If you happen to be searching for pot sales analytics today, on the annual 4/20 holiday celebrated by marijuana aficionados, look no further than the Pacific Northwest.
Seattle startup Headset, a marijuana retail business data intelligence provider, knows that sales grew by 111 percent on this day last year. POSaBIT, a Kirkland, Wash.-based cryptocurrency company serving the cannabis business, found that dispensaries in Washington, Colorado, and California saw a 91 percent increase in customers during last year’s festivities and a 22 percent increase in average transaction value.
Headset and POSaBIT are just two of countless cannabis-related startups based in cities such as Seattle, Portland, and Vancouver B.C.
Not only has this region been “the epicenter of cannabis culture in North America,” but it is also a “hub for innovative tech companies,” said Tim Leslie, who recently left an executive role at Amazon to become CEO at Seattle-based marijuana discovery platform Leafly.
As a result, Leslie said Seattle is “well positioned” to be a cannabis tech hub. That’s helped along by the Northwest’s granola-crunchy, free-spirited culture, which is also somehow home to a Type-A, finish-it-yesterday tech culture.
Read more at geekwire.com
