Cova-blog-2025 / Cannabis Retail (13)

How Illinois Dispensary Uses POS Data to Optimize and Scale Operations

By Faai Steuer on Aug 12, 2021 12:00:00 AM

Cannabis dispensary operations are a wealth of lucrative data insights that can help optimize operations and increase profitability. Most business data is readily available via your cannabis POS system, but very few dispensaries use it to improve decision-making. Data analytics, if do …

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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 …

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7 Cannabis Dispensaries That Are Crushing It On Social Media

By Faai Steuer on Jun 15, 2021 12:00:00 AM

As a retailer looking at connecting directly with potential customers and building your cannabis brand, you must have a presence on social media in this digital era. And although social media platforms like Facebook and Instagram impose restrictions on cannabis promotions, and it is c …

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7 Key Considerations When Choosing a Cannabis Dispensary POS System

By Faai Steuer on May 17, 2021 12:00:00 AM

Canada's cannabis industry has witnessed tremendous success since federal legalization in 2018. In the US, 35 states authorize the use of medical cannabis, and 17 of them have now allowed recreational marijuana consumption. Potential dispensary owners must keep in mind that the cannab …

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The Rise of Farmgate Cannabis Retail in Canada: All You Need to Know

By Faai Steuer on May 11, 2021 12:00:00 AM

The cannabis industry in Canada is on the verge of another revolution- conscious cannabis consumers are increasingly looking to buy locally grown products as they increase their knowledge about the plant, the companies producing it, and what their brands stand for. Opening a farmgate …

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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 …

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Infographic:420 Sales Signal a Rebound with High Online Orders in 2021

By Dayna Van Buskirk on Apr 22, 2021 12:00:00 AM

As we return to a certain semblance of normal after over a year of pandemic restrictions, the resilient cannabis industry celebrated a successful yet restrained 420 in 2021, with almost a 10% increase in average store traffic over 4/20 in 2020. But with cannabis enthusiasts returning …

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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 …

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A Dispensary's Guide to Making 420 Your Best Business Day in 2021

By Faai Steuer on Mar 17, 2021 12:00:00 AM

Cannabis enthusiasts and advocates worldwide will be lighting up in appreciation of marijuana on April 20, and although 420 will still be quite different in 2021 because of the pandemic, it is certain that celebrations will be burning brighter in states where recreational use is legal …

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How to Start Selling Gift Cards at Your Cannabis Dispensary

By Faai Steuer on Mar 1, 2021 12:00:00 AM

Implementing a cannabis gift card program is a great way to increase brand recognition and an opportunity to generate new customers for your marijuana dispensary. Research has shown that if these small pieces of plastic are incorporated strategically into your cannabis business operat …

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