Cashless Payment Solutions to Overcome Cannabis Banking Challenges
By Gary Cohen on July 22, 2020
There remain some major challenges for cannabis retailers when it comes to finding reliable, secure banking providers, and that has robbed customers of the convenience of debit card processing.
Why Do Some Cannabis Dispensaries Fail While Others Succeed?
By Gary Cohen on June 18, 2020
Are you opening a dispensary or cannabis retail store? Or reassessing your current store to make it more profitable? If so, now’s the time to take a step back for an objective self-assessment.
7 Crash-and-Burn Mistakes in Cannabis Retail
By Gary Cohen on June 3, 2020
Successful cannabis retail goes beyond just winning the license. While 85% of cannabis retailers break even in their first year, many others fail, and most struggle to reach their full revenue potential.
COVID-19 Business Support Programs for Cannabis Companies in the United States
By Gary Cohen on April 17, 2020
As social distancing and the COVID-19 epidemic continues, many business owners will be facing the financial crunch that the virus is causing. The rapid speed in which the virus progressed has left many business owners scrambling to maintain the health of their company.
How to Start a Click-and-Collect Cannabis Retail Program in Canada
By Gary Cohen on March 22, 2020
Please visit this page frequently. We will update with information from the provincial government as it becomes available. – March 22, 2020 As Canadian health officials urge social distancing amidst the COVID-19 outbreak, cannabis retailers face an uncertain future. Tuesday, Prime Min …
How to Choose a POS for Your Cannabis Delivery Business
By Gary Cohen on December 27, 2019
More and more, retail delivery services are becoming a bigger part of the regulated cannabis landscape. It’s no wonder why — just like ordering food or clothes to your home, having cannabis delivered directly to your doorstep is a convenient alternative for many consumers.
California Cannabis Tax Hike: What Retailers Need to Know
By Gary Cohen on December 10, 2019
Since the launch of legal recreational cannabis sales two years ago, California consumers have felt the pinch of some of the highest marijuana tax rates in the country. And while many speculated that prices would fall as the industry got on its feet, the fact is that come New Year’s D …
Vaping Crisis: How Retailers Can Ease Cannabis Customer Concerns
By Gary Cohen on November 26, 2019
Of all the modern cannabis manifestations that have come to market over the past few years of legalization, vapable cannabis oil cartridges — or more simply, vape carts — have steadily risen in popularity among consumers. That is, right up until late August, when the first vape-relate …
3 Reasons Why 52% of Alberta Cannabis Retailers Choose This POS Solution
By Gary Cohen on November 11, 2019
When the Great White North officially legalized recreational cannabis in 2018, most folks expected British Columbia and Ontario to blaze the Canadian cannabis retail trail. After all, British Columbia has long been considered a world-wide cannabis capital, and Ontario holds the title …
What to Expect When Selling Cannabis Edibles in Canada
By Gary Cohen on October 16, 2019
With edibles set to officially become legal October 17, 2019, Canada’s booming cannabis industry is primed to get even bigger. The next phase of Canadian legalization will see multiple alternative cannabis products including edibles, infused beverages, topicals, tinctures, concentrate …
Michigan Marijuana Retail: 5 Things to Know Before You Open a Dispensary
By Gary Cohen on October 15, 2019
Michigan’s Marijuana Regulatory Agency (MRA) has announced it will begin accepting adult-use cannabis license applications beginning November 1, and businesses are preparing to get their piece of what’s projected to be a $1.4 billion market. But before the state authorizes you to sell …
Illinois Cannabis Retail Compliance Q & A: Top 5 Dispensary Questions Answered
By Gary Cohen on August 26, 2019
With a now permanent medical marijuana program in place and an adult-use market set to launch on New Year’s Day, Illinois is primed for a cannabis industry takeoff. As entrepreneurs across the state put the pieces in place for their budding ventures, it’s critical to address complianc …