6 Things to Consider Before Starting Cannabis Delivery in Missouri
By Faai Steuer on September 21, 2020
When entrepreneurs are faced with a new opportunity, let alone a new industry entirely, they tend to fixate on the best-case scenario. If there’s even the possibility to add $25K a month to the business, most would obsess on turning that possibility to a reality without ever seriously …
How to Market & Sell Cannabis Gift Cards
By Faai Steuer on August 28, 2020
Sometimes, the best gift is the gift of choice. After all, cannabis products can be daunting to shop for in a gift-giving context. With everyone having their own specific tastes and looking for different effects in their cannabis experience, it’s easy to get lost in an endless sea of …
7 Tips to Drive Retail Traffic to Your Cannabis Store Grand Opening
By Faai Steuer on August 19, 2020
Retailers have long known that a grand opening event can be an incredibly effective way of boosting their retail traffic.Cannabis retailers, though, face a number of challenges when it comes to organizing events like these: they can’t give away free cannabis, and in some jurisdictions …
How Cannabis Jacks Embraced a Low-Cost Operating Model to Boost the Bottom Line
By Dayna Van Buskirk on August 13, 2020
The new wave of cannabis retail experiences has become synonymous with shiny white countertops, glowing white lights and regrettably, too many SKUs to count. While the intention is to show off the expansive menu and ultimate knowledge of brands, in reality this is overwhelming to a cu …
Steps You Can Take While Waiting for an Ontario Cannabis Retail Store Authorization
By James Manning on August 6, 2020
The Ontario cannabis retail market has come a long way since changes were announced in December 2019—in some ways. While there is certainly no love lost for the controversial lottery system of awarding retail licenses, cannabis entrepreneurs celebrating the open market and ample oppor …
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 …
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.