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Don’t Let Crashes Clip Your Cannabis Sales on Busy Days: Why Reliable POS Systems Are Essential

Don’t Let Crashes Clip Your Cannabis Sales on Busy Days: Why Reliable POS Systems Are Essential

by Shabnam Ghorashi | May 8, 2024 | News

Every cannabis retailer knows peak days can be a goldmine. But unreliable POS systems can turn that golden opportunity into a frustrating nightmare. Disgruntled customers facing frozen screens and halted transactions translate to lost sales and a damaged reputation....
How to Cultivate a Profitable Paradise: Boosting Your Canadian Cannabis Retail Strategies

How to Cultivate a Profitable Paradise: Boosting Your Canadian Cannabis Retail Strategies

by Shabnam Ghorashi | May 1, 2024 | News

Canada’s cannabis market is booming, but with competition heating up, smart strategies are crucial for maximizing profits and standing out. This guide explores key cannabis retail strategies Canadian retailers can leverage in 2024 to cultivate a flourishing...
Rising Tide of Cancelled Licenses Threatens Canadian Cannabis Retail Profits

Rising Tide of Cancelled Licenses Threatens Canadian Cannabis Retail Profits

by Shabnam Ghorashi | Apr 23, 2024 | News

The Canadian cannabis industry is facing a double-edged sword. While the number of federal cannabis business licenses issued continues to grow, a significant portion are being revoked at an alarming rate. This trend, coupled with increasing “uncollectable”...
Ontario Cannabis Market Boom: Preparing Your Retail Business for the Crackdown on Illegal Sales

Ontario Cannabis Market Boom: Preparing Your Retail Business for the Crackdown on Illegal Sales

by Shabnam Ghorashi | Apr 17, 2024 | Business Guides, News

The Ontario cannabis market is poised for significant growth, with the provincial government expecting a windfall of CA$600 million next year. This surge, driven by legal cannabis sales and excise tax revenue, presents a golden opportunity for licensed cannabis...
2024 Cannabis Product Powerhouse: Flower Reigns, But Diversification is Key

2024 Cannabis Product Powerhouse: Flower Reigns, But Diversification is Key

by Shabnam Ghorashi | Mar 20, 2024 | Business Guides, News

In the ever-evolving cannabis market, staying ahead of customer preferences is crucial for cannabis stores’ success. While maximizing profitability is naturally a priority, stocking products that resonate with your clientele is equally important. We already...
Canadian Cannabis Industry Faces Tax Trouble: Unpaid Dues and Divided Reactions

Canadian Cannabis Industry Faces Tax Trouble: Unpaid Dues and Divided Reactions

by Shabnam Ghorashi | Mar 18, 2024 | Business Guides, News

The Canadian cannabis industry, while experiencing significant growth, is grappling with a rising issue: unpaid taxes. A recent report by MJBizDaily highlights a 72% increase in unpaid excise tax by licensed producers, reaching nearly CA$300 million as of December...
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