Main Street Marijuana is increasing its downtown and east Vancouver places, steps that co-owner Ramsey Hamide hopes will make room for quicker gross sales.
The downtown location, at 2314 Main St., is now increasing into the neighboring storefront that previously housed the vintage retailer Uptown Attic. The transfer provides 2,000 sq. ft to the store.
Meanwhile, the east Vancouver location at 16219 S.E. 12th St. will take over a three,400-square-foot storefront on the ground above.
Hamide stated the expansions will allow the shops to develop their showrooms whereas growing the dimensions of storage areas and worker relaxation areas. The shops have greater than 90 staff between them, he stated.
“Both (store locations) have continued to grow,” he stated. The two places are the primary and sixth top-selling marijuana retailers in Washington, combining for simply greater than $2 million in gross sales in February, in line with the marijuana business monitoring web site 502knowledge.com.
Hamide, who owns the shop together with his brother Adam, stated the secret is getting buyers what they want as shortly as potential. Marijuana flower continues to get cheaper, so including additional area will assist them add employees and course of gross sales extra shortly.
“If you look at revenues, it actually looks kind of flat. You’re not seeing that behind the scenes prices have fallen substantially, so to get that same (sales) we have to move a lot more units,” he stated.
Marijuana flower, the preferred leisure marijuana product out there, retails at lower than $7 per gram on common, together with excise tax, in accordance with representatives from the state Liquor and Cannabis Board.
“It’s a matter of supply and demand, and there’s plenty of supply,” stated Brian Smith, spokesman for the company.
The new area and a few further parking helps alleviate two massive issues for the Uptown Village location. Last August, Hamide stated it was attainable the enterprise would relocate due to the area scarcity and challenges with parking.
Main Street Marijuana has a 3rd location in Longview that was just lately reworked, as properly.