212.985 - 217.87
124.3 - 281.25
Echofin Members Consensus
Currently 18k business listings on the marketplace. Average order value (AOV) ~$100, compared with average cannabis retailers $50-60, showing how they are more than standard retail. On the business side, they provide a “Business-in-a-Box” (BiaB) SaaS solution for retailers, most importantly compiling all regulation requirements (state, county, city) in real-time to ensure compliance. They claim there are no direct competitors who can support cannabis businesses in this space. Most of their clients were doing all record keeping on pen and paper because other ecomm platforms and record software cannot meet regulatory requirements. They have ~4k clients on the monthly subscription service ($500/mo). They plan to build out their platform to include CRM, loyalty programs, and premium analytics. With new features they will increase the price.
Next Dividend Date
Salesforce.com, inc. is an American cloud-based software company headquartered in San Francisco, California. It provides customer relationship management service and also sells a complementary suite of enterprise applications focused on customer service, marketing automation, analytics, and application development. In 2020, Fortune magazine ranked Salesforce at number six on its 'List of Top 100 companies to work for', based on an employee survey of satisfaction.
CEO: Marc Benioff
HQ: 415 Mission St Fl 3 San francisco, 94105-2533 California