Marijuana Business Magazine - Issue 09, Oct 2017

Macias didn’t want to raise prices, she sought ways to cut costs and maximize her dollars. One way she does so is by buying ancillary products, like packag- ing and glassware accessories, in bulk. For example, Macias said she can forecast up to three months in advance her supply needs for product packaging, which she sources from California- based Marijuana Packaging.That three- month bulk purchase of about 6,000 units saves National Holistic 5-10 cents per unit on packaging. “That cost savings adds up,”Macias said. Macias also gets bulk-purchasing dis- counts from companies like Florida-based Greenlane – owner of the largest vapor- izer distributor in North America, Vape- World – and Maryland-based Cannaline, which makes glass jars for cannabis. “These are savings that we can pass A sampling of National Holistic Healing Center's medical marijuana topicals. October 2017 • Marijuana Business Magazine • 67