Cannitrol – Cannabis Control Agent

Marijuana news from around the world

cash

As Mastercard Exits Cannabis, There’s a Cash Opportunity

Late last month, Mastercard decided to halt their debit card transactions with cannabis dispensaries, notifying financial institutions and payment processors to stop processing purchases. This isn’t the first digital payment solution to swiftly exit the industry – late last year, vendors turned off services to their cashless ATMs. These abrupt decisions have made major headlines, shocking cannabis dispensary owners, […]

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Retail Shrinkage and Navigating Loss Prevention in the Cannabis Industry

In the regulated cannabis sector, retail shrinkage is a concern as business owners must navigate tight regulations in an often cash-only environment combined with the usual causes of retail shrinkage, including theft and inefficient operations. Retail shrinkage occurs when a company loses inventory from causes other than sales—and it’s a problem that costs companies $100 […]

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Digital Assets & Cryptocurrency in Cannabis

As the cannabis industry experiences a significant shift toward general acceptance and mainstream adoption, new modes of operation are popping up everywhere. The evolution and expansion of the industry beg for constant innovation, and the integration of NFTs and cryptocurrencies as payment options is at the crossroads between tech and cannabis. Crypto and NFTs have […]

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A Guide to Dispensary Insurance

As a business owner, insurance is always a must. If you are interested in entering into the cannabis industry or you already have, it’s important to know what to expect when it comes to insuring your cannabis-related business. That’s why we’ll be exploring what dispensary insurance is, different options for business owners and general advice […]

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