Cova-blog-2025 / Cannabis Industry (5)

Carrot and Cova Join Forces to Deliver Comprehensive Cannabis Retail Solution

By Faai Steuer on Oct 18, 2024 12:00:00 AM

Cova has long been committed to building and integrating with the best tools to help cannabis retailers grow their business. We have been especially focused on ecommerce solutions, working diligently to ensure retailers have both choice and guidance to find the best software to comple …

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How Cannabis is Taxed in Canada - And the Future of Cannabis Taxation

By Harrison Jordan on Aug 2, 2024 12:00:00 AM

Cannabis produced and sold commercially in Canada is subject to tax and not an insignificant amount.

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What Marijuana Rescheduling Means for the Cannabis Industry

By Gary Cohen on Jun 14, 2024 12:00:00 AM

The steps now being taken to reschedule marijuana mark a transformative moment for the industry that will allow retailers to make real strides. This shift promises not only to revitalize businesses but also to reshape the regulatory landscape in profound ways. Here’s why the reschedul …

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The Role of Cannabis Business Insurance in Securing Finances and Mitigating Risk

By Roman Shvydun (Guest Blogger) on Jun 10, 2024 12:00:00 AM

The cannabis industry is thriving, whether for medical, pharmaceutical, or recreational use. However, this sector also comes with some legal and financial risks. What better way to avoid them than to get cannabis business insurance?

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Dispensary Property Requirements: Why Cannabis Real Estate Varies So Much

By Sumer Thomas (Guest Author) on May 7, 2024 12:00:00 AM

As the cannabis industry continues to grow, unique challenges have emerged effecting businesses efficiently opening their doors, especially when it comes to real estate.

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Navigating Cannabis Banking Challenges: Managing Cash Flow & Financial Transactions

By Roman Shvydun (Guest Blogger) on Apr 30, 2024 12:00:00 AM

The cannabis industry continues to experience a huge roadblock when it comes to banking and facilitating financial transactions. Despite the popularity and rapid growth of the cannabis industry in the United States, as evidenced by more and more states legalizing its use and possessio …

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420 Cannabis Retail Sales 2024 Infographic: How Much Dispensaries Made (And Lost)

By Faai Steuer on Apr 26, 2024 12:00:00 AM

For the first time in half a decade, the biggest cannabis holiday of the year fell on a Saturday in 2024 – and the 420 sales numbers did not disappoint. But the day wasn’t without its challenges. Cannabis retailers using Dutchie POS systems struggled with outages that left them unable …

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A Guide for Next Steps for Maryland Dispensary License Winners

By Dayna Van Buskirk on Mar 22, 2024 12:00:00 AM

Maryland recently held a lottery for social equity applicants to receive one of 179 cannabis dispensary licenses. At over 1,500 eligible applicants, if you are one of the Maryland adult-use business license winners, congratulations — this is a once in a lifetime opportunity. Now the r …

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How to Transition from CBD Store to Recreational Cannabis Dispensary

By Dayna Van Buskirk on Dec 7, 2023 12:00:00 AM

In the ever-evolving world of cannabis retail, transitions and expansions are common as regulations change and opportunities arise. Many CBD stores are now considering a transition to full-fledged cannabis recreational dispensaries as legalization spreads across the United States. Thi …

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What is a Budtender? A Beginner's Guide to Becoming a Budtender

By Dayna Van Buskirk on Nov 10, 2023 12:00:00 AM

Budtenders are retailer associates who work in licensed cannabis dispensaries. Their job is to assist customers, whether they're new to cannabis consumption or seasoned enthusiasts. In today's competitive job market, securing a job in the burgeoning cannabis industry can be quite chal …

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