Cannabis glossary

POS stands for 'Point of Sale', which refers to the place where retail transactions are completed.

Price per gram refers to the cost of one gram of cannabis, commonly seen on store menus and online listings.

Price per mg THC is a cost metric for cannabis products calculated by dividing the price by the total milligrams of THC.

A processor in the cannabis industry transforms raw cannabis into products like edibles, concentrates, and packaged flower.

A product recall is a process of removing defective or unsafe cannabis products from the market to ensure consumer safety.

A retailer is a licensed business that sells cannabis products directly to consumers.

A returns policy outlines the conditions under which customers can return products to a retailer.

Same-day delivery is a service that allows customers to receive their cannabis products on the same day they place their order.

A service area refers to a specific geographical region where cannabis-related services like retail or delivery are available.

Tipping is the act of giving a gratuity, usually in the form of money, for services received in the retail and delivery sectors.