Cash flow in the cannabis industry is a constant and delicate process — from consumer to retailer, from retailer to processor, from processor to grower, etc. But for every successful transaction, a cautious entrepreneur is also aware of the risks, which can include theft (by customers or employees), the miscounting of cash, or even robbery.
As with any business, a growing customer base brings with it an opportunity to serve those customers with technology. Cannabis and kiosks are proving to be a perfect match. In addition to the outside threat, dispensary owners also face the potential of internal theft. Despite the amount of money flowing into the pot industry, dispensary
Living in Colorado like I do, it makes a lot of sense for me to do a bit of an update on the budding (or blooming) cannabis industry. Speaking for myself and from what I see Denver has quickly graduated into the big hub status. Only Donald Trump gets as much press (for now). Last
Operating a cash intensive business like a marijuana dispensary makes you a prime target for robberies. Even in the case where you can accept credit cards, your marijuana business will remain cash heavy, so the risk of robberies must be mitigated with proper security. “According to the Federal Reserve Bank of San Francisco’s 2015 Diary
As marijuana legalization continues to spread, kiosks are helping to simplify and secure the sales process. But as with any business, a growing customer base brings with it an opportunity to serve those customers with technology. Cannabis and kiosks are proving to be a perfect match. Source: http://kioskindustry.org Thank you Kiosk Industry for featuring our