FAQ - MJstack
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We’re here to help you cut down your time spent on tedious vendor evaluations while providing the no BS answers you need. Our goal is to give you the blueprint for building a totally customizable and functional cannatech stack that works for your business, not the other way around. We tell you what you need to hear, not just what you want to hear. You can always count on our transparency and honesty when it comes to evaluating the vast pool of cannabis technology vendors to keep you from going down the wrong path. As your in-house cannabis experts, our free service is designed to make your life easier so that you can focus on your passion — your business. And we do it all for free! Our clients come to us for the aha moments. Check out some of our customer testimonials to see for yourself.
Nothing! MJstack is completely free service for any legal cannabis operation. Consulting fees are only applicable to technology vendors.
This is an extremely common question without an easy answer. There simply is not one best-in-class solution for the entire cannabis industry. There is, however, a best fit solution for your business, determined by your specific market needs and regulations, your unique business model (i.e. mom and pop, delivery only, large MSO), along with other considerations like your unique SOPs or data requirements. Only after learning more about your business, would we be able to make this recommendation with confidence.
The technologies that service other retail verticals are not built to handle the nuances of the cannabis industry. Every aspect of your cannabis business is regulated, down to the exact weight of the flower that spilled out from the joint you rolled. From managing your inventory to tracking your waste, to calculating customer purchase limits, your software needs to be able to assist you in staying compliant. Mainstream tech vendors simply aren’t set up for the complexities of cannabis.
As the industry has grown so too have the number of options available to cannabis owners and operators for taking cashless payments. The two most common methods are in-store payments and online digital payments. Depending on your business model and priorities, one method might make more sense for your operation. That’s where we can come in and help you identify which one is the best for your business, and then match you with the right tech partners. But no matter which cashless payment method you choose, you’ll still need a reliable, verified banking partner to support you.
While large federal banks are still restricted from supporting cannabis businesses, private banks and credit unions across the country are opening their doors to cannabis companies. You are now able to operate safely and comfortably, and even have access to cash couriers, lending, and more! Schedule your consultation today and find a bank that is right for you in your market.
The short answer is, it depends! While you don’t need a vertically integrated solution, you might want one based on your specific business goals, growth plans, and efficiency needs. You’ll need to decide on a few things first to inform the right software decisions. Do you plan on expanding into new markets? Are you going to add manufacturing to your business operations? Do you have future plans to sell your business? What is the square footage of your facility? We can help you get clear on your business and decide which software strategy is right for your business model — at no cost to you. Schedule your consultation today.
Services like Weedmaps do not replace the need for a website. We highly recommend having a well-designed website that represents your authentic brand. You can even integrate your favorite eCommerce platform so your live inventory is available to your online customers. If you want to maximize visibility, show off your brand’s character and creativity, attract more loyal customers, AND pay less, you may consider going the organic SEO route. Many dispensaries do both. What’s best for you will depend on your budget, market, and business model. Let us know more about your business, and we can help you decide which is best for you. And check out our blog for more information on this topic.
This is a question we get a lot and for good reason! The most important place to start is with a reliable and compliant point-of-sale (POS) partner for your retail operation. But there is no right or wrong answer here. When building your cannatech stack, it’s important to customize it for your business. The solutions and tech partners you choose will depend largely on your business model, when you plan to be operational, what market you’re in, if you plan to offer delivery services, and so on. Schedule your free consultation and we can help provide more clarity and direction on which cannatech solutions make sense for your unique needs.
It’s definitely the more appealing route on the surface, but what you have to remember is that you need to think long-term for your business. Instead of focusing purely on the price tag, keep in mind it’s much more important to focus on market fit, reliability, and speed when choosing a technology solution. This is a fast-growing industry and cheaper solutions may not have the resources available to accommodate an ever-evolving market. And as your business inevitably grows, you need to make sure that your tech solutions scale with it. Having to switch to new solutions or vendors down the road will only add to your balance sheet and could end up costing you more. We can help you evaluate the right cannatech partners for your budget and business needs. Schedule your free consultation today.
If you’re planning to expand your business to another state you need to brush up on the different regulations and requirements mandated by every market. A lot of systems out there will not provide the same experience in every state. That’s why it’s really important to get clear on which markets you’re focusing on and then find the right technology providers that can give you the proper visibility, enterprise reporting, and management capabilities you need to stay compliant and operable across state lines. This might require a re-evaluation of your current solution to ensure it can accommodate entry into new markets. If you’re not sure where to start, that’s what we’re here for. Our free consulting service can help point you in the right direction with guidance and support every step of the way.
If you’re interested in becoming a service, software, or referral partner of MJstack, please fill out the Partner Inquiry Form.
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