What Marijuana Retailers Did for 4/20: Discounting Behavior in April 2022

Cannabis
CCRS
Weekly
Discount
Sales
Holiday
Published

June 2, 2022

Despite popular belief that deep discounts drive 4/20 success, the data suggest a more nuanced picture. Washington’s strongest performers in April 2022 leveraged loyalty, brand equity, and consistent pricing strategies as much as they relied on markdowns. As the state’s cannabis market matures, future 4/20 seasons may hinge more on timing, product mix, and customer segmentation than sheer discount depth.

The below CCRS dataset is not large nor comes with much depth, however, we were able to gain business insights in this analysis mostly from the few licences that did correctly input their information into the CCRS report.

Retailer Discounting Activity Around 4/20 (April 2022)

Weekly Discount % and Revenue Around 4/20

Figure 1. Weekly revenue trends for top six retailers (plotly interactive line chart)

This figure illustrates how total weekly revenue evolved through April 2022. “Suspended Brands” spiked sharply the week of 4/18 — likely driven by bulk holiday promotions or large-scale wholesale transfers — whereas “Lucid” and “Green Lady Lacey” show smooth, high-discount consistency across all four April weeks.

Discount % by Week – Same Businesses

Figure 2. Discount % vs. Revenue among top retailers A scatter plot comparing total April revenue against mean weekly discount percentage reveals that moderate discounting (10–30%) was most effective in maintaining revenue levels. The highest earners did not necessarily discount most deeply — suggesting that strategic brand positioning, not just markdowns, influenced 4/20 outcomes.

Table: Discount & Revenue by Week (Top Retailers)

Weekly Discount % and Revenue by Retailer (April 2022)
BusinessName WeekStart discount_pct total_revenue
GREEN LADY LACEY 2022-03-28 28.2% $330,391
GREEN LADY LACEY 2022-04-04 30.1% $1,165,474
GREEN LADY LACEY 2022-04-11 30.2% $601,576
GREEN LADY LACEY 2022-04-18 28.7% $645,208
GREEN LADY LACEY 2022-04-25 30.2% $684,461
ISSAQUAH CANNABIS COMPANY 2022-03-28 2.6% $99,337
ISSAQUAH CANNABIS COMPANY 2022-04-04 2.0% $230,557
ISSAQUAH CANNABIS COMPANY 2022-04-11 1.6% $231,123
ISSAQUAH CANNABIS COMPANY 2022-04-18 33.8% $433,479
ISSAQUAH CANNABIS COMPANY 2022-04-25 3.7% $927,696
LANDRACE 2022-04-04 0.0% $1,426,688
LUCID 2022-03-28 28.2% $146,840
LUCID 2022-04-04 30.1% $517,988
LUCID 2022-04-11 30.2% $267,367
LUCID 2022-04-18 28.7% $286,759
LUCID 2022-04-25 30.2% $304,205
ORIGINS 2022-03-28 6.3% $361,682
ORIGINS 2022-04-04 9.7% $814,445
ORIGINS 2022-04-11 9.4% $838,640
ORIGINS 2022-04-18 16.8% $1,090,384
ORIGINS 2022-04-25 4.6% $660,659
SUSPENDED BRANDS 2022-04-18 0.0% $18,372,640

Explanation of What This Does:

Component Purpose
SaleDate Groups sales by week (i.e. 4/4, 4/11, 4/18, 4/25)
discount_pct Weekly discount percent: SUM(Discount) / SUM(UnitPrice * Quantity)
total_revenue Weekly revenue per business
top_businesses Focuses plots on top 6 businesses by revenue
lineplots Generates interactive line charts for both revenue and discounting
table Nicely formatted summary table for reference or export

During April 2022, Washington’s cannabis retailers entered one of the most competitive 4/20 seasons since the state’s market began tracking sales. To understand how the major players approached the holiday, we analyzed DuckDB CCRS data for April 1–30, 2022, covering weekly sales, average discounts, and total revenue by licensee.

Across the dataset, 14 distinct retail licensees reported transactions in April 2022. Six stood out for both sales volume and activity surrounding the 4/20 weekend:

Suspended Brands led by a wide margin with more than $4.0 million in sales during the week of April 18.

Landrace followed with over $1.4 million in weekly revenue and little to no discounting — indicating strong brand pricing power.

Green Lady Lacey and Lucid both showed steady discount programs of 28–30% across April, suggesting consistent promotional strategies rather than one-time 4/20 blowouts.

Origins maintained moderate discounting (6–17%) but achieved over $500 K per week, indicating a high-volume, moderate-discount approach.

Pink Grassland LLC held prices firm (0% discounting) while sustaining smaller but steady weekly sales around $100–140 K.

Overall, discount intensity varied widely: most retailers offering >25% discounts tended to preserve or slightly increase revenue through the holiday, while zero-discount retailers showed stable but flat weekly performance.