Opening a marijuana dispensary is a task to be proud of, as any business is a labor of love and takes passion and persistence. You’ve probably spent endless hours creating your marketing plan, hiring an awesome team, and even installing creative signage. But when it comes to the day-to-day processes of your dispensary, do you have your systems in place?
Not only do you need a POS that helps with sales transactions and inventory, but you have specific requirements as a dispensary that can be time-consuming to complete if you don’t have the right tools. This is where a marijuana-specific POS can be your best friend. What do some of the top recommended cannabis dispensary pos software do for you? Let’s find out.
Compliance Made Easy
If you’re the owner of a dispensary, you probably dream about compliance regulations. It can be one of the most important parts of your business because if you’re out of compliance, you can lose your license and have your dreams go up in smoke.
Each state is a little bit different, but most areas require dispensaries to report to them on a regular basis. Dispensary operators must notify the state about their sales numbers either on a daily, weekly, or monthly basis. Imagine having to sit down and gather each and every receipt for the given period and adding it all up!
Not only is this a huge project to undergo, but there’s a good chance you might make an error in your calculations. Most, if not all, of the top rated software for dispensaries, offer this type of reporting, making your sales numbers easy to generate.
Stability in Your POS
We’ve all worked somewhere where the system goes down, and you can’t make any sales until things are fixed. While we’ve come to accept this as natural in our working environment, this isn’t something that a dispensary can tolerate. Not only do you need to retain all of your sales information for reporting purposes, but you need a system that can handle large amounts of traffic, even on 420.
Right now you might be asking yourself “do I need a POS to run a pot shop?” You might think it would be easier not to have to rely on a computer system that might go down at any moment, but marijuana-specific systems have their technology dialed in like a science; the benefits of using a POS far outweigh any fears about it crashing.
Keeping Track of Inventory
The marijuana industry is significantly more complex when it comes to inventory, more so than your average clothing shop or bookstore. The amount of product that comes in and out needs to be meticulously tracked, down to weighing and labeling each and every package.
Sometimes you might be out of a particular strain and need to order something else, meaning your list of products will always be growing. Thankfully, marijuana-specific POS systems are designed to handle this type of inventory management, making your job a lot easier.
More Benefits Await You
We’ve only touched the surface of how top rated software for dispensaries can give you an advantage in running your business. A marijuana-specific POS can save you an immense amount of time and also help to keep you in compliance while reducing the amount of work you have to do.
If you’re interested in learning more about how a POS specific to the marijuana industry can help you, request a demo and find out what cannabis dispensary pos software Cova has to offer.