Category Archives: Inventory

5 challenges Canadian cannabis retailers face today

Running a cannabis retail store can be very challenging. In this blog post, we’ll share issues retailers currently face to help business owners prepare for success. Delayed licensing Thanks to delayed licensing, cannabis entrepreneurs across the country have had their business plans thrown out the window. The scope and magnitude of this is different per […]

BC cannabis retail regulations for busy people

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Wondering how to open a dispensary in BC? To make things easy on answering your questions on how to open a dispensary in BC, we’ve compiled some information in an easy-to-read format. Summary on how to open to open a dispensary in BC: Who licenses the stores? Liquor Control and Licensing Branch (LCLB) Who distributes […]

5 Key Takeaways from Hempfest Calgary 2018

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Hempfest Calgary was one of the best physically designed events to date and also the closest to the October 17th legalization date for retail sales. Attendees range from curious Calgarians to pre-existing stores and future retail hopefuls, as well as cannabis service providers and technology companies. Here are the top 5 take aways from the […]

How multi-location cannabis inventory tracking can transform cannabis retailers

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We believe that the independent retailers of today will be the chains of tomorrow. Business owners should have the power to expand to new locations without their POS technology holding them back. One of the costliest mistakes a store can make in their early days is selecting a POS system that does not allow them […]

Top 10 things to think about when opening a marijuana dispensary

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A lot of people are interested in getting into the marijuana movement that is taking shape around America currently by opening a marijuana dispensary. The industry is reportedly expected to grow from over $20 billion in 2020 to $50 billion by 2026. With figures like these, you can see why there are so many people […]

What is batch tracking and what does it mean for your cannabis retail store

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Batch tracking is the way Cannabis inventory will be controlled by regulators. Each cannabis batch corresponds to one specific location, where the cannabis plant that is going to be consumed was grown. Here is an example of batch tracking. (Not the way it will be actually tracked, just to give you an idea) Lets say […]

Adaptable Dispensary Inventory Management

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Adaptable dispensary inventory management is critical for evolving cannabis stores. Everyone wants to expand and grow their brand. Some dispensaries want national distribution via a sleek online store, others want brick and mortar locations in every major city center. Excellent management software will scale with dispensaries and relieve growing pains. Never have business growth be confined […]

Dispensaries Need Multi-location Inventory Management

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Multi-location inventory management is critical for dispensaries. Cannabis stores must run a POS and inventory management system that can track product stock across multiple locations. Record keeping done by the management software must account for cross location product movements and sales from different inventories. This applies to single location dispensaries as well as larger chain […]