Cova-blog-2025 / Cannabis Entrepreneurs (5)

Infographic: 420 Sales Numbers Show Record Highs in 2019

By Dayna Van Buskirk on Apr 24, 2019 12:00:00 AM

The past year has been huge for cannabis retail, and it’s all been leading to this day. The first 420 since Canada legalized cannabis. The first 420 in five years to fall on a weekend. We knew it would be huge, and the numbers did not disappoint. Once again, there were no major techni …

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Top 6 Inventory Metrics to Maximize Cannabis Dispensary Profits

By Dave Emmett on Apr 9, 2019 12:00:00 AM

At the end of the day, cannabis retail follows the same principles as other retail industries, and the same inventory metrics used in traditional retail settings can help guide you to reduced costs and increased revenues. Ultimately, your goal is to always have the right amount of the …

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How to Prepare for Ontario's Retail Cannabis  Application (Free Guide Inside)

By Gary Cohen on Jan 11, 2019 12:00:00 AM

Ontario is set to become yet another Canadian province to fully embrace federal cannabis legalization. Retail cannabis stores are scheduled to open in April 2019. Ahead of this monumental step, the provincial government recently released information on how to apply for a cannabis reta …

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How to Open A Cannabis Store in Canada

By Faai Steuer on Oct 23, 2018 12:00:00 AM

On October 17, Canada officially became the first G7 nation and the second country in the world to usher in legalized recreational cannabis, marking a history-making shift in the evolving legalization landscape. And Canada’s green injection is forecast to be a huge boost for its econo …

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How Manitoba Cannabis Retailers Can Remain Compliant

By Faai Steuer on Oct 4, 2018 12:00:00 AM

The country of Canada is waiting with baited breath for October 17, the scheduled opening date for legal non-medical cannabis. In preparation, the Liquor, Gaming, and Cannabis Authority (LGCA) in Manitoba recently passed provincial cannabis retailer regulations.

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How to Find the Right Cannabis Retail Location in Alberta

By Faai Steuer on Oct 2, 2018 12:00:00 AM

With the start of legal non-medical cannabis sales less than one month away, Canadian entrepreneurs everywhere are looking for their way into the budding industry. And for many, cannabis retail is a very viable option.

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Location Requirements for Cannabis Retailers in British Columbia

By Faai Steuer on Aug 7, 2018 12:00:00 AM

If you’re preparing to apply for a non-medical cannabis retail license in British Columbia (BC), you’ll need to make sure your application meets all the criteria set forth by the province. BC has put out specific cannabis retail guidelines regarding various business elements, includin …

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How to Apply for a Non-Medical Cannabis Retail License in British Columbia

By Gary Cohen on Aug 1, 2018 12:00:00 AM

Before you open the doors at your very own shop in British Columbia and start raking in the revenue, you’ll have to successfully apply for a recreational cannabis retail license. The Liquor and Cannabis Regulation Branch (LCRB), which released a 25-page application guide for retailers …

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5 Local Outreach Ideas for Cannabis Retail Owners

By Faai Steuer on Jul 17, 2018 12:00:00 AM

As a cannabis retailer, you’re looking for ways to establish brand awareness and set yourself apart from competitors. At the same time, you want to do your part to help break the lingering stigma surrounding cannabis, as well as foster goodwill and genuine relationships within your lo …

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How to Educate Your Retail Customers with Cannabis Touchscreen Menus

By Dave Emmett on May 24, 2018 12:00:00 AM

As cannabis education and awareness continues to spread — and as more Americans and Canadians gain legal access to cannabis — the population of first-time consumers is increasing significantly. Whether these consumers are looking for relief from symptoms of medical conditions or just …

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