Sixth Annual Cannabiz Media Level of Sale Software program within the Hashish Business report is now out there! 2024 report supplies up-to-date info available on the market share of Level of Sale (POS) Software program in the US and Canada Hashish {industry}.
To provide the Level of Sale Software program within the Hashish Business – Report 2024the Cannabiz Media analysis group made roughly 37,000 outbound telephone calls to survey each US and Canadian dispensaries and hashish retail places about their present use of POS software program.
Important outcomes for 2024
A number of the key findings on this yr's report embody:
- There are 71 hashish {industry} POS software program suppliers within the US and 52 in Canada.
- 15 firms compete in the US and Canada.
- Mixed, the highest 5 POS software program suppliers within the US maintain 66.6% market share.
- Mixed, the highest two POS software program suppliers in Canada maintain 70% market share.
- Dutchie's POS software program manufacturers have a mixed market share of 34.5% within the US
Level-of-Sale Software program Rankings in the US and Canada
In the US, the highest 5 POS software program suppliers will account for 66.6% of the market in 2024, up from 60% in 2022 and 61% in 2021.
In our 2022 report we’ve got aggregated the manufacturers right into a single firm. A lot of the high 5 manufacturers are nonetheless on this yr's rankings:
- Dutchie: 34.5% (from 28% rolling up Inexperienced Bits and Leaflogix)
- BioTrack: 11.8% (Down from 13.4% – contains Allaves)
- Movement: 9.9% (down from 11.8%)
- MJ Freeway: 6.2% (down from 6.5%)
- Magestore: 4.3% – new to the checklist
In Canada, the highest two POS software program suppliers dominate 70% of the market from 73%. The highest 5 suppliers in 2024 are as follows:
- COVA: 45.3%
- BLAZE/Greenline: 25.1%
- Techpos: 6.16%
- GlobalTill: 6.05%
- the POS baby: 2.92%
COVA and BLAZE/Greenline are down barely whereas Techpos, GlobalTill and barnet/POS are up.
Altering POS software program supplier in 2024
In 2020, we began monitoring when a retailer modified its software program from one provider to a different. In 2024, we counted 278 change up from 222 in 2022. There have been 205 in the US and 73 in Canada.
Dutchie gained probably the most prospects from switches – racking up 139 whereas shedding simply 12. Magestore gained 67 by transferring different suppliers to Trulieve. On the shedding facet, BioTrack left 45 shops with BLAZE / Greenline down 38. Not surprisingly, we noticed the largest modifications within the huge American hashish markets like Colorado (27), Michigan (20) and Oklahoma ( 20).
Level of Sale Stations in 2024
The Cannabiz Media analysis group as soon as requested shops what number of shops they’ve as a part of our phone survey. There may be nonetheless a variety in North America, however the common variety of POS stations in the US is 3, and in Canada it’s 2. Treez had the best median with 5 with Leaflogix second with 4.
Be taught extra within the full report
Cannabiz Media prospects can obtain the complete Level of Sale Software program within the Hashish Business – Report 2024 to get all the info and insights, together with:
- The entire checklist of all 71 US and 52 Canadian level of sale software program suppliers
- Market share knowledge for the US, Canada, North America, US medical states, and US grownup use states
- POS software program supplier historic market development knowledge
- Annual license development knowledge from the POS software program firm
- Key Canadian state and province POS software program market knowledge
- POS software program modifications earnings and losses
- POS station knowledge by state
- Charts and tables of knowledge
- And extra
extra to
https://www.cannabiz.media/weblog/point-of-sale-software-in-the-cannabis-industry—2024-report
