Cova-blog-2025 / Cannabis Retail (5)

How to Prevent Cannabis Retail Fraud & How Cova Pay Canada Helps

By Dayna Van Buskirk on Jul 18, 2024 12:00:00 AM

Every retail business is susceptible to fraud, and cannabis retail is no different. Fraud prevention gets even more challenging if you sell cannabis products online or process credit card transactions – or both.

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Truth Be Told: Why Cannabis Retailers Return to Cova Software

By Dayna Van Buskirk on Jul 16, 2024 12:00:00 AM

Cannabis retailers face stiff competition, and regulations aren’t getting any more relaxed. In crowded markets with strict marketing restrictions, boosting profit is challenging, so many retailers are looking for ways to cut costs and improve efficiency.

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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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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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Cannabis Retail Analytics and Insights as a Roadmap to Higher Profits

By Roman Shvydun (Guest Blogger) on Dec 15, 2023 12:00:00 AM

Over the years, politicians, health officials, and enthusiasts have long debated the legalization and commercialization of cannabis. Surely enough, cannabis enthusiasts have continuously pushed for the decriminalization of cannabis so that it can be commercially available for medicina …

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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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