What Cannabis Dispensaries Can Offer Customers to Increase Sales Per Transaction

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BOULDER, Colo.WeaveIQ, the cannabis retail software provider behind the suite of dispensary point of sale (POS) solutions, has worked in close collaboration with multi-state operator Body and Mind (BaM) to develop a robust, custom integrated platform that facilitates online ordering while addressing associated pain points.  Tackling everything from METRC compliance reporting to an elegant caregiver solution, this innovative partnership has fostered the first online ordering integration for cannabis stores approved by the Ohio State Board of Pharmacy.

Early data from BaM and other customers showed the value of collecting orders in advance, which prompted WeaveIQ’s creation of its online ordering plugin. Body and Mind quickly joined as a partner, expediting and supporting the development and offering its locations as first adopters. This relationship is part of a trend in the cannabis industry, fueling a closer alignment of companies in different stages of the vertical chain. WeaveIQ and Body and Mind are excellent examples of progressive collaboration between two innovative companies, benefiting from each other’s strengths.

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Of the partnership, BaM Chief Operating Officer Trip Hoffman had this to say. “Working directly with WeaveIQ gave us the upper hand in closing the gap between compliance, transactions, and the online customer experience. Weave went above and beyond to innovate a robust, simple, and modern solution that helped us rapidly expand our operation and build our customer base.”

James Ontiveros, the CEO of WeaveIQ, believes that their cannabis retail platform is what small businesses and large enterprises alike have been searching for.

“Our success is largely due to our customers. From the very beginning, we decided to build our company by listening to the needs of these business owners and solving the challenges they face day-to-day. This has inspired us to build an intuitive ecosystem without any bloat, and this ensures that we are continuously solving real-world problems.”

The WeaveIQ online ordering system is seamlessly integrated into its point of sale software. Key features include real-time inventory, auto applying promotions, and live tax rates all pulled directly from the POS software.  Customers can also access their purchase history, loyalty points, order status, and more. In addition, the attractive and user-friendly design makes its integration with existing compliance systems a snap.

WeaveIQ first launched its suite of dispensary POS solutions in early 2017 at a small cannabis retail store in Boulder, CO. Since then, they have operated in 61 cities in 9 states and have facilitated over 5.5 Million transactions. BaM chose WeaveIQ as their POS partner when they opened their first store in Elyria, OH, and worked with them to expand into California, Arkansas, and soon in Michigan and Illinois.  Historical proprietary data shows that employing WeaveIQ’s online ordering solution can increase per transaction sales by over $40.  Body and Mind alone boasts the #1 online sales volume in Ohio and accounts for over $45 million in gross sales nationwide.

Currently, WeaveIQ is working on additional upgrades, including an “Offline Mode,” a universal delivery integration for states that allow for it, and an AI learning algorithm that can predict consumer demand patterns.

About WeaveIQ

WeaveIQ simplifies and modernizes cannabis operations. We do this by designing software that flows naturally with the way people move through their day. The WeaveIQ cannabis retail platform enhances all aspects of company performance – revenue growth, cost optimization, profitability, customer loyalty, and market share expansion. Our vision is to reach beyond – beyond expectations, beyond comparisons, and beyond limits.  Please visit  https://weaveiq.com for more information.

About Body and Mind

Body and Mind Inc. is an operations-focused multi-state operator investing in high-quality medical and recreational cannabis cultivation, production, and retail. Our wholly-owned Nevada subsidiary was awarded one of the first medical marijuana cultivation licenses and holds cultivation and production licenses. BaM products include dried flower, edibles, oils, and extracts, as well as GPEN Gio cartridges. BaM cannabis strains have won numerous awards, including the 2019 Las Vegas Weekly Bud Bracket, Las Vegas Hempfest Cup 2016, High Times Top Ten, the NorCal Secret Cup, and the Emerald Cup.

BaM continues to expand operations in Nevada, California, Arkansas, and Ohio and is dedicated to increasing shareholder value by focusing resources on improving operational efficiencies, facility expansions, state licensing opportunities as well as mergers and acquisitions. Please visit www.bodyandmind.com <http://www.bodyandmind.com> for more information.

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