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Growth of recreational cannabis market slowed in first quarter of 2024

Recreational cannabis sales grew by 4.4% in the first quarter of 2024, half the rate of growth seen during the prior quarter. The post Growth of recreational cannabis market slowed in first quarter of 2024 appeared first on New Jersey Monitor.

The Boston Consulting Group (BCG) Matrix

The BCG Matrix, also called the Growth-Share Matrix, emerged as a reaction to the need for a scientific technique to assess a corporation’s several product services. Bruce Henderson, the founding father of the Boston Consulting Group, added the matrix in 1970. It aimed to offer a smooth but effective framework for studying an enterprise’s product portfolio and guiding strategic selections.

The Boston Consulting Group (BCG) Matrix

Imagine you have a provision shop where you sell many products. Or you offer different services to your target market. Or you have tried a few side hustles and now have to choose where to put in more of your limited resources. Maybe you have an established business and must…

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