Zinger Key Points
- Starting July 1, Cabbage Club will be available across 23 Zen Leaf dispensaries in five states, with plans to further expand.
- Members gain access to various perks including monthly store credits, seasonal coupons, members-only merchandise and more.
- Get Monthly Picks of Market's Fastest Movers
Cannabis company Verano Holdings Corp. is expanding Cabbage Club, its national cannabis membership program to Zen Leaf dispensaries in Connecticut, Maryland and Michigan. Starting July 1, Cabbage Club will be available across 23 Zen Leaf dispensaries in five states, with plans to further expand and scale additional game-changing benefits for members across the company's entire footprint.
"After beating early expectations in Illinois and New Jersey, introducing Cabbage Club to new consumers in three of the nation's leading cannabis markets further emphasizes our mission to differentiate and disrupt the retail landscape by providing a shopping and community experience unlike any other available in the category today," stated David Spreckman, Verano chief marketing officer.
Cabbage Club members at all tier levels gain access to exclusive perks including monthly store credits and seasonal coupons, members-only merchandise, early access to new product drops, a dedicated Member Appreciation Day, and VIP access to additional events. Furthermore, this membership provides private concierge services, line-skipping privileges, and warm cookies at checkout.
"We view Cabbage Club as a symbiotic relationship with our most loyal customers who recognize the value they receive through a trove of incentives, including monthly credits, early access to product releases, and priority in-store pickup," Spreckman continued."Under the backdrop of federal rescheduling and with several key states in our footprint preparing for pending or potential adult use transitions, including Florida, Ohio and Pennsylvania, we are excited to continue rolling out the green carpet and expanding the Cabbage Club community across our growing Zen Leaf and MÜV dispensary footprint.
Cabbage Club Highlights
Membership levels currently available under Cabbage Club include:
- Dime Membership ($149): $10 store credit applied to your account every month, plus $25 value in members-only seasonal coupons and additional surprise rewards – totaling $265 in annual cash value.
- Quarter Membership ($249): $20 store credit applied to your account every month, plus $50 value in members-only seasonal coupons and additional surprise rewards – totaling $440 in annual cash value.
Cabbage Club members can also be eligible for an invite into the Silver Dollar Club, a membership level that can't be joined, only earned. Membership expands on Dime and Quarter tiers by adding secret perks, only revealed to the very select few.
Price Action
Verano shares closed Tuesday’s market session 0.27% lower at $3.71 per share.
Photo: Courtesy of Michele Ursi via Shutterstock
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Cannabis is evolving – don’t get left behind!
Curious about what’s next for the industry and how to leverage California’s unique market?
Join top executives, policymakers, and investors at the Benzinga Cannabis Market Spotlight in Anaheim, CA, at the House of Blues on November 12. Dive deep into the latest strategies, investment trends, and brand insights that are shaping the future of cannabis!
Get your tickets now to secure your spot and avoid last-minute price hikes.