blog
CBD and Vape Sales Rise: C-Store Opportunities & Security
CBD and Vape Sales Rise: C-Store Opportunities & Security
CBD and Vape Product Sales on the Rise: Opportunities for C-Stores
The CBD and vape industries are experiencing significant growth, creating new revenue opportunities for convenience stores. With the CBD market projected to surpass $20 billion in the coming years and vaping products continuing to gain popularity, many c-stores, smoke shops, and vape shops are expanding their product offerings to meet rising consumer demand. From CBD oils and edibles to vape pens and flavored e-cigarettes, adding these alternative products can diversify a store’s offerings and attract more health-conscious customers.
The increased interest in cannabidiol products (CBD) is driven by the growing acceptance of CBD for wellness and smoking cessation. Customers are turning to CBD-infused beverages and other CBD products as alternatives to traditional tobacco products. Similarly, electronic nicotine delivery systems (ENDS), including e-cigarettes and vape accessories, are popular among those looking for alternatives to cigarette smoke. Despite regulatory challenges from the Food and Drug Administration (FDA) surrounding flavored e-cigarettes and tobacco products, the demand for these items remains strong.
For c-stores, this presents a chance to not only boost sales but also increase foot traffic by catering to evolving customer preferences. However, with valuable products like CBD oils and vape pens, stores may face higher risks of theft, both from consumers and employees.
How to Safeguard Your Investment
With the rising value of CBD and vape products, theft prevention is crucial. Investing in surveillance management services can help prevent losses. Solutions like real-time video monitoring, transaction monitoring, and integrated systems can reduce employee theft and deter shoplifting. By keeping a close eye on high-value items, c-stores can protect their bottom line while capitalizing on the growing demand for CBD and vape products.