Las Vegas, Nevada–(Newsfile Corp. – August 31, 2022) – Bhang Inc. (CSE: BHNG) (OTCQB: BHNGF) (“Bhang” or the “Company“), a global cannabis CPG brand company with an award-winning portfolio of products, has partnered with Hoodie Analytics to streamline sales insights and strategies.
Hoodie Analytics tracks over 4MM daily unique offers in over 8,500+ dispensaries in the US and Canada, making it one of the largest and most impactful platforms in cannabis for tracking sales metrics such as pricing, promotion, stocking status, distribution and share of shelf.
“Complex, strategic decisions require more than just accurate data over a certain period. We need real-time analytics to understand where and when we can make a difference,” says Wes Eder, Global VP of Revenue for Bhang. “Our new relationship with Hoodie Analytics sharpens Bhang’s toolkit, providing key industry data that will save us time and money, and further streamline our sales process. I’m excited to start working with them.”
“Hoodie Analytics does more than improve our ability to monitor retail activity. It ensures that we understand our market presence and helps identify opportunities where we can make a difference,” says Graham Simmonds, Bhang’s Chairman of the Board and new interim CEO. “Hoodie’s real-time data combined with its next-day insights provides access to market trends and metrics within hours. From a sales perspective, as well as product development, it will be a game changer for Bhang and its evolving approach to market.”
“Helping brands like Bhang make a clear shift to data-driven decisions is what we live for. Making better decisions leads to making more money – and our goal is to make it so easy for our customers to use our data that it feels as comfortable as brushing their teeth every morning or wearing your favorite hoodie,” says Kris Walker, Chief Commercial Officer at Hoodie. “We could not be more delighted to help Bhang identify opportunities to make more money – and to operationalize this process across all of their markets and channels.”
The multi-state agreement was entered into on August 18, 2022.
Bhang (CSE: BHNG) (OTCQB: BHNGF) is committed to making the fairly enjoyable ridiculously fun. For over a decade Bhang has delivered exceptional sensory experiences to consumers through its extensive portfolio of over 50 master-chef-created cannabis, CBD and terpene products including gourmet chocolates, pre-rolls, CBD isolate, and Hempsticks™. Bhang’s highly-awarded chocolates are among the top-selling edibles in 7 U.S. states and Canada. Bhang’s CBD products are globally distributed and are known for being safe, efficacious and delicious. Learn more at www.bhangnation.com and purchase our high-quality CBD products at www.bhangcbd.com.
About Hoodie Analytics
Hoodie Analytics was founded on the belief that cannabis businesses need deep operational insights and applications to better compete. Our team has decades of experience with e-commerce intelligence & market measurement in markets like Consumer Packaged Goods (CPG). With Hoodie Analytics, you get an indispensable partner tracking the daily movements of the market. You get access to the best people, processes, and data which deliver the critical factor towards building a winning brand. You can focus on running your business. Hoodie delivers the insights needed to outgrow the pack.