Cannabis Retail Blog

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.

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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.

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Dispensary Spotlight: Setting New Trends in the NYC Cannabis Scene

By Faai Steuer on July 10, 2024

Cova & Canvas Cannabis Striving For Excellence

New York's largest legal dispensary has a story to tell you..

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CANNABIS XPRESS Expands: New Brunswick's Largest Cannabis Retailer Opens St. Andrews Store

By Faai Steuer on June 26, 2024

Cova & Canvas Cannabis Striving For Excellence

There’s a new cannabis retailer in St. Andrews – and it's celebrating with a massive grand opening event full of special deals and discounts.

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What Marijuana Rescheduling Means for the Cannabis Industry

By Gary Cohen on June 14, 2024

The steps now being taken to reschedule marijuana mark a transformative moment for the industry that will allow retailers to make real strides. This shift promises not only to revitalize businesses but also to reshape the regulatory landscape in profound ways. Here’s why the reschedul …

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The Role of Cannabis Business Insurance in Securing Finances and Mitigating Risk

By Roman Shvydun (Guest Blogger) on June 10, 2024

The cannabis industry is thriving, whether for medical, pharmaceutical, or recreational use. However, this sector also comes with some legal and financial risks. What better way to avoid them than to get cannabis business insurance?

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Topics: Cannabis Retail

Dispensary Property Requirements: Why Cannabis Real Estate Varies So Much

By Sumer Thomas (Guest Author) on May 7, 2024

As the cannabis industry continues to grow, unique challenges have emerged effecting businesses efficiently opening their doors, especially when it comes to real estate.

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Topics: Cannabis Retail

Navigating Cannabis Banking Challenges: Managing Cash Flow & Financial Transactions

By Roman Shvydun (Guest Blogger) on April 30, 2024

The cannabis industry continues to experience a huge roadblock when it comes to banking and facilitating financial transactions. Despite the popularity and rapid growth of the cannabis industry in the United States, as evidenced by more and more states legalizing its use and possessio …

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Topics: Cannabis Retail

420 Cannabis Retail Sales 2024 Infographic: How Much Dispensaries Made (And Lost)

By Faai Steuer on April 26, 2024

420 Cannabis Sales & Profits Infographic 2023 by Cova Software

For the first time in half a decade, the biggest cannabis holiday of the year fell on a Saturday in 2024 – and the 420 sales numbers did not disappoint. But the day wasn’t without its challenges. Cannabis retailers using Dutchie POS systems struggled with outages that left them unable …

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How to Choose the Best Cannabis Payment Solution in 2024 (FAQ)

By Faai Steuer on April 15, 2024

PIN Debit is the most secure solution for Cannabis Digital Payments

Choosing which payment solution to invest in is a big decision with an even bigger impact on your cannabis dispensary. The decision isn’t helped by the fact that the cannabis industry is constantly evolving, and so is the technology used for processing transactions.

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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 …

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Topics: Cannabis Retail

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.

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