If you’re a California cannabis business operator, Metrc needs to be top of mind. So as you wait for your provisional/annual license to be awarded, you might be wondering “what does going live on Metrc mean for me?”While there are plenty of strict regulatory hurdles that lie outside of your control, there are a few key factors within your control that can greatly impact how successful you’ll be in a track-and-trace world.
This years 4/20 is being touted as the biggest potential day for cannabis retail ever! In fact, some projections are even soaring as high as a 150% increase to sales on select product types during the big day. And with expectations of even more customer volume than last year, it’s more important than ever for your dispensary staff to be operating like a well-oiled machine.
Back in January of last year, California’s cannabis industry braced themselves as METRC’s 6-month emergency regulations took effect. Then, as July 1st neared, and the introductory window came to a close, the industry held their breath in anticipation of the state’s track and trace system (CCTT) coming online in full force. But instead of awarding operators with their permanent annual licenses as expected, the state decided to issue blanket extensions to all temporary license holders instead — and did this repeatedly until the end of 2018.
It’s hard to believe that it’s already been over a month since MJBizCon ended. For Treez, the conference presented an incredible opportunity to connect with like-minded peers, chat 1:1 with current and prospective customers, and showcase the cutting-edge products we have slated for release in early 2019. And while we were anticipating a positive outcome, we couldn’t have guessed just how amazing the response would be!
“Love thy customer.” We’ve all heard the same advice many times and many different ways, and at the center ring of our Treez trunk, we take this to heart — We obsess about our customers, and our customers’ customers. We designed some new features and workflows in our latest release to make it easier for dispensaries to help shoppers, and make the interaction less about a transaction and more about an amazing retail experience.
Who doesn’t love a good discount? Rewards, promotions, and specials are top-notch strategies proven to help your cannabis dispensary flourish. Believe it or not, despite lowering the cost of a sale, discounts can make customers happier, turn them into loyal visitors, and even increase spending overall! We know how much of an impact this can have on your retail business, which is why we’re so excited to announce some major updates to our discount functionality.
When John Yang, CEO and Co-Founder of Treez, sat down with Entrepreneur, he let his proverbial hair down and opened up about what ignited his spark for the cannabis industry; the importance of positive mental fortitude; and what it’s like to be a first-time ganjaprenuer.
New updates mean more efficient workflows! With our latest version of Treez, you’ll notice some big changes to our Cash Handling module that go beyond its fresh, modern design. While the same features and functionality will still be there, we’ve added—and enhanced!—the ability to perform End of Shift and Close of Shift functions, as well as adding, editing, or removing Cash Drops. All from a single, centralized location.