While every state and provincial licensing process is different, they all have a few things in common; namely, legally binding sales limits, mandatory reporting to various government agencies, and last but certainly not least, your seed-to-sale product tracking capabilities.
The ability to track and manage cannabis retail inventory is not only critical to the success of your business but key to qualifying for a retail license. The bottom line: if you can demonstrate your ability to manage inventory efficiently and report to your jurisdiction accurately, you are more likely to qualify for a retail license.
If you’re preparing to submit a cannabis retail license application, download our newest resource – an in-depth guide to addressing the tracking and reporting requirement in your application. The downloadable Word document was created to address regulatory concerns in your state or province and can be used to supplement your cannabis retail license application.