Running a successful cannabis dispensary requires more than great products and friendly service. Standard Operating Procedures for Cannabis Businesses are the cornerstone of success. Behind the scenes, Standard Operating Procedures (SOPs) are essential to ensure compliance, efficiency, and customer satisfaction. SOPs provide your team with a clear roadmap for handling day-to-day operations, mitigating risks, and […]
Outdated Cannabis Retail Processes to Ditch in 2024 (And How to Modernize Your Dispensary) As the cannabis industry continues to evolve, dispensaries must modernize their cannabis retail processes to remain competitive and compliant. Yet, many retailers are still relying on outdated cannabis retail processes that slow down operations, increase compliance risks, and hinder customer […]
The Ohio cannabis industry is on the brink of a significant transformation with the introduction of Ohio seed-to-sale software regulations. As the state moves forward with legalization, it’s essential for businesses and consumers alike to understand the Ohio seed-to-sale software rules. From the application process for business licenses to customer purchase limits and tax […]
As the New Mexico cannabis business licensing and industry continues to flourish across the United States, New Mexico emerges as a promising frontier for entrepreneurs and enthusiasts alike. With the legalization of recreational cannabis, the Land of Enchantment beckons with opportunities for growth and innovation. However, navigating the landscape of business licensing can be […]
On Tuesday, the Missouri Department of Health and Senior Services, responsible for managing the state’s marijuana program, announced that it will be accepting applications for the second round of Missouri cannabis business microbusiness licenses through an online platform from April 15th to April 29th. The department plans to issue 48 Missouri cannabis business licenses in July. Per […]
A living document, also known as an evergreen document or dynamic document, is a document that is continually edited and updated. A cannabis business plan, should be that. Businesses in the cannabis industry, like any other industry, need to update their business plans for several reasons: Regulatory Changes: The cannabis industry is heavily regulated, and regulations […]
The industry has recently encountered several shocking events. Not only has the industry had several recalls in the past, however the most recent recall has Missouri operators questioning what is going on with the state track and trace system who refuses to comment on the situation. Of equal importance, the Oklahoma Medical Marijuana Authority has […]
Kentucky Governor Andy Beshear recently signed Senate Bill 47 into law, legalizing medical marijuana in Kentucky. * Starting in 2025, Kentuckians will be able to apply for a medical marijuana card after obtaining a written certification from their medical practitioner showing a qualified medical condition. But what does that mean for Kentucky Medical Marijuana businesses? What […]
A wise CFO once tried to explain to me how he wanted the costs associated with the cultivation and production of cannabis good recorded. He described “buckets” that the costs would essentially “go into”. Thus began my journey of researching cannabis inventory costing. What are these theoretical buckets? What costs “go into” these buckets? How […]
The New Mexico Regulations and Licensing Department Cannabis Control Division is currently accepting New Mexico cannabis license applications. Currently, there are no limits to the amount of licenses that can be approved by the department. Additionally, there are no city bans on cannabis business locations in New Mexico. The only exception to this is consumption […]
