Leaf Traders have set up the first self-service open market for qualitative cannabis and hemp market research surveys.
Launched two days ago, the Cannabis Survey Marketplace (CSM) offers monetary incentives for users to complete live surveys on cannabis and hemp B2C and B2B.
Brad Basar, the Founder and Chief Executive of the platform, stated that the intention was to offer the producers in the cannabis and hemp industry online consumer data and opinions.
The platform is an ideal replacement for the current costly and outdated data market since it offers up-to-date and real-time data at a subsidized cost. A survey in the industry costs between $5,000 and $15,000 while a CSM survey involving 200 respondents cost $600 only.
CSM provides a platform for users to create and post custom surveys in a range of formats and configurations while tending to any research issue concerning cannabis and hemp.
The North American cannabis market is expected to grow to $35 billion by 2023 from the $8 billion mark set in 2017.