How Illinois Dispensary Uses POS Data to Optimize and Scale Operations
By Faai Steuer on August 12, 2021
Cannabis dispensary operations are a wealth of lucrative data insights that can help optimize operations and increase profitability. Most business data is readily available via your cannabis POS system, but very few dispensaries use it to improve decision-making. Data analytics, if do …
7 Mistakes That Can Ruin Your Cannabis Retail Business
By Gary Cohen on July 16, 2021
Cannabis retail is evolving at different speeds across North America. While some states have mature, competitive markets, others are just opening their doors—meaning timelines, regulations, and best practices can vary widely. With no universal playbook, many new dispensaries are learn …
7 Cannabis Dispensaries That Are Crushing It On Social Media
By Faai Steuer on June 15, 2021
As a retailer looking at connecting directly with potential customers and building your cannabis brand, you must have a presence on social media in this digital era. And although social media platforms like Facebook and Instagram impose restrictions on cannabis promotions, and it is c …
7 Key Considerations When Choosing a Cannabis Dispensary POS System
By Faai Steuer on May 17, 2021
Canada's cannabis industry has witnessed tremendous success since federal legalization in 2018. In the US, 35 states authorize the use of medical cannabis, and 17 of them have now allowed recreational marijuana consumption. Potential dispensary owners must keep in mind that the cannab …
The Rise of Farmgate Cannabis Retail in Canada: All You Need to Know
By Faai Steuer on May 11, 2021
The cannabis industry in Canada is on the verge of another revolution- conscious cannabis consumers are increasingly looking to buy locally grown products as they increase their knowledge about the plant, the companies producing it, and what their brands stand for. Opening a farmgate …
How to Open and Run a Cannabis Dispensary in New Jersey
By Gary Cohen on April 30, 2021
Recreational or adult-use cannabis became legal in New Jersey on Jan 1, 2021, after the ‘Marijuana Legalization Amendment’ was approved by voters during the general elections in November 2020. The New Jersey cannabis bill was signed into law on February 22, 2021, and the Cannabis Regu …
Infographic:420 Sales Signal a Rebound with High Online Orders in 2021
By Dayna Van Buskirk on April 22, 2021
As we return to a certain semblance of normal after over a year of pandemic restrictions, the resilient cannabis industry celebrated a successful yet restrained 420 in 2021, with almost a 10% increase in average store traffic over 4/20 in 2020. But with cannabis enthusiasts returning …
How Much Does it Cost to Open a Cannabis Dispensary in New Jersey?
By Gary Cohen on April 14, 2021
New Jersey’s newly formed Cannabis Regulatory Commission met for the first time on April 12, 2021, to start the process of establishing a responsible, fair, and equitable cannabis industry in New Jersey. Initial cannabis regulations were released on August 19, 2021, and will empower t …
A Dispensary's Guide to Making 420 Your Best Business Day in 2021
By Faai Steuer on March 17, 2021
Cannabis enthusiasts and advocates worldwide will be lighting up in appreciation of marijuana on April 20, and although 420 will still be quite different in 2021 because of the pandemic, it is certain that celebrations will be burning brighter in states where recreational use is legal …
How to Start Selling Gift Cards at Your Cannabis Dispensary
By Faai Steuer on March 1, 2021
Implementing a cannabis gift card program is a great way to increase brand recognition and an opportunity to generate new customers for your marijuana dispensary. Research has shown that if these small pieces of plastic are incorporated strategically into your cannabis business operat …
5 Cannabis Organizations and Consultants in Ontario You Should Know
By Faai Steuer on February 22, 2021
Ontario is Canada’s largest recreational cannabis market, and yet, it has only 430 cannabis dispensaries open versus almost 600 cannabis retail stores in Alberta, whose population is less than 1/3rd of Ontario’s. Ontario cannabis retail industry needs to up its game soon to meet the b …
7 Ways to Make Your Cannabis Retail Business More Profitable
By Faai Steuer on February 15, 2021
Ask any profitable cannabis retail owner what it takes to succeed and they’ll tell you: You’ve got to have a flow of customers regularly purchasing products. And in this day and age, in-store sales alone won’t cut it. In today’s environment, you need an omnichannel sales strategy that …