Expansion into new markets Standard Wellness has been expanding its operations by opening new locations in states like Baltimore, Maryland, and acquiring a medical cannabis pharmacy in Utah. These expansions present sales opportunities to establish a presence in new markets and reach a wider customer base.

Product line diversity With product offerings such as The Standard and The Solid, Standard Wellness caters to a diverse range of cannabis users, from experienced connoisseurs to those seeking everyday options. Leveraging this diverse product line can lead to targeted sales strategies tailored to different customer segments.

Strategic partnerships Partnering with companies like Grön showcases Standard Wellness's collaborative approach to growth. These strategic partnerships can open doors for cross-selling opportunities, allowing access to new customer segments and potential market expansion.

Key personnel addition The recent appointment of Tiana Arriaga as Vice President of Product & Marketing indicates a focus on enhancing product offerings and marketing strategies. Leveraging the expertise of key personnel in sales initiatives can help drive innovative sales tactics and boost revenue generation.

Financial stability and growth With a revenue range of $10M - $50M and successful funding of $10 million in credit facility at a competitive rate, Standard Wellness demonstrates financial stability and potential for growth. This financial strength can provide a solid foundation for scaling sales operations and exploring new revenue streams.