Dutchie 2.0 powered the biggest day in cannabis behind 4/20
Dutchie, the cannabis industry’s leading technology platform helping cannabis businesses start, operate, and grow, saw dispensaries on their platform process millions of transactions on November 27, 2024. Known by cannabis connoisseurs and industry veterans as Green Wednesday, the date is historically the second biggest sales day of the year, behind 4/20. Dutchie supported over 6,500 legal cannabis dispensaries, helping cannabis consumers seamlessly purchase products to celebrate the “high holiday” or purchase gifts to accompany their Thanksgiving dinners.
Average dispensary sales increased 91% when compared to a typical Wednesday, and the average basket increased 9% to $70.80. In New York, dispensaries reported even higher averages, with adult-use baskets reaching $83.37 and medical baskets reaching $106.41. This was driven in part by increased Pay by Bank usage, a Dutchie payment product powered by Plaid, which increased the basket size on Green Wednesday by 32% compared to cash. While this was a huge Green Wednesday, 4/20 is still the largest day of the year, with 17% more 4/20 sales this year than Green Wednesday.
This year’s Green Wednesday was powered by Dutchie 2.0, a transformative update released earlier this year designed to help dispensaries thrive in an increasingly competitive market. With a focus on personalization, efficiency, and data-driven decision-making, Dutchie 2.0 provides retailers with the tools they need to reach new levels.
“While not as well-known as 4/20, Green Wednesday is quickly becoming a premier cannabis holiday and a vital day of business for cannabis dispensaries. And as more Americans swap alcohol for cannabis, the popularity of Green Wednesday will just increase,” said Spencer Scott, Chief Revenue Officer of Dutchie. “Wednesday was a great day for our customers, and we are honored to play a part in their success.”
About Dutchie
Dutchie is the cannabis technology software platform that enables cannabis commerce, streamlines dispensary operations, and provides safe and easy access for consumers. Powering over 6,500 dispensaries throughout the U.S. and Canada, and facilitating over 22 billion dollars in sales annually, Dutchie is a complete cannabis operating system, providing solutions for point of sale, e-commerce, marketing and loyalty, seamless payments, and more.
View source version on businesswire.com: https://www.businesswire.com/news/home/20241203560118/en/
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Taryn Schofield
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