How to Use Technology to Turn Your Budtenders Into Cannabis Sommeliers
By Gary Cohen on April 2, 2019
Let’s face it: when it comes to retail, the greatest single factor between a positive experience and a negative one is the frontline staff. Customer service representatives are the heart and soul of any retail outfit, and along with being friendly, outgoing, and eager to assist, they …
How Cova’s Integrations and Strategic Partnerships Benefit Cannabis Retailers
By Gary Cohen on March 14, 2019
In today’s digital-driven marketplace, shoppers have come to expect a lot from retail brands. They want the freedom to browse and purchase online, in-store, or through a combination of the two — which is why an omnichannel retail strategy is so important these days.
How to Manage Cash at a Cannabis Retail Store
By Gary Cohen on February 14, 2019
North America’s legal cannabis market is estimated to rake in $20.2 billion by 2021. And most of that money will come in the form of cold, hard cash. Every year and all over the United States, millions of dollars arrive at state tax offices delivered by dispensary owners, some of whom …
How to Prepare for Ontario's Retail Cannabis Application (Free Guide Inside)
By Gary Cohen on January 11, 2019
Ontario is set to become yet another Canadian province to fully embrace federal cannabis legalization. Retail cannabis stores are scheduled to open in April 2019. Ahead of this monumental step, the provincial government recently released information on how to apply for a cannabis reta …
8 Common Inventory Management Questions for California Cannabis Retailers
By Gary Cohen on December 28, 2018
California debuted the state’s Adult Use cannabis program in early 2018, ushering in a new era for one of the largest cannabis economies in the world. But with market growth comes something a little less exciting: new inventory management requirements for cannabis retailers.
What is Looping in Cannabis Retail and How Can I Prevent It?
By Gary Cohen on November 14, 2018
At Cova, we understand that legal cannabis compliance is likely the top concern of any dispensary owner or investor. As we have said many times before, “No license equals no business”.
8 Cannabis Compliance Issues for Cannabis Dispensary Retailers
By Gary Cohen on November 6, 2018
It’s true that we’ve seen progress socially and politically for legalization, but the struggle to keep cannabis retail stores free from legal scrutiny is still an uphill battle.
12 Canadian Cannabis Retailers to Keep on Your Radar
By Gary Cohen on November 1, 2018
In the same way that diners seek out certain restaurants for a particular type of experience — maybe a romantic setting, or a place to let their kids throw food at each other, or a menu that targets a specific diet — so do cannabis consumers search for a dispensary that meets their ne …
Dispensary Profit Margins and Falling Cannabis Prices
By Gary Cohen on October 30, 2018
Dispensary owners often find themselves in a difficult position when it comes to properly setting the prices on their products. Supply and demand fluctuate far more dramatically than in many other industries, new legal regulations can suddenly manifest which require significant compli …
How to Protect Your Cannabis Retail Data in Canada
By Gary Cohen on September 6, 2018
Security is a primary concern for any business — and cannabis retail is no different. Of course, the physical security of your dispensary is one aspect of this, and in the past we’ve discussed ways to prevent internal theft and fraud at your retail cannabis operation.
How to Prepare for Cannabis Retail in Ontario
By Gary Cohen on August 28, 2018
Non-medical cannabis sales in Canada are underway. However, in Ontario, the only retail option available to residents is the online Ontario Cannabis Store.
Why Your Retail POS Should Integrate With A Cannabis Tracking System
By Gary Cohen on August 14, 2018
Over the past few years, “seed-to-sale” has become a cannabis industry buzzword found in everything from company slogans to official legislative language. The fact is, though, that cannabis traceability plays a critical role in consumer safety and protection as well as preventing dive …