Terrayn Launches Dispensary Intelligence Solution to Solve Top Dispensary Problems Plaguing the Cannabis Industry Today


Ryan Allway

September 20th, 2022

News, Top News


DENVERSept. 20, 2022 /PRNewswire/ —  Terrayn, a Denver-based cannabis retail solutions provider that partners with dispensaries across the United States and Canada, today announced the launch of HyperPerformance, its new suite of cannabis industry intelligence tools. Aimed at solving common challenges facing cannabis retail proprietors in marketing, training, competitive analysis and decision-making, this solution will provide dispensary owners with the business intelligence and tools they need to understand consumer behavior and enhance operational excellence.

 

While traditionally known for helping cannabis retailers increase foot traffic using its HyperLocal SEO services, Terrayn is now expanding its footprint in the cannabis retail technology arena with this newest suite of business intelligence software.

 

The HyperPerformance suite was developed by dispensary owners for dispensary owners to overcome challenges caused by incomplete data, strict regulations, and increasingly saturated markets. This innovative performance dashboard provides a unique view of data with actionable insights on pricing, product mix and the impact of marketing campaigns. Additional tools, including a product recommender and custom menu displays, are designed to enhance operational excellence.

 

This solution comes as the cannabis industry is at an impetus of change, evolution, and fierce competition. Dispensary owners must rely on data, not their gut, to make business decisions and many are struggling to make a profit despite the promise of a “green rush” upon the onset of legal, recreational state cannabis laws. Nonetheless, the industry is still expected to reach $72 billion by 2030 and newly legal states like New York and New Jersey are ushering in more industry players and competitors daily.

HyperPerformance will arm dispensary owners with data insights and business intelligence to help them stand out from competitors. The principle behind both Terrayn’s HyperLocal solution and this latest software was inspired by military solutions used to locate IEDs in Afghanistan. The company’s founder and CEO, Trevor Shirk, is a former Army officer.

 

“When we were looking for IEDs, we couldn’t physically search everywhere due to the sheer volume of the areas we had to clear. To overcome this challenge, we leveraged data and technology to focus our efforts on the areas that were most likely to be targeted,” said Shirk. “After the Army, I applied the same principle to help retailers get more customers and focus resources where they are most effective and impactful.”

 

Terrayn launched the HyperPerformance suite of business intelligence tools in September 2022 and is continuing to evolve its technology solutions to help dispensary owners overcome common challenges.

 

About Terrayn

Terrayn is a key dispensary partner and problem-solver within the cannabis industry providing industry-leading data, customer acquisition, and technology solutions to solve common hurdles facing cannabis retail. Comprised of a high-performance team of industry thought-leaders who value turning insights into effective action, Terrayn’s streamlined solutions give dispensary owners the ability to view data and inputs across all operations in order for decisions to be made in the best interest of the business.

 

Media Contact:
Sam Coonrod[email protected], (785) 410-8619

 

This article was published by CFN Enterprises Inc. (OTCQB: CNFN), owner and operator of CFN Media, the industry’s leading agency and digital financial media network dedicated to the burgeoning CBD and legal cannabis industries. Call +1 (833) 420-CNFN for more information.

About Ryan Allway

Mr. Allway has over a decade of experience in the financial markets as both a private investor and financial journalist. He has been actively involved in the cannabis industry since its inception, covering public and private companies.


Network Partners

Follow Us on Social Media

About CFN Media Group

CFN Enterprises Inc. (OTCQB: CNFN) owns and operates CFN Media Group, the premier agency and financial media network reaching executives, entrepreneurs and consumers worldwide. Through its proprietary content creation, video library, and distribution via www.CannabisFN.com, CFN has built an extensive database of cannabis interest, assisting many of the world’s largest cannabis firms and CBD brands to build awareness and thrive. For more information, please visit www.cfnenterprisesinc.com.

Disclaimer: Matters discussed on this website contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. CFN Media Group, which owns CannabisFN, is not registered with any financial or securities regulatory authority and does not provide nor claims to provide investment advice or recommendations to readers of this release. CFN Media Group, which owns CannabisFN, may from time-to-time have a position in the securities mentioned herein and will increase or decrease such positions without notice. The Information contains forward-looking statements, i.e. statements or discussions that constitute predictions, expectations, beliefs, plans, estimates, or projections as indicated by such words as "expects", "will", "anticipates", and "estimates"; therefore, you should proceed with extreme caution in relying upon such statements and conduct a full investigation of the Information and the Profiled Issuer as well as any such forward-looking statements. Any forward looking statements we make in the Information are limited to the time period in which they are made, and we do not undertake to update forward looking statements that may change at any time; The Information is presented only as a brief "snapshot" of the Profiled Issuer and should only be used, at most, and if at all, as a starting point for you to conduct a thorough investigation of the Profiled Issuer and its securities and to consult your financial, legal or other adviser(s) and avail yourself of the filings and information that may be accessed at www.sec.gov, www.pinksheets.com, www.otcmarkets.com or other electronic sources, including: (a) reviewing SEC periodic reports (Forms 10-Q and 10-K), reports of material events (Form 8-K), insider reports (Forms 3, 4, 5 and Schedule 13D); (b) reviewing Information and Disclosure Statements and unaudited financial reports filed with the Pink Sheets or www.otcmarkets.com; (c) obtaining and reviewing publicly available information contained in commonlyknown search engines such as Google; and (d) consulting investment guides at www.sec.gov and www.finra.com. You should always be cognizant that the Profiled Issuers may not be current in their reporting obligations with the SEC and OTCMarkets and/or have negative signs at www.otcmarkets.com (See section below titled "Risks Related to the Profiled Issuers, which provides additional information pertaining thereto). For making specific investment decisions, readers should seek their own advice and that of their own professional advisers. CFN Media Group, which owns CannabisFN, may be compensated for its Services in the form of cash-based and/or equity-based compensation in the companies it writes about, or a combination of the two. For full disclosure, please visit: https://www.cannabisfn.com/legal-disclaimer/. A short time after we acquire the securities of the foregoing company, we may publish the (favorable) information about the issuer referenced above advising others, including you, to purchase; and while doing so, we may sell the securities we acquired. In addition, a third-party shareholder compensating us may sell his or her shares of the issuer while we are publishing favorable information about the issuer. Except for the historical information presented herein, matters discussed in this article contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. CFN Media Group, which owns CannabisFN, is not registered with any financial or securities regulatory authority, and does not provide nor claims to provide investment advice or recommendations to readers of this release. CFN Media Group, which owns CannabisFN, may from time to time have a position in the securities mentioned herein and will increase or decrease such positions without notice. For making specific investment decisions, readers should seek their own advice and that of their own professional advisers. CFN Media Group, which owns CannabisFN, may be compensated for its Services in the form of cash-based and/or equity- based compensation in the companies it writes about, or a combination of the two. For full disclosure please visit: https://www.cannabisfn.com/legal-disclaimer/.

Copyright © Accelerize Inc. · All Rights Reserved · Privacy Policy · Legal Disclaimer

loading