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.
12 Inspiring Cannabis Retail Instagram Accounts to Follow
By Faai Steuer on May 6, 2020
Instagram has exploded as an essential social media tool that can help you promote your brand and keep you connected to companies that offer the latest tech trends and industry insights your business needs to stay fresh.
Infographic: 420 Sales Numbers Reveal the Impact of Covid-19 on Cannabis Retail
By Dayna Van Buskirk on April 22, 2020
This year was always going to be a 4/20 to remember. Prior to the global pandemic, that was for very different reasons. 2020 promised a whole month of 4/20, extended celebrations, and hopefully record sales. Things were looking good for cannabis retail.
How to Integrate Your Website and POS for Online Ordering Success
By Faai Steuer on April 21, 2020
Ever since COVID-19 social distancing put the pinch on brick-and-mortar sales, online ordering has exploded in popularity. Some experts predict consumer preferences may shift permanently in favor of online cannabis ordering, so it’s important to roll out an online menu and integrate y …
The Time is Now to Start Your Cannabis Delivery Business
By Faai Steuer on March 26, 2020
Opening a marijuana delivery business has never looked more attractive — or necessary — for existing cannabis retailers. As consumers self-quarantine amid the COVID-19 pandemic, store owners foresee dwindling foot traffic.
How Online Ordering Can Keep Dispensary Employees & Customers Safe
By Faai Steuer on March 24, 2020
Please visit this page frequently. We will update with information as it becomes available. – March 26, 2020 The escalation of the COVID-19 outbreak in the North America has affected businesses across sectors and states, including cannabis dispensaries. The Centers for Disease Control …
How to Start a Click-and-Collect Cannabis Retail Program in Canada
By Gary Cohen on March 22, 2020
Please visit this page frequently. We will update with information from the provincial government as it becomes available. – March 22, 2020 As Canadian health officials urge social distancing amidst the COVID-19 outbreak, cannabis retailers face an uncertain future. Tuesday, Prime Min …