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 …
Managed Services vs The DIY Model: Choosing a Retail Model For Your Business (Part 3)
By Faai Steuer on October 6, 2020
This is the third and final instalment of a series. You can read part one here, and part two here.
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 …
4 Ways to Market Your Cannabis Dispensary Online
By Faai Steuer on September 10, 2020
Today more than ever, the business of cannabis continues to become more popular and saturated and therefore, more competitive. This is made more complex with the current state of business and the economy - social media and digital channels were once supplemental to your physical and t …
10 Interview Questions to Ask a Cannabis Retail Manager
By Faai Steuer on July 2, 2020
Hiring a cannabis retail manager is a critical move that can seriously impact the direction your business takes. A good manager not only frees up your time to focus on ways to grow your business, they can be counted on to make the same smart and swift decisions you would regarding day …
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.
How Cova Helped Dutch Love Launch Cannabis Delivery Program in 24 Hours
By Faai Steuer on April 29, 2020
*Hobo Cannabis is now Dutch Love COVID-19 is rapidly changing how the cannabis industry does business, sending retailers scrambling for new ways to transact sales. Fortunately, online ordering and delivery services are sustaining their operations and proving to be more manageable — an …
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.