The Cost of Opening a Cannabis Dispensary in New Mexico & Mississippi
By Faai Steuer on Apr 16, 2022 12:00:00 AM
While Mississippi recently became the latest state to legalize medical marijuana, New Mexico took a giant leap to start recreational cannabis sales from April 1, 2022. Both these states are quite different, and the cost of opening a dispensary can vary. However, similar to other indus …
How to Open and Manage a Cannabis Dispensary in California
By Faai Steuer on Mar 15, 2022 12:00:00 AM
Since the early days of legalization, California has been a pioneer of the cannabis industry. Today, the California cannabis market is one of the largest and hosts a diverse range of successful entrepreneurs and intelligent consumers alike. However, as consumer behavior is changing fa …
Ex-Corporate Executives Reveal Secrets to Spearheading Ontario's Top Cannabis Store
By Faai Steuer on Feb 14, 2022 12:00:00 AM
Ontario’s cannabis retail market has grown fast but has also reached a point where competition is intense, and it is becoming challenging for retailers to differentiate themselves. While big retail chains are expanding aggressively, some independent shops like Highland Cannabis are fo …
How to Open and Run a Cannabis Dispensary in Michigan
By Faai Steuer on Jan 24, 2022 12:00:00 AM
Michigan was the 10th U.S. state to legalize recreational cannabis, officially opening the door for medical and recreational marijuana retail sales in late 2018. Managed by the Michigan Marijuana Regulatory Agency (MRA), the MI cannabis dispensary laws outline all regulations for pros …
How to Open and Run a Cannabis Dispensary in New Mexico
By Gary Cohen on Jan 13, 2022 12:00:00 AM
In June of 2021, New Mexico joined the growing list of American states to legalize adult-use recreational cannabis, opening doors for a thriving local market. The Cannabis Regulation Act (CRA) established New Mexico dispensary and cannabis laws and assigned regulatory responsibilities …
7 Mistakes That Can Ruin Your Cannabis Retail Business
By Gary Cohen on Jul 16, 2021 12:00:00 AM
Cannabis retail is evolving at different speeds across North America. While some states have mature, competitive markets, others are just opening their doors—meaning timelines, regulations, and best practices can vary widely. With no universal playbook, many new dispensaries are learn …
How to Open and Run a Cannabis Dispensary in New Jersey
By Gary Cohen on Apr 30, 2021 12:00:00 AM
Recreational or adult-use cannabis became legal in New Jersey on Jan 1, 2021, after the ‘Marijuana Legalization Amendment’ was approved by voters during the general elections in November 2020. The New Jersey cannabis bill was signed into law on February 22, 2021, and the Cannabis Regu …
How Much Does it Cost to Open a Cannabis Dispensary in New Jersey?
By Gary Cohen on Apr 14, 2021 12:00:00 AM
New Jersey’s newly formed Cannabis Regulatory Commission met for the first time on April 12, 2021, to start the process of establishing a responsible, fair, and equitable cannabis industry in New Jersey. Initial cannabis regulations were released on August 19, 2021, and will empower t …
7 Ways to Make Your Cannabis Retail Business More Profitable
By Faai Steuer on Feb 15, 2021 12:00:00 AM
Ask any profitable cannabis retail owner what it takes to succeed and they’ll tell you: You’ve got to have a flow of customers regularly purchasing products. And in this day and age, in-store sales alone won’t cut it. In today’s environment, you need an omnichannel sales strategy that …
Why You Need a Cannabis Industry-Specific Retail POS System
By Faai Steuer on Jan 11, 2021 12:00:00 AM
New marijuana dispensary owners often have to juggle a baffling amount of different considerations when trying to establish a cannabis retail business. Legal regulations, compliance issues, supply infrastructure, marketing, and managing inventory are just a few of the things you have …