Honing in on sustainable packaging isn’t just a good move for the environment. It’s also more cost-effective, less labor-intensive and allows you to provide consumers with the best possible version of your flower—no matter how far through the supply chain it’s had to travel before hitting retail shelves.
Payment processors like GETTRX, Inovio, Square and Bankful are well-versed in the CBD landscaped and equipped to handle the legal intricacies of processing high-risk industries like hemp, making them excellent options if you’re on the hunt for a way to simplify the transaction process.
In this interview, we sit down with Chase Eastman, the CEO of Rootwurks, to learn about how he came to start the cannabis education and training company, what he thinks of regulatory compliance in the industry, and how the future of training might mold the cannabis marketplace.
Mastercard recently ceased allowing debit card transactions for cannabis dispensaries. While the news certainly took the industry by surprise, there are tools that dispensaries can embrace, like cash automation, that will be crucial for sustainable growth and success.
By adding an extra element to their pre-rolls, brands can stand out in a crowded market by diversifying their offerings and using infusions to increase potency and profits.
Ahead of his presentation at the upcoming Cannabis Quality Conference, we’re sharing an interview with Tahir who started the first licensed, black-owned social equity dispensary in New Jersey. From his hometown in Trenton, he shares his unique perspective and offers some advice for how to make it in this market.
Check out sessions from the 2023 Cannabis Supply Chain Virtual Conference like: Cannabis Packaging Solutions: Navigating Regulations, Quality & Environmental Impact; Automation Unleashed: Revolutionizing the Cannabis Industry Value Chain; and Optimizing Your Cash Handling through Automation, Analytics & Reporting.
Beyond a billboard and a brand voice, packaging is a keeper of the quality, consistency and potency your customer deserves. In the cannabis realm this is just the beginning of utilizing packaging for brand identity and loyalty.
The contentious bill, nicknamed “The Cannabis Credit Protection Act,” would require licensees to pay for goods sold no later than 15 days after the invoice is due. Supporters say it will help prevent a ballooning debt bubble in the industry and opponents say it is ripe for abuse.
Retail shrinkage is an ongoing problem for dispensaries dealing with theft and inefficiency. Some top preventative measures include granulated system access, solid inventory auditing, physical security measures and more.