Cannabis Industry Milestones & Regulation Changes in 2024
By Dayna Van Buskirk on Sep 9, 2024 11:06:36 AM
A wave of important industry milestones and legislative changes are making 2024 one of the biggest years for the cannabis regulatory landscape. And even though we’re only three quarters through, so much has happened that we need to look back at the progress the industry has made — and …
How Cannabis is Taxed in Canada - And the Future of Cannabis Taxation
By Harrison Jordan on Aug 2, 2024 12:56:05 PM
Cannabis produced and sold commercially in Canada is subject to tax and not an insignificant amount.
How to Prevent Cannabis Retail Fraud & How Cova Pay Canada Helps
By Dayna Van Buskirk on Jul 18, 2024 5:04:22 PM
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.
Truth Be Told: Why Cannabis Retailers Return to Cova Software
By Dayna Van Buskirk on Jul 16, 2024 9:34:09 AM
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.
Dispensary Spotlight: Setting New Trends in the NYC Cannabis Scene
By Faai Steuer on Jul 10, 2024 9:42:34 AM
New York's largest legal dispensary has a story to tell you..
CANNABIS XPRESS Expands: New Brunswick's Largest Cannabis Retailer Opens St. Andrews Store
By Faai Steuer on Jun 26, 2024 12:00:00 AM
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.
What Marijuana Rescheduling Means for the Cannabis Industry
By Gary Cohen on Jun 14, 2024 5:57:21 PM
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 …
The Role of Cannabis Business Insurance in Securing Finances and Mitigating Risk
By Roman Shvydun (Guest Blogger) on Jun 10, 2024 1:27:20 PM
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?
Dispensary Property Requirements: Why Cannabis Real Estate Varies So Much
By Sumer Thomas (Guest Author) on May 7, 2024 2:45:31 PM
As the cannabis industry continues to grow, unique challenges have emerged effecting businesses efficiently opening their doors, especially when it comes to real estate.
Navigating Cannabis Banking Challenges: Managing Cash Flow & Financial Transactions
By Roman Shvydun (Guest Blogger) on Apr 30, 2024 4:34:20 PM
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 …
420 Cannabis Retail Sales 2024 Infographic: How Much Dispensaries Made (And Lost)
By Faai Steuer on Apr 26, 2024 10:12:45 AM
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 …
How to Choose the Best Cannabis Payment Solution in 2024 (FAQ)
By Faai Steuer on Apr 15, 2024 6:01:43 PM
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.