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.
April 20th is a famed holiday with the cannabis community , and it is no surprise that this day typically brings huge profits (on average 2.2 times the volume of sales). With such high volumes of sales in the past, many dispensaries have had problems with their technology not being able to keep up with the demand. This has cause system outages throughout the United States. Harry Brelsford of The CannaTech Group sits down with Gary Cohen of Cova Software to chat about the upcoming holiday and what Cova has done to prepare.
The technology you use is one of the most important things you can do for your business. Technology over the years has helped businesses grow, survive and evolve as it can help with everything from understanding cashflow, managing products, and more. By choosing and implementing the proper technology you not only empower your employees by making reporting, sales and business decisions faster, but also have business data at your fingertips at all times.