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

Cannabis
CCRS
Weekly
Discount
Sales
Holiday
Published

June 2, 2022

The Bottom Line Up Front 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.

Overview 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

The below illustrates how total weekly revenue evolved through April 2022.

Issaquah Cannabis Company revenue was up after the 4/20 holiday while Green Lady Lacey and Lucid maintained sales post-holiday, and Orgins peaked at $1.26 million revenue during the holiday week and reported 50% drop in sales for the last week of April.

(plotly interactive line chart - click/double click on a legend name to remove/isolate name)

Discount % by Week – Same Businesses

The below plot illustrates how total weekly discounting evolved through April 2022.

Issaquah Cannabis Company and and Origins implemented timely discounting while Lucid showed smooth, high-discount consistency across all four April weeks.

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% $403,811
GREEN LADY LACEY 2022-04-04 30.1% $1,424,468
GREEN LADY LACEY 2022-04-11 30.2% $735,259
GREEN LADY LACEY 2022-04-18 28.7% $788,588
GREEN LADY LACEY 2022-04-25 30.2% $836,564
HIGH MOUNTAIN GARDEN LLC 2022-04-04 0.0% $1,630,500
ISSAQUAH CANNABIS COMPANY 2022-03-28 2.6% $114,620
ISSAQUAH CANNABIS COMPANY 2022-04-04 2.0% $266,027
ISSAQUAH CANNABIS COMPANY 2022-04-11 1.6% $266,680
ISSAQUAH CANNABIS COMPANY 2022-04-18 33.8% $500,169
ISSAQUAH CANNABIS COMPANY 2022-04-25 3.7% $1,070,419
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% $417,325
ORIGINS 2022-04-04 9.7% $939,744
ORIGINS 2022-04-11 9.4% $967,662
ORIGINS 2022-04-18 16.8% $1,258,135
ORIGINS 2022-04-25 4.6% $762,299

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 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:

  • 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.

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

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