High Spirits: The Cannabis Business Podcast

#085 - 4/20 By The Numbers and Data-Driven Decision Making w/ Kris Walker, President & CCO @ Hoodie Analytics


Listen Later

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.



...more
View all episodesView all episodes
Download on the App Store

High Spirits: The Cannabis Business PodcastBy AnnaRae Grabstein and Ben Larson

  • 4.5
  • 4.5
  • 4.5
  • 4.5
  • 4.5

4.5

6 ratings


More shows like High Spirits: The Cannabis Business Podcast

View all
Fresh Air by NPR

Fresh Air

38,168 Listeners

Pivot by New York Magazine

Pivot

8,940 Listeners

Blunt Business by Cannabis Radio

Blunt Business

39 Listeners

Cannabis Legalization News Podcast by Cannabis Legalization News

Cannabis Legalization News Podcast

51 Listeners

The Prof G Pod with Scott Galloway by Vox Media Podcast Network

The Prof G Pod with Scott Galloway

5,244 Listeners

All-In with Chamath, Jason, Sacks & Friedberg by All-In Podcast, LLC

All-In with Chamath, Jason, Sacks & Friedberg

8,764 Listeners

SmartLess by Jason Bateman, Sean Hayes, Will Arnett

SmartLess

57,724 Listeners

The Dime by Bryan Fields & Kellan Finney

The Dime

104 Listeners

Huberman Lab by Scicomm Media

Huberman Lab

28,354 Listeners

Honestly with Bari Weiss by The Free Press

Honestly with Bari Weiss

8,543 Listeners

The Dales Report | Trade to Black by Dales Media Group

The Dales Report | Trade to Black

7 Listeners

The Mel Robbins Podcast by Mel Robbins

The Mel Robbins Podcast

20,926 Listeners

Wiser Than Me with Julia Louis-Dreyfus by Lemonada Media

Wiser Than Me with Julia Louis-Dreyfus

10,551 Listeners

What Now? with Trevor Noah by Spotify Studios

What Now? with Trevor Noah

3,897 Listeners

Higher Exchanges by Higher Exchanges

Higher Exchanges

12 Listeners