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.
5 Must-Watch Marijuana Documentaries for Cannabis Entrepreneurs
By Faai Steuer on July 9, 2020
2020 has been a turbulent year, to say the least. If you’re feeling emotionally drained and generally bummed out, that’s totally normal. It’s been a tough year, emotionally, socially, and economically. However, for those who are in or looking to enter the cannabis industry, it’s not a …
10 Interview Questions to Ask a Cannabis Retail Manager
By Faai Steuer on July 2, 2020
Hiring a cannabis retail manager is a critical move that can seriously impact the direction your business takes. A good manager not only frees up your time to focus on ways to grow your business, they can be counted on to make the same smart and swift decisions you would regarding day …
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.
How Much Americans Are Spending on Cannabis in 2020
By Alan Wood on June 11, 2020
The popularity of cannabis in the U.S. has grown exponentially over the past few years. With its changing legalization status in many states, more and more people are seeking to try out the benefits of cannabis.
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.
7 Mistakes to Avoid When Hiring Budtenders & Cannabis Dispensary Staff
By Faai Steuer on May 26, 2020
As a dispensary owner, when you’re hiring budtenders, you’re placing your cannabis business in a stranger’s hands. The new employee will either help your brand or hinder it, impress your customers or drive them away. Moreover, new budtenders or employees at your marijuana dispensary w …
Cannabis Retail Security System: Why You Need One & What to Look For
By Jim Farrell on May 20, 2020
Social distancing measures have created a situation that is punishing for retail businesses that haven’t modernized fulfillment. For cannabis retailers still in their startup phase, it is doubly so. This new reality heightens your risks of theft, fraud, and slips that are susceptible …
Dispensary Standard Operating Procedures - A Cannabis Retailer’s Guide to SOPs
By Faai Steuer on May 12, 2020
Standard operating procedures (SOPs) are the documents and processes that keep companies compliant, efficient, and profitable. Yet many cannabis companies neglect to take full advantage of forward-thinking SOPs, leaving their documentation at the bare minimum required by regulators.
12 Inspiring Cannabis Retail Instagram Accounts to Follow
By Faai Steuer on May 6, 2020
Instagram has exploded as an essential social media tool that can help you promote your brand and keep you connected to companies that offer the latest tech trends and industry insights your business needs to stay fresh.
How Cova Helped Dutch Love Launch Cannabis Delivery Program in 24 Hours
By Faai Steuer on April 29, 2020
*Hobo Cannabis is now Dutch Love COVID-19 is rapidly changing how the cannabis industry does business, sending retailers scrambling for new ways to transact sales. Fortunately, online ordering and delivery services are sustaining their operations and proving to be more manageable — an …
Customer Story: Branding Drives Big Revenue & Record Transactions at Hobo Recreational
By Faai Steuer on April 27, 2020
It’s hard to cut through the noise and engineer a truly unforgettable cannabis brand — one that keeps customers coming back again and again.