Cova & Canadian Cannabis Retailers Challenge MasterCard Fees
By Gary Cohen on Nov 6, 2023 12:00:00 AM
In the rapidly evolving landscape of Canadian cannabis retail, business owners constantly struggle to maintain a competitive edge and protect their slender profit margins. However, there's an added burden that is levied unfairly and applied without cause – the annual US $500 special m …
Canada's 5 Years of Cannabis Legalization: A Transforming Landscape
By Faai Steuer on Oct 16, 2023 12:00:00 AM
Five years have passed since Canada embarked on the journey of legalizing recreational cannabis at the federal level. With this significant milestone approaching on October 17, 2023, it's time to reflect on the transformation and evolution of the country's cannabis retail sector. In t …
Top 2024 Cannabis Payment Trends Dispensary Owners Must Know
By Guest Blogger on Oct 12, 2023 12:00:00 AM
With several U.S. states legalizing the use of cannabis, also often called marijuana or weed, there has been an exponential rise in the sale and use of it over the last several years. Despite the rise of the legalization of cannabis use, it remains illegal on a federal level, and thus …
How to Open a Cannabis Dispensary in Minnesota
By Gary Cohen on Sep 28, 2023 12:00:00 AM
With the recent legislative changes, Minnesota is on the cusp of a burgeoning cannabis market. Opening a cannabis dispensary in the Land of 10,000 Lakes can be a lucrative venture, but it requires careful planning, adherence to regulations, and a well-thought-out business strategy. In …
How to Open a Cannabis Dispensary in New Jersey
By Faai Steuer on Aug 18, 2023 12:00:00 AM
Are you considering entering the burgeoning cannabis industry by opening a dispensary in New Jersey? As the state's regulatory landscape evolves with the legalization of recreational marijuana, it's crucial to stay informed about the Cannabis Regulatory Commission’s requirements, the …
How to Capitalize on the Biggest Cannabis Holidays at your Dispensary
By Faai Steuer on Jun 20, 2023 12:00:00 AM
420 has traditionally been the biggest cannabis sales day but as the cannabis industry continues to thrive, many other holidays or long weekends are emerging as equally important days for dispensary owners to capitalize on. For that matter, Canada Day has already dethroned 420 for the …
420 Cannabis Sales Near $200 Million With Record-High Single Transaction of $2k
By Faai Steuer on Apr 25, 2023 12:00:00 AM
The legal cannabis industry has seen significant growth over the past few years, but one day still stands out above the rest: 420 continues to reign as the biggest day of the year with estimated cannabis sales crossing $192 million across North America on April 20, 2023. The sales cou …
What All You Need to Know to Insure Your Dispensary Business
By Faai Steuer on Apr 18, 2023 12:00:00 AM
As the number of legal cannabis consumers and the cannabis industry grow, it will become increasingly challenging for dispensaries to limit their risk exposure. We all are aware of the fact that cannabis businesses face several challenges. Some top ones include remaining compliant to …
How to Open a Cannabis Dispensary in Maryland
By Gary Cohen on Apr 11, 2023 12:00:00 AM
Opening a cannabis dispensary in Maryland could be complex if you don’t follow the laws and best practices. With strict regulations dictating the legal cannabis industry, it's important to have a clear understanding of the process of opening a dispensary before embarking on this journ …
How to Write a Cannabis Business Plan: A Step-by-Step Guide
By Faai Steuer on Jan 4, 2023 12:00:00 AM
Legal cannabis business sales reached $33 billion at the end of 2022. These outstanding statistics are drawing more individuals into the cannabis industry to start their very own dispensaries as more states in the US legalize recreational marijuana.