What’s your ideal tech stack?
In the increasingly competitive cannabis retail sector, constructing the right dispensary tech stack is mission-critical. Your dispensary’s technical infrastructure, along with data management and use, can create a significant competitive advantage when carefully selected and strategically integrated. On the other hand, a haphazardly assembled tech stack without proper attention to integrating multiple systems can severely hamper operations, stemming the flow of revenue and needlessly limiting opportunities for growth.
We looked at five essential components of any retail tech stack: point-of-sale systems, cashless payments, ecommerce solutions, data and analytics, and customer engagement mechanisms. Point-of-sale systems track products for seed-to-sale compliance, offering detailed inventory management, enabling efficient order fulfillment and ensuring items are removed from available stock promptly. Cashless payment mechanisms can increase revenue by offering customers convenience and security similar to what they’re accustomed to in traditional retail settings. Ecommerce solutions provide online shopping capabilities. Data and analytics services help dispensary owners understand and use industry-wide data for inventory management and marketing. Customer engagement systems assist in creating customer loyalty and increasing spend.
For more information about each component and how to design a tech stack that meets your business’s unique needs, see “What’s Your Ideal Retail Tech Stack?”
Below are the top-rated tech-stack providers serving the cannabis industry retail sector.
Cannabis Industry Retail Technology Providers
|COMPANY/PROVIDER||SOLUTIONS & OFFERINGS|
|Cova||Point of sale, payments, ecommerce, customer engagement|
|Cova’s POS system incorporates not only typical point-of-sale functions but also a built-in ID scanner and age-verfication system, customer queue management, and on-demand deep-dive product information. Cashless payment tools offer customers options, and an offline mode ensures all purchase information is collected and retained even when Wi-Fi connections hiccup. Inventory tools help automate time-consuming manual tasks. An onboard loyalty program can help turn first-time shoppers into frequent customers by allowing instant points redemption and automatic member-specific discounts, and an integrated data analytics package helps owners and managers visualize performance across the business as a whole. Optional ecommerce integration.
|365 Cannabis||Point of sale, customer engagement|
|Alpine IQ||Data, customer engagement|
|BLAZE||Point of sale, ecommerce, payments|
|BioTrack||Point of sale, payments|
|Dutchie||Point of sale, payments, ecommerce, customer engagement|
|Flourish||Point of sale|
|Flowhub||Point of sale, payments, customer engagement|
|Happy Cabbage Analytics||Data|
|High Yield Insights||Data|
|Jane Technologies||Point of sale, ecommerce, payments|
|Mariner Business Solutions||Point of sale, customer engagement|
|Meadow||Point of sale, customer engagement|
|MJ Platform||Point of sale|
|New Frontier Data||Data, customer engagement|
|POSaBIT||Point of sale, payments|
|Proteus420||Point of sale|
|Treez||Point of sale, payments|
|Vende||Point of sale, ecommerce|
|Weedmaps||Ecommerce, customer engagement|