How to Apply and Win a Dispensary License in Missouri (Free Guide Inside)
By Gary Cohen on Jul 18, 2019 12:00:00 AM
Medical cannabis legalization is sweeping through states some onlookers never thought possible. Missouri, a state that many cannabis activists never saw as a fertile ground for legalization, is turning the lights on a medical marijuana program in a few short months -- a true testament …
Michigan Cannabis Dispensary Q & A: Top 5 Compliance Questions Answered
By Gary Cohen on Jul 16, 2019 12:00:00 AM
As the Great Lakes State prepares for the start of recreational cannabis sales, it’s critical for retailers to ensure they’re fully compliant with the marijuana dispensary regulations in Michigan.
7 Things to Look For in a Seed-To-Sale Compliant POS in Missouri
By Gary Cohen on Jul 5, 2019 12:00:00 AM
You put a lot of hard work into earning a dispensary license, and now that you’ve got the green light, you’ll need to find the right POS partner. It’s vital you pick a point-of-sale that meets all DHSS seed-to-sale regulations, one that helps you prevent diversion of product into the …
How to Choose a Seed-to-Sale Compliant POS for Your Michigan Dispensary
By Gary Cohen on Jun 25, 2019 12:00:00 AM
Following the legalization of recreational sales in late 2018, lawmakers are busily writing the regulations that will govern Michigan’s adult-use cannabis market. Naturally, a major aspect of regulation is the tracking of all cannabis product as it moves through the supply chain — whi …
How to Reduce Your Cannabis Tax in Ontario
By Gary Cohen on Jun 20, 2019 12:00:00 AM
The cannabis store tax in Canada can add a pretty penny to your customer's total purchase. In Ontario, there is a Harmonized Sales Tax (HST) that adds a 13 percent fee on virtually all products, cannabis included. But there are HST exemptions for certain populations in Ontario so long …
10 Need-to-Knows Before Leasing Dispensary Property
By Gary Cohen on Apr 30, 2019 12:00:00 AM
Signing a property lease for a cannabis retail location is a major investment and business decision. Don't take it lightly! There are a few strategic choices you should carefully review and make sure you have fully considered before you commit.
5 Tax Tips for Cannabis Retail Businesses
By Gary Cohen on Apr 12, 2019 12:00:00 AM
Americans are gearing up for Tax Day, a day that always seems to come too soon. This time of year is a stressful season for most business owners, but for cannabis businesses, taxes are even more migraine-inducing. The federally illegal industry still attracts a keen eye from the IRS, …
How to Use Technology to Turn Your Budtenders Into Cannabis Sommeliers
By Gary Cohen on Apr 2, 2019 12:00:00 AM
Let’s face it: when it comes to retail, the greatest single factor between a positive experience and a negative one is the frontline staff. Customer service representatives are the heart and soul of any retail outfit, and along with being friendly, outgoing, and eager to assist, they …
How Cova’s Integrations and Strategic Partnerships Benefit Cannabis Retailers
By Gary Cohen on Mar 14, 2019 12:00:00 AM
In today’s digital-driven marketplace, shoppers have come to expect a lot from retail brands. They want the freedom to browse and purchase online, in-store, or through a combination of the two — which is why an omnichannel retail strategy is so important these days.
How to Manage Cash at a Cannabis Retail Store
By Gary Cohen on Feb 14, 2019 12:00:00 AM
North America’s legal cannabis market is estimated to rake in $20.2 billion by 2021. And most of that money will come in the form of cold, hard cash. Every year and all over the United States, millions of dollars arrive at state tax offices delivered by dispensary owners, some of whom …