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Kris Walker from Hoodie Analytics joins us to decode cannabis market trends following 4/20, revealing how competing holidays, demographic shifts, and pricing strategies impacted this year's sales performance. Data shows 4/20 sales dipped 12% year-over-year, highlighting the industry's need for smarter decision-making beyond reflexive discounting.
• 4/20 fell on Sunday this year, competing with Easter and Passover celebrations
• Retailers spread promotions across the entire week rather than concentrating on a single day
• Demographic differences showed younger urban areas maintained stronger 4/20 performance than suburban regions
• The 45-54 age demographic (original 4/20 celebrators) saw a 20% drop in participation
• Price compression continues to challenge industry profitability despite oversupply opportunities
• Retailers can improve profitability by maintaining consistent pricing despite lower wholesale costs
• Premium pricing strategies work when brands create emotional connections with consumers
• Effective category management helps brands become trusted retail partners
• Customer segmentation enables more strategic resource allocation and personalized engagement
• Distribution, shelving, merchandising and pricing (DSMP) are the key leading indicators of sales success
Kris Walker is the Co-Founder, President, and Chief Commercial Officer at Hoodie Analytics, where he leads customer acquisition, product strategy, and the delivery of data-driven insights to some of the cannabis industry's top operators. With a career rooted in CPG, retail, and global analytics — including leadership roles at Nielsen and Big Chalk Analytics — Kris brings a wealth of experience in turning data into action. His mission at Hoodie is clear: help brands and retailers make smarter decisions, drive growth, and maximize ROI in one of the most complex consumer landscapes today.
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High Spirits is brought to you by Vertosa and Wolf Meyer.
Your hosts are Ben Larson and AnnaRae Grabstein.
Follow High Spirits on LinkedIn.
We'd love to hear your thoughts. Who would you like to see on the show? What topics would you like to have us cover?
Visit our website www.highspirits.media and listen to all of our past shows.
THANK YOU to our audience. Your engagement encourages us to keep bringing you these thought-provoking conversations.
Remember to always stay curious, stay informed, and most importantly, keep your spirits high.
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Send us a text
Kris Walker from Hoodie Analytics joins us to decode cannabis market trends following 4/20, revealing how competing holidays, demographic shifts, and pricing strategies impacted this year's sales performance. Data shows 4/20 sales dipped 12% year-over-year, highlighting the industry's need for smarter decision-making beyond reflexive discounting.
• 4/20 fell on Sunday this year, competing with Easter and Passover celebrations
• Retailers spread promotions across the entire week rather than concentrating on a single day
• Demographic differences showed younger urban areas maintained stronger 4/20 performance than suburban regions
• The 45-54 age demographic (original 4/20 celebrators) saw a 20% drop in participation
• Price compression continues to challenge industry profitability despite oversupply opportunities
• Retailers can improve profitability by maintaining consistent pricing despite lower wholesale costs
• Premium pricing strategies work when brands create emotional connections with consumers
• Effective category management helps brands become trusted retail partners
• Customer segmentation enables more strategic resource allocation and personalized engagement
• Distribution, shelving, merchandising and pricing (DSMP) are the key leading indicators of sales success
Kris Walker is the Co-Founder, President, and Chief Commercial Officer at Hoodie Analytics, where he leads customer acquisition, product strategy, and the delivery of data-driven insights to some of the cannabis industry's top operators. With a career rooted in CPG, retail, and global analytics — including leadership roles at Nielsen and Big Chalk Analytics — Kris brings a wealth of experience in turning data into action. His mission at Hoodie is clear: help brands and retailers make smarter decisions, drive growth, and maximize ROI in one of the most complex consumer landscapes today.
--
High Spirits is brought to you by Vertosa and Wolf Meyer.
Your hosts are Ben Larson and AnnaRae Grabstein.
Follow High Spirits on LinkedIn.
We'd love to hear your thoughts. Who would you like to see on the show? What topics would you like to have us cover?
Visit our website www.highspirits.media and listen to all of our past shows.
THANK YOU to our audience. Your engagement encourages us to keep bringing you these thought-provoking conversations.
Remember to always stay curious, stay informed, and most importantly, keep your spirits high.
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