ACE Year in Review: Momentum, Growth, and the Future Ahead
As we reflect on the past year at ACE, it’s clear that it was a period of significant achievements and continuous momentum. Our commitment to revolutionizing cannabis retail through innovative solutions has not only been maintained but has flourished, with transactions flowing through our platforms at an increasing rate each month. Let’s dive into the highlights of what we’ve accomplished together this year and look forward to the exciting future ahead.
ACE DIRECT
Unprecedented Transaction Growth:
Consistent Monthly Increases: ACE has seen a consistent uptick in transaction volume in Colorado throughout the year. Evidence that consumers desire an automated and fast solution for retail transactions.
Avg Basket Size: The average basket size is about $5 less than those at traditional registers. This shows consumers will spend nearly the same amount at ACE as with a budtender.
Technological Innovations and Upgrades:
Product Enhancements: This year, we rolled out several updates to our cannabis vending machines, incorporating advanced features to ensure compliance across more states and enhancing user experience with intuitive interfaces and robust security measures.
Software Solutions: Our development team launched new software features designed to streamline operations for cannabis retailers, including improved POS integrations and inventory management tools, further fueling transaction growth.
Strategic Partnerships and Collaborations:
Industry Alliances: ACE forged key partnerships with leading players in the cannabis industry, enhancing our service offerings and extending our reach to new markets. These collaborations have driven our transaction volume and reinforced our market position with tech leaders in the industry.
Looking Ahead, The Future of ACE:
Innovation at the Core: As we move into the following year, innovation remains at the heart of our strategy. We are committed to continuously improving our technologies and services to meet the evolving needs of cannabis retailers and consumers.
Expanding Our Reach: Plans are already underway to expand into new markets, focusing on states with emerging cannabis retail sectors. This expansion is expected to accelerate our transaction growth further and solidify our industry leadership.
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Operations in other states means we should chat how ACE Direct can automate over 10% of your dispensary’s sales!
The past year has been a remarkable journey for ACE, marked by significant growth, technological advancements, and strengthened partnerships. The momentum we’ve built is only the beginning as we strive for excellence and innovation in the cannabis retail. We are grateful for the trust and support of our customers, partners, and the cannabis community, and we look forward to achieving new milestones together in the coming year.
Thank You!
A heartfelt thank you to everyone who has been a part of our journey this year. Your support fuels our passion and commitment to revolutionizing cannabis retail. Here’s to a future filled with growth, innovation, and success.