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Friday, Apr 26, 2024
Mugglehead Magazine
Alternative investment news based in Vancouver, B.C.

Business

BC rolling out paid cannabis sales data program

The paid Cannabis Sales Data program is in its ‘early launch stage and is slowly rolling out’

BC cannabis sales data program
Photo via the Government of British Columbia

Cannabis retailers in British Columbia will have the option of a new paid subscription sales data program offered through the province.

The paid Cannabis Sales Data program is in its “early launch stage and is slowly rolling out,” according to a BC Liquor Distribution Branch spokesperson.

The paid-data package listed BCLDB Cannabis Data Sales website provides cannabis data on non-accessory products, including wholesale product sales, wholesale product information data, wholesale customer ranking reports and BC Cannabis Store retail product sales.

“SKU level sales by retail location and total dollar value of sales are not provided,” the website continues.

Read more: BC direct-to-retail cannabis distribution slated for fall 2022

The provincial regulator offers three frequency options for data, including weekly, monthly and quarterly. Prices vary accordingly.

Data will be uploaded on the second business day following the end of the reporting period, in the three schedules.

There’s no charge to the vendor-specific licensed producer data program, which is “available to vendors doing business with the BCLDB, for their own products only.”

That data comes out on weekly basis and includes SKU-level reporting of BCLDB shipments and inventory, meant to assist retailers with planning and inventory management. Vendor purchase order reports are included as well.

“This data is intended to facilitate forecasting, planning, and inventory management by the vendor,” reads the program website.

Data files will be available to download for 30 days before they’re deleted. Downloading the files within that timeframe is encouraged since the information won’t be available after that.

Data available through the program cannot be shared or resold as per the Cannabis Sales Data Services Agreement.

Vendors can reach out to cannabis.data@bcldb.com for more information.

Read more: Annual cannabis sales up 141% in BC

 

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