How to Prevent Cannabis Retail Fraud & How Cova Pay Canada Helps
By Dayna Van Buskirk on July 18, 2024
Every retail business is susceptible to fraud, and cannabis retail is no different. Fraud prevention gets even more challenging if you sell cannabis products online or process credit card transactions – or both.
Truth Be Told: Why Cannabis Retailers Return to Cova Software
By Dayna Van Buskirk on July 16, 2024
Cannabis retailers face stiff competition, and regulations aren’t getting any more relaxed. In crowded markets with strict marketing restrictions, boosting profit is challenging, so many retailers are looking for ways to cut costs and improve efficiency.
A Guide for Next Steps for Maryland Dispensary License Winners
By Dayna Van Buskirk on March 22, 2024
Maryland recently held a lottery for social equity applicants to receive one of 179 cannabis dispensary licenses. At over 1,500 eligible applicants, if you are one of the Maryland adult-use business license winners, congratulations — this is a once in a lifetime opportunity. Now the r …
How the Right Tech Stack Helps Lenox Hill Cannabis Co. Serve New York's Upper East Side
By Dayna Van Buskirk on February 22, 2024
Location, location, location. In retail, it determines the success of a business, and in the case of Lenox Hill Cannabis Co., is what guided and helped refine both their name and New York dispensary brand.
How to Transition from CBD Store to Recreational Cannabis Dispensary
By Dayna Van Buskirk on December 7, 2023
In the ever-evolving world of cannabis retail, transitions and expansions are common as regulations change and opportunities arise. Many CBD stores are now considering a transition to full-fledged cannabis recreational dispensaries as legalization spreads across the United States. Thi …
What is a Budtender? A Beginner's Guide to Becoming a Budtender
By Dayna Van Buskirk on November 10, 2023
Budtenders are retailer associates who work in licensed cannabis dispensaries. Their job is to assist customers, whether they're new to cannabis consumption or seasoned enthusiasts. In today's competitive job market, securing a job in the burgeoning cannabis industry can be quite chal …
Why the Right Cannabis Software Must Matter to You & Your Budtenders
By Dayna Van Buskirk on September 13, 2023
The landscape of the licensed cannabis industry in the United States has undergone significant changes in recent years as multiple states push forward with legalization efforts. In light of these ever-evolving laws and regulations, dispensaries face the challenge of providing a seamle …
Infographic:420 Sales Signal a Rebound with High Online Orders in 2021
By Dayna Van Buskirk on April 22, 2021
As we return to a certain semblance of normal after over a year of pandemic restrictions, the resilient cannabis industry celebrated a successful yet restrained 420 in 2021, with almost a 10% increase in average store traffic over 4/20 in 2020. But with cannabis enthusiasts returning …
How Cannabis Jacks Embraced a Low-Cost Operating Model to Boost the Bottom Line
By Dayna Van Buskirk on August 13, 2020
The new wave of cannabis retail experiences has become synonymous with shiny white countertops, glowing white lights and regrettably, too many SKUs to count. While the intention is to show off the expansive menu and ultimate knowledge of brands, in reality this is overwhelming to a cu …
Infographic: 420 Sales Numbers Reveal the Impact of Covid-19 on Cannabis Retail
By Dayna Van Buskirk on April 22, 2020
This year was always going to be a 4/20 to remember. Prior to the global pandemic, that was for very different reasons. 2020 promised a whole month of 4/20, extended celebrations, and hopefully record sales. Things were looking good for cannabis retail.
Congratulations to Missouri's Dispensary License Winners
By Dayna Van Buskirk on January 24, 2020
Missouri’s DHSS has announced the winners of the state’s first 192 marijuana dispensary facility licenses. Thousands of applicants competed for these approvals. Congratulations to the winners, and to Missouri for this step toward a successful cannabis industry.
How to Provide Click-and-Collect Cannabis Retail Services in Canada
By Dayna Van Buskirk on January 23, 2020
It’s no secret that over the past decade, ecommerce has grown to become an integral part of the retail industry. Just last April, total market share of online sales in the U.S. overtook general merchandise sales for the first time ever — yet another sign that consumers increasingly en …