5 Ways to Grow your Cannabis Retail Business During Covid-19
By Faai Steuer on December 9, 2020
The Covid-19 pandemic has already rewritten the rules of retail, and cannabis businesses must adapt as well to keep afloat and rise above the competition in these strange times. The legal cannabis industry has not been around for long, and many budding entrepreneurs may be dissuaded b …
How to Build the Best Social Media Strategy for your Cannabis Retail Store
By Faai Steuer on December 3, 2020
Social media is undoubtedly the most powerful and cost-effective tool to promote your cannabis retail business, engage with your target market, and build brand awareness. In today’s era of instant communication, where people are continually connected online, social media allows you to …
Performing an Inventory Audit for Cannabis Retail in 5 Easy Steps
By Faai Steuer on November 16, 2020
Do you want to maximize your profits and reduce shrinkage? Or perhaps empower your budtenders? Some of the most important data points for both goals will be revealed during the process of performing an inventory audit if you can do so regularly and in an efficient manner. Let us not f …
A Complete Guide to Cannabis Inventory Valuation and Costing Methods
By Faai Steuer on November 5, 2020
How to Leverage Cannabis Discounting and Promotional Offers for Your Dispensary
By Faai Steuer on October 26, 2020
Consumers of all kinds are always hunting for good deals and discounts on products, and legal cannabis is no different. Cannabis products tend to have a lingering reputation of being too expensive for recreational consumers that are used to grey-market pricing. The combination of thes …
Legalization Infographic: 2-Year Timeline of Canadian Cannabis Milestones
By Faai Steuer on October 14, 2020
October 17th is the anniversary of a unique day in Canada - it marks exactly two years since the Cannabis Act came into effect, and ushered in a new and unprecedented era legitimizing cannabis retail on a national scale.
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 …