Cannabis Retail Blog

Cannabis Retail Year in Review: The Good, the Bad, and Everything In Between of 2019

By Faai Steuer on January 2, 2020

5 Questions to Ask Yourself Before  Opening a Marijuana Dispensary-1

As we look ahead to the possibilities for cannabis retail in 2020, it’s a good time to reflect on all that’s happened over the past 12 months. That’s why today, we’re taking a look back on 2019’s industry highlights from across U.S. and Canadian markets — the good, the bad, and everyt …

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Topics: Cannabis Retail

How to Choose a POS for Your Cannabis Delivery Business

By Gary Cohen on December 27, 2019

Cova-Cannabis-Delivery-POS

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.

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How to Open a Cannabis Retail Store in Ontario: New Provincial Rules for 2020

By Faai Steuer on December 19, 2019

Cova-Ontario-Cannabis-Retail-System

Despite being the most populous province in all of Canada, Ontario currently has one of the smallest cannabis retail footprints in the nation. But that could soon change following the Government of Ontario’s announcement that it will abandon the current lottery system in favor of an o …

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Topics: Cannabis Retail

7 New Year’s Resolutions for Cannabis Retail Business Success

By Faai Steuer on December 17, 2019

Cova-New-Goals-for-Cannabis-Retail

With just a couple of weeks remaining on the 2019 calendar, it’s time to start putting plans in place for 2020. And just as many people make New Year’s resolutions in their personal lives, it’s equally important to identify business goals — and resolve to take the actions necessary to …

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California Cannabis Tax Hike: What Retailers Need to Know

By Gary Cohen on December 10, 2019

California Cannabis Tax Hike

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 …

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Topics: Cannabis Retail

10 Tips to Boost Your Dispensary’s Bottom Line During the Holidays

By Faai Steuer on December 6, 2019

Cova-Cannabis-Retail-Holiday-Season-Tips

It’s that season again — the season of major consumer spending and general retail frenzy known as the holidays.

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Cannabis Edibles: A Guide to Product Equivalencies and Purchase Limits in Canada

By Faai Steuer on December 3, 2019

Cannabis Equivalencies and Purchase Limits in Canada

Following the recent launch of “Cannabis 2.0,” Canadian marijuana retailers are preparing to add edibles, extracts and topicals to their dispensary shelves — that is, once the 60-day review period imposed by Health Canada ends in mid-December.

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Vaping Crisis: How Retailers Can Ease Cannabis Customer Concerns

By Gary Cohen on November 26, 2019

Cova-Vaping-Crisis-Cannabis

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 …

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Topics: Cannabis Retail

Customer Story: The Green Room of California on Why They Came Back to Cova

By Dayna Van Buskirk on November 19, 2019

Cova-The-Green-Room-Case-Study

For the staff at The Green Room, the summer of 2018 was a hectic time. The boutique, dual-purpose dispensary — nestled on the coast of California’s famed Mendocino County — was preparing for the launch of adult-use sales, and management knew it was time to upgrade to a cannabis-specif …

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Topics: Customer Story

Customer Story: A First-Round Ontario Cannabis Lottery Winner Shares His Struggle for Retail Success

By Faai Steuer on November 13, 2019

Cova-Steven-Fry-Customer-Story

On the heels of Ontario’s second cannabis store lottery, 42 hopeful marijuana retailers are scrambling to complete their applications and open their doors as quickly as they can. And though the process for this second wave of licensing is rigorous, it pales in comparison to what the f …

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Topics: Customer Story

3 Reasons Why 52% of Alberta Cannabis Retailers Choose This POS Solution

By Gary Cohen on November 11, 2019

Cova-Alberta-Blog (1)

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 …

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Topics: Cannabis Retail

Canadian Cannabis Retail Benchmarks After One Year of Sales

By Faai Steuer on November 8, 2019

Cova-Canada-Cannabis-Stats

On October 17, 2019, Canada celebrated the first anniversary of the federal legalization of recreational cannabis. And while total first-year retail sales didn’t quite reach the levels that some anticipated, the industry has slowly but surely picked up momentum over the past few month …

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Topics: Canada