5 Cannabis Retail Loyalty Programs for Maximum Customer Retention
By Faai Steuer on Jan 30, 2020 12:00:00 AM
It’s no secret that in business, it always costs less to keep an existing customer than to acquire a new one. For retailers, one of the best ways to improve customer retention and extend customer lifetime value to your company is with a loyalty program — and the same holds true for ca …
Congratulations to Missouri's Dispensary License Winners
By Dayna Van Buskirk on Jan 24, 2020 12:00:00 AM
Missouri’s DHSS has announced the winners of the state’s first 192 marijuana dispensary facility licenses. Thousands of applicants competed for these approvals. Congratulations to the winners, and to Missouri for this step toward a successful cannabis industry.
5 Must-Have Hardware Components for Every Cannabis Retailer
By Chad Kipling on Jan 7, 2020 12:00:00 AM
If you’re a newly licensed cannabis retailer or you’re considering applying for a retail cannabis permit, you’ve probably given consideration to things like your business plan, your dispensary design and how you’ll recruit quality staff. You may have even started researching cannabis- …
Cannabis Retail Year in Review: The Good, the Bad, and Everything In Between of 2019
By Faai Steuer on Jan 2, 2020 12:00:00 AM
As we look ahead to the possibilities for cannabis retail in 2020, it’s a good time to reflect on all that’s happened over the past 12 months. That’s why today, we’re taking a look back on 2019’s industry highlights from across U.S. and Canadian markets — the good, the bad, and everyt …
How to Choose a POS for Your Cannabis Delivery Business
By Gary Cohen on Dec 27, 2019 12:00:00 AM
More and more, retail delivery services are becoming a bigger part of the regulated cannabis landscape. It’s no wonder why — just like ordering food or clothes to your home, having cannabis delivered directly to your doorstep is a convenient alternative for many consumers.
7 New Year’s Resolutions for Cannabis Retail Business Success
By Faai Steuer on Dec 17, 2019 12:00:00 AM
With just a couple of weeks remaining on the 2019 calendar, it’s time to start putting plans in place for 2020. And just as many people make New Year’s resolutions in their personal lives, it’s equally important to identify business goals — and resolve to take the actions necessary to …
California Cannabis Tax Hike: What Retailers Need to Know
By Gary Cohen on Dec 10, 2019 12:00:00 AM
Since the launch of legal recreational cannabis sales two years ago, California consumers have felt the pinch of some of the highest marijuana tax rates in the country. And while many speculated that prices would fall as the industry got on its feet, the fact is that come New Year’s D …
10 Tips to Boost Your Dispensary’s Bottom Line During the Holidays
By Faai Steuer on Dec 6, 2019 12:00:00 AM
It’s that season again — the season of major consumer spending and general retail frenzy known as the holidays.
Cannabis Edibles: A Guide to Product Equivalencies and Purchase Limits in Canada
By Faai Steuer on Dec 3, 2019 12:00:00 AM
Following the recent launch of “Cannabis 2.0,” Canadian marijuana retailers are preparing to add edibles, extracts and topicals to their dispensary shelves — that is, once the 60-day review period imposed by Health Canada ends in mid-December.
Customer Story: The Green Room of California on Why They Came Back to Cova
By Dayna Van Buskirk on Nov 19, 2019 12:00:00 AM
For the staff at The Green Room, the summer of 2018 was a hectic time. The boutique, dual-purpose dispensary — nestled on the coast of California’s famed Mendocino County — was preparing for the launch of adult-use sales, and management knew it was time to upgrade to a cannabis-specif …