients and this partnership with BDSA is a great example of that,” says John Manlove, Apex Trading founder and CEO. “Through rich and actionable wholesale and retail market data insights, producers and retailers will now have more tools in their chest for making wholesale production, pricing and purchasing decisions.”