Jane Technologies has announced its rewards programme, Jane Gold, has distributed over $1 million in cash back to cannabis shoppers since its beta launch. The programme represents the industry's first brand-funded rewards system operating across a national dispensary network. Jane Gold participants have purchased more than 250,000 items, totalling $7.5 million in spending. Shoppers spend 57% more per transaction when redeeming offers compared to purchases without rewards. The programme has generated $1.1 million in incremental sales for brands and $3.5 million for nearly 1,000 participating retailers. Currently operating across 10 US markets, Jane Gold uses patented technology to enable secure bank-to-bank cash transfers from brands to consumers. The platform allows brands to target specific customer segments whilst protecting dispensary margins and maintaining compliance.

Jane Gold connects consumers, brands, and dispensaries for exclusive rewards and cash-back opportunitiesSANTA CRUZ, Calif., March 26, 2024 /PRNewswire/ -- Jane Technologies, Inc. ("Jane"), the cannabis industry's leading e-commerce provider, today announced Jane Gold , a first-of-its-kind consumer rewards program built to benefit the entire industry ecosystem. This patented technology allows cannabis brands that cannot ship direct-to-consumer the ability to provide exclusive cash-back rewards to consumers across Jane's dispensary partner network.Jane Gold rewards consumers with brand-sponsored cash back.Jane Gold makes getting cash back on cannabis purchases simple and personalized. By joining for free, consumers qualify to earn exclusive cash back from their favorite brands, discovering new and beloved products with a customized experience. Jane Gold enables consumers to quickly and securely link their bank accounts to receive cash-back rebates directly from the brands, without having to burden the dispensary. It is worth noting that due to current regulations, these bank-to-bank (or ACH) transfers are the only legal way to complete cashless cannabis transactions in the industry today.Brands that participated in the beta launch of the Jane Gold program saw an average increase of 7% in overall sales, with 60% of those sales coming from first-time shoppers