Cannitrol – Cannabis Control Agent

Marijuana news from around the world

dispensaries

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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The Infused Pre-Roll Revolution: How to Ride the Wave and Boost Your Brand

While pre-rolls are finally getting their moment, posting notable growth across virtually every market, much of that growth has been powered by the infused pre-roll subcategory. In Michigan, for example, infused pre-rolls now make up over 40% of the category, and 9 of the top 10 best selling pre-roll products are infused. But what’s driving […]

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Digital Insurance Solutions are Ripe for Fast-Growing Cannabis Dispensaries

Cannabis sales in the United States are expected to hit $100 billion by 2030, and yet dispensary owners still face hurdles before getting up and running, namely obtaining the right insurance coverage. Unlike a coffee shop or clothing store, it can be difficult to secure the insurance coverage needed to satisfy the requirements prescribed by the […]

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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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New Jersey Market Grows, Regulators Make Licensing Progress

2023 has so far been a productive year for the New Jersey Cannabis Regulatory Commission (CRC), the government body tasked with overseeing the state’s medical and adult use cannabis markets. The licensing process since New Jersey first launched its adult use cannabis market has been slow, but intentional and systematic. When the state first launched […]

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How Dispensaries Can Create Superior Online Experiences

Even the most traditionally-minded, tech-averse entrepreneur accepts their success relies on providing customers with a superior online experience in 2023. Trying to succeed without a robust web presence is akin to running the 100-meter with your legs tied together. On that note, the legal cannabis industry might have a leg up over other sectors in […]

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The Story of 5th House Farms: Economic Empowerment & Equity in Cannabis

Based in Rochester along the I-5 corridor in western Washington is 5th House Farms, a black-owned cultivation and processing company. Founded in 2016 by a BIPOC family with a tier three producer license, the company has quietly built an impressive brand success story in the state.  Coming from an economically-disadvantaged background, Carlondo Mitchell, owner of […]

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Anticipating the Ebbs and Flows of Seasonal Retail Cannabis Sales

Like any industry, cannabis can experience ups and downs, especially when it comes to a doors-open retail business. Dispensaries that operate in towns or cities that attract tourists experience this more than anyone, seeing sales spike during the busy months and reach lows during the off-season. We spoke with the folks at Dragon Hemp, a […]

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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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Data: The Key to Success in Today’s Cannabis Market

As the cannabis industry continues to evolve, recent market challenges have created an environment that is more difficult for industry leaders to navigate. To find success in today’s marketplace, company leaders need to adopt a robust, data-driven approach to combat the influx of rising brands, emerging markets and pricing challenges, among other obstacles. By leveraging […]

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