Opening a cannabis retail store in Ontario requires a Retail Operator Licence, a Retail Store Authorization, and a sound location strategy. Ontario now has more than 1,500 cannabis stores, and the market continues to grow. The province had a slow start after the...
You aren’t alone if you are interested in learning about how to open a dispensary in BC. There are now more than 30 government-run BC Cannabis Stores and over 400 privately owned cannabis stores across the province. But this is far from an oversaturated market....
Since legal cannabis sales launched in 2018, retailers and producers have advocated for regulatory relief to address the challenges created by overlapping federal and provincial policies. Small and medium-sized cannabis businesses face particular pressure from...
Canada’s cannabis retail market has evolved rapidly since legalization, facing both challenges and opportunities. From supply chain disruptions to price wars, retailers navigate a complex landscape. This article explores five critical market predictions shaping...
Cannabis retailers must stock both cannabis products and the accessories customers need to consume them. A customer purchasing flower or concentrates also needs rolling papers, dab rigs, pipes, or bongs. Offering a complete accessory selection drives higher average...
In late 2022, the Economist reported that “a global recession is inevitable in 2023” because “[t]he world is reeling from shocks in geopolitics, energy, and economics.” Of course, a small cannabis retailer can’t begin to tackle global...
Small independent cannabis retailers in Canada face mounting competitive pressure from larger chains, high inflation, price wars, and market over-saturation. Despite these challenges, small dispensaries can compete and thrive by adopting a focused business strategy...
Cannabis inventory management is critical for regulated retailers because dispensaries must track every product from purchase to sale, and regulators require detailed compliance documentation with POS systems built for dispensaries. Efficient dispensary inventory...
Canadian dispensary owner earnings vary widely, and few public figures make the question easy to answer. Many people open a cannabis store because they love the plant. But this is also the Golden Age of cannabis, and the financial opportunity is real. An industry...
Cannabis compliance requirements, inventory synchronization, and multi-channel sales management demand a unified point-of-sale platform built specifically for regulated retailers. Most cannabis retailers view their point-of-sale (POS) system as a basic transaction...
