State regulations and licensing for cannabis businesses continue to develop as more and more states pass legislation legalizing marijuana products. Each state has their own concerns from their legislators and constituents regarding how to implement their marijuana...
Running multiple retail locations demands more than just opening doors at each site. You need clear systems, reliable staff, consistent procedures, and the right technology to keep everything aligned. Managing multiple stores means juggling inventory, communication,...
Key Takeaways: New Mexico has no statewide license cap, an online application system, and a cannabis market that crossed $1 billion in cumulative sales in its first few years. The barrier to entry is lower than most states, but the operational and compliance demands...
The actual cost of opening a dispensary varies greatly. Several factors are at play, such as the state you’re operating in, the size of your store, and whether you decide to vertically integrate your supply. This post explores the reality of these costs and the...
Many consumers still choose to pay with cash even though most payments in brick-and-mortar and online stores are made through credit or debit cards. Although cash transactions declined globally by 16% in 2020, with a 24% drop in the United States, McKinsey suggests...
