by David | May 26, 2023 | Business Guides
Ontario had a relatively slow start following the passage of the Cannabis Act in 2018. The province took its time launching provincial cannabis sales and even longer to open up private cannabis store licensing. Yet, today, there are more than 1,500 pot shops in...
by David | May 23, 2023 | Business Guides
You aren’t alone if you are interested in learning about how to open a dispensary in BC. There are now more than 30 government-run BC Cannabis Stores and over 400 privately owned cannabis stores across the province. But this is far from an oversaturated market....
by David | Mar 10, 2023 | Business Guides, Marketing Strategies
In 2022, independent cannabis retailers in Canada started to feel the crunch. Although it’s always been a wild ride since legalization, last year retailers faced a series of challenges (inflation, price wars, and over-saturation) that have left many owners...
by David | Mar 1, 2023 | Business Guides
No matter what industry you operate in, investment management is one of the most important back-office activities. This is especially true in cannabis, a highly regulated sector with some of the strictest compliance reporting requirements. So as a cannabis retailer,...
by David | Feb 13, 2023 | Business Guides
There is no hiding it. Part of the appeal of the legal cannabis industry in Canada is a monetary one. Sure, many people have decided to open a cannabis store because of their love of the plant. But this is also the Golden Age of cannabis, and there is money to be...
by David | Jan 31, 2023 | Business Guides
According to Cannabis Benchmarks, there were more than 3,200 cannabis retail stores in Canada as of July 2022. With the Canadian market maturing, many successful locations are seeking to expand through mergers and acquisitions — or by opening up brand new locations in...