Nabis Expands Retail Partnerships, Redefining Cannabis Wholesaling with Innovation in Tech and Distribution
Nabis, a leading licensed wholesale platform in the cannabis industry, is taking a monumental step forward in cannabis supply chain management by integrating retail partnerships into its expanding ecosystem. The wholesale pioneer is enhancing its services with two significant collaborations: a tech integration partnership with Dutchie, the industry’s most widely used point-of-sale platform, and a centralized distribution solution for Embarc, one of California’s fastest-growing cannabis retailers. These partnerships mark a major milestone for Nabis, reinforcing its commitment to transforming the cannabis retail and wholesale landscape.
Since its inception in California in 2017, Nabis has been dedicated to solving complex wholesale distribution challenges in the cannabis industry. The addition of retail partnerships further strengthens its role as an innovator in the space, paving the way for the company’s upcoming expansion into New York and Nevada in 2024.
Tech Integration with Dutchie: Empowering Retailers with Smart Solutions
One of the key elements of Nabis’ new direction involves its partnership with Dutchie, a platform trusted by thousands of cannabis retailers for its point-of-sale (POS) technology. This collaboration is a game-changer for retailers, providing them with an integrated solution that streamlines purchasing, inventory management, and decision-making through real-time data and analytics. By combining Dutchie’s POS system with Nabis’ wholesale marketplace, this partnership introduces a new level of convenience for cannabis retailers by offering tools that provide insights into inventory levels, demand forecasts, and pricing strategies.
The integration will equip retailers with a suite of advanced features such as automated order suggestions, custom pricing insights, and market analysis tools. These innovations will not only help retailers improve their product management but will also create a more efficient, data-driven approach to managing inventory and meeting customer demand.
Tim Barash, CEO of Dutchie, highlights the significance of this collaboration: “The cannabis retail landscape is constantly evolving, and the ability to adapt quickly to market demands is crucial for retailers. This partnership is all about giving retailers the data and tools they need to remain competitive and efficient in an otherwise unpredictable industry.”
By enhancing the way retailers interact with their inventory, Nabis and Dutchie are setting a new standard in the cannabis market, empowering businesses to remain nimble, responsive, and competitive in an increasingly complex and dynamic environment.
Centralized Distribution Solution with Embarc: Streamlining Supply Chains
Beyond the tech partnership, Nabis is also taking on the challenge of distribution with its collaboration with Embarc, a rapidly growing cannabis retailer in California. One of the persistent issues facing multi-location cannabis retailers is the complexity of managing product deliveries across several sites. Traditionally, each retail location has required separate deliveries, leading to inefficiencies and higher costs.
Nabis is addressing this challenge with its new centralized distribution solution. Under this model, Embarc and other retailers will be able to consolidate their inventory in one centralized storage facility, significantly simplifying the distribution process. Nabis operates a 150,000-square-foot warehouse and a fleet of over 100 vehicles that will ensure timely, efficient deliveries to retail locations, reducing logistical challenges and cutting transportation costs.
Jason Pitts, President of Supply Chain for Embarc, comments on the impact of this solution: “We need a solution that allows our brand partners to scale with us in a way that does not overburden their distribution infrastructure. Nabis’ centralized distribution solution creates operational efficiency for us and our brands while allowing our in-store teams to focus on maximizing the customer experience.
By streamlining the distribution process, Nabis not only helps retailers improve their operational efficiency but also supports them in providing a better customer experience. The centralized hub model allows for faster, more predictable deliveries, while freeing up resources to be used more effectively elsewhere in the business. This solution will play a vital role as the cannabis market continues to evolve and grow, providing a scalable, adaptable infrastructure for retailers and distributors alike.
Aggregated Purchasing and Automation: A Smarter Way to Buy
In addition to its tech integration and distribution solutions, Nabis is also focusing on helping retailers manage their purchasing processes more efficiently. Nabis’ services will allow retailers to aggregate their purchasing partners and automate buying processes. This automation will help ensure that retailers maintain a diverse product offering while still keeping pace with market demand.
As the cannabis market faces constant fluctuations in supply and demand, the ability to adapt and make smart purchasing decisions is critical. Nabis’ automated buying system will enable retailers to react quickly to market changes, ensuring they are always stocked with the products their customers want. The system also offers customized options for buying, helping businesses maintain variety while managing inventory more effectively.
Shaping the Future of Cannabis Supply Chains
Nabis’ new partnerships represent a significant shift in how cannabis supply chains operate. By combining technology, distribution, and purchasing automation, the company is setting the stage for a more cohesive, efficient cannabis market. These innovations are particularly valuable in a rapidly changing industry, where businesses must be able to adapt quickly to shifting consumer demands and regulatory challenges.
As the cannabis market matures, companies that can offer comprehensive, scalable solutions for businesses at every stage of the supply chain will become increasingly vital. Nabis is positioning itself as a key player in this transformation, offering tools that enhance collaboration, improve efficiency, and foster growth across the industry.
The strategic partnerships with Dutchie and Embarc are only the beginning for Nabis. With plans to expand its operations into new markets such as New York and Nevada, the company is continuing to drive forward-thinking solutions that can support the continued growth and success of the cannabis industry.
Vince C. Ning, Co-CEO and Co-Founder of Nabis, summed up the company’s vision for the future: “We see this expansion in our services not only as a collective investment in the digital and operational infrastructure of the future of cannabis retail and its community, but also as a shared vision of elevating the industry’s standards and business practices across the board.”
Nabis is clearly setting the stage for the next phase of cannabis industry innovation. By integrating retail partnerships, offering cutting-edge tech solutions, and streamlining distribution channels, Nabis is paving the way for a more efficient, scalable, and sustainable cannabis supply chain. As the industry continues to grow, Nabis’ forward-thinking approach will be crucial in shaping the future of cannabis wholesaling.
