SEATTLE, Nov. 15, 2016 /PRNewswire/ -- Seattle-based Cannabis Intelligence platform Headset announced today that it has been engaged by LivWell, one of Colorado's largest cannabis retail chains, to provide market insight and analytic tools to each of their fourteen locations.
Headset's tools will give LivWell the ability to operate more efficiently by achieving real-time visibility into the performance of their stores, down to the individual brand and product level. This data will assist their purchasing team with both managing vendors and controlling inventory whether they are in the office, or remotely via mobile capabilities. The analytics gathered by Headset's technology will also give LivWell a deeper understanding of the cannabis consumer, the overall cannabis market and will help vendors understand the market and where they should focus attention in product development.
"We are excited to be partnering with a market leader like LivWell to provide critical insights into their business," says Cy Scott Co-founder and CEO of Headset. "As retailers like LivWell continue to grow rapidly, the need for them to understand their data becomes critical to their success in such a highly competitive market. We look forward to honing our technology to support large-scale operations, where small optimizations can lead to significant revenue gains."
"Working with a leading technology provider like Headset, whose management team has years of experience building quality tools for the Cannabis industry, was the logical next step in the growth of our business," says Michael Lord, Director of Business Development at LivWell. "As one of the largest cannabis retailers in Colorado, we have been fortunate to accumulate a large amount of data and expertise. We believe Headset's platform will allow us to really dive deep into that data and get a greater understanding of our business and what has been driving our success."
This agreement is also part of Headset's national rollout of the platform as it brings its technology to all medical and adult-use Cannabis markets. For more information or to request a free demo of the Headset platform please visit www.headset.io