The Canadian cannabis retail industry, like many others, is not immune to economic downturns. In the face of a challenging economy, surviving and thriving as a cannabis retailer requires a strategic approach that balances financial prudence, customer engagement, and...
In the ever-evolving landscape of the cannabis industry, leadership faces a unique set of challenges. As we journey through the complexities of this domain, it becomes clear that the role of a cannabis leader is not for the faint-hearted. The cannabis industry in...
The Canadian cannabis industry is an exciting and ever-evolving landscape, and local businesses are at the heart of its growth and compliance. As a locally-owned and operated Cannabis Point-of-Sale (POS) provider, we’re passionate about our role in this thriving...
Cannabis prices across Canada have fallen significantly. Statistics Canada’s cannabis consumer price index (CPI) released in May 2023 shows prices declining by several percentage points over the past year—a trend that sharply contrasts with inflation affecting...
In a world defined by change, the cannabis retail industry, much like the ever-evolving software sector, faces a continuous challenge: adapting to meet the ever-changing needs and expectations of its customers. Today, we embark on a journey to explore the dynamic...
Menu psychology—the strategic use of design, format, and content to influence purchasing decisions—has boosted sales across restaurants and hospitality for decades. Yet most cannabis retailers have overlooked how menu structure and presentation directly impact...
What’s the number one reason to put TechPOS front and center in your cannabis retail store? If it’s not for our continued innovation within our software ecosystem, it’s probably because we’ve never had a return on any of our POS hardware. We...
When it comes to purchasing non-medical cannabis, there are two primary avenues available to consumers: online sales and in-store purchases. It’s fascinating to note that only 11% of non-medical cannabis sales come from online sources, raising the question: What...
Printed menus help cannabis retailers increase sales using proven restaurant industry tactics like menu psychology. By displaying strategic pricing and highlighting featured products, dispensary owners can guide customer decisions and move inventory faster. How Menu...
With the cannabis industry witnessing remarkable growth due to legalization, many big payment processors remain hesitant about venturing into POS payment processing for cannabis merchants. In this article, we explore the advantages of POS providers focusing on their...
