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 …
5 Considerations When Hiring a California Cannabis Consultant (Plus 2 Warning Signs)
By Faai Steuer on October 25, 2018
In the span of roughly six years, we’ve witnessed the birth and meteoric rise of a new industry. The rate at which cannabis legalization has spread across North America is nothing short of amazing, and a clear indication of this incredible plant’s very bright future.
How to Open A Cannabis Store in Canada
By Faai Steuer on October 23, 2018
On October 17, Canada officially became the first G7 nation and the second country in the world to usher in legalized recreational cannabis, marking a history-making shift in the evolving legalization landscape. And Canada’s green injection is forecast to be a huge boost for its econo …
How to Attract Tourists to Your Canadian Retail Cannabis Store
By Faai Steuer on October 16, 2018
Tourism is on the rise in Canada. 2017 was a landmark year with nearly 21 million visitors making the trip, breaking the 2002 record of 20.1 million. And now that non-medical cannabis is legal in Canada, it’s likely many tourists will recreationally indulge during their stay. Cannabis …
How Manitoba Cannabis Retailers Can Remain Compliant
By Faai Steuer on October 4, 2018
The country of Canada is waiting with baited breath for October 17, the scheduled opening date for legal non-medical cannabis. In preparation, the Liquor, Gaming, and Cannabis Authority (LGCA) in Manitoba recently passed provincial cannabis retailer regulations.
How to Enforce Canada's Cannabis Purchase Limits at Your Retail Operation
By Dave Emmett on October 3, 2018
As Canadian citizens celebrate the passage of Bill C-45 and look forward to the start of legal recreational cannabis sales in October, Canadian cannabis retail shop owners are making preparations to ensure their operations are up, running and compliant with new federal and provincial …
How to Find the Right Cannabis Retail Location in Alberta
By Faai Steuer on October 2, 2018
With the start of legal non-medical cannabis sales less than one month away, Canadian entrepreneurs everywhere are looking for their way into the budding industry. And for many, cannabis retail is a very viable option.
How Cova POS Addresses Alberta's Compliance and Reporting Requirements
By Faai Steuer on September 28, 2018
When opening a retail cannabis store in Alberta, there are many moving parts and regulations to consider. Retailers can cut down on compliance risks by choosing a point of sale (POS) and inventory management system that can track inventory, transactions, and securely store data, all w …
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.