Thanks to the legalization of hemp and CBD in all 50 states and the decriminalization of marijuana and THC products in many of them, more and more people are getting into the cannabis business. Whether your operation sells both THC and CBD products or just sticks with what is considered legal federally, dispensary software can help you keep a handle on your business. Here at CannaTrax, we are proud to work with cannabis businesses, providing tailored dispensary software that is designed specifically to meet the needs of the cannabis industry. Read on for answers to some of the most common questions our clients ask.
Does my cannabis business really need dispensary software?
Whether you have been in the cannabis dispensary business for years or are just getting started, you need to have a system in place to manage your inventory, process payments, schedule your employees, maintain vendor contact details and more. While it is entirely possible to manage all of this on your own using spreadsheets or some other method of documentation, it is far easier to maintain everything in a centralized location. This way, you'll have access to all of the data you need within a single application, and there will be minimal risk of transcription errors as you move data from place to place for analysis.
How is dispensary software different from other business software?
Dispensary software is designed specifically for businesses in the cannabis industry. It is true that many aspects of operating a cannabis business are similar to operating any other business, but there are also aspects that set it apart. In particular, you'll have to ensure your company is complying with all necessary regulatory requirements, especially when it comes to transporting your products across state lines, if necessary. Our software can help you stay up-to-date on the latest changes in cannabis law and help your business schedule and record compliance activities.
What can I do with all the data the dispensary software provides?
CannaTrax dispensary software is equipped with robust reporting capabilities to help you understand your business in greater detail. With the reports, you can analyze what your customers are and are not buying and when so you can tailor your offerings to better meet their needs. The more you know about your customers' behavior, the easier it will be to make accurate predictions regarding the future direction of your company.
How do your merchant services work?
Many cannabis businesses only accept cash payments due to legal complications with traditional banks. Not only is this physically risky, but it also makes it more challenging to track purchases and other customer data. With our merchant services, you'll be able to accept credit cards, debit cards and other electronic forms of payment. Our processing fees are more affordable than those offered by many other payment processing services, and we offer discounted rates for clients who utilize our dispensary software.
What if I still have more questions?
Our team is always happy to answer any questions you may have about our dispensary software and merchant services for cannabis businesses. We want you to have all the information you need to make an educated decision about partnering with us. We will gladly book you in for a free consultation with one of our friendly representatives to discuss your needs and goals in greater detail. This way, we can customize our software for your unique cannabis business.
We invite you to reach out to us at any time with your questions. Get in touch today to learn more and get started.