Cannabis continues to grow despite the 3rd year of the pandemic, and a rise in inflation. With more states coming onboard and the majority of Americans believing that marijuana should be legalized it’s hard to believe that some dispensaries fail. It may seem like some retailers know the secret of success. But the truth is, there are only a few critical areas that make the difference between success and failure, and they’re not esoteric. Harry Brelsford of the CannaTech Group sits down with Gary Cohen of Cova Software to discuss his book Why dispensaries fail.
Compliance is a crucial part of running a successful cannabis company. In order to stay within state and county regulations dispensaries must monitor all of the products they sell, and report them to state governments. Most states use technology to ensure that they know how and where each cannabis related product is cultivated, produced, transported, and sold. Korona announced that it offers seamless integration with the Metrc’s API which is what most state governments use to follow every step of the flow of marijuana products from initial plant maturation to dispensary transaction. Harry Brelsford of The CannaTech Group sits down with Till Freier to discuss cannabis tracking technologies for dispensaries.