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 * CHALLENGES
 * STATS
 * CASH SOLUTIONS
 * SOFTWARE OVERVIEW
 * WHO ITS FOR
 * BOOK CONSULTATION

Menu
 * CHALLENGES
 * STATS
 * CASH SOLUTIONS
 * SOFTWARE OVERVIEW
 * WHO ITS FOR
 * BOOK CONSULTATION

 * CHALLENGES
 * STATS
 * CASH SOLUTIONS
 * SOFTWARE OVERVIEW
 * WHO ITS FOR
 * BOOK CONSULTATION

Menu
 * CHALLENGES
 * STATS
 * CASH SOLUTIONS
 * SOFTWARE OVERVIEW
 * WHO ITS FOR
 * BOOK CONSULTATION


CANNABIS CASH MANAGEMENT SOLUTIONS


ARE YOU A DISPENSARY MANAGER?



Be in total control of your cash. With a dispensary management software system,
cash goes from the till into a vault and then it’s prepared for pickup. Managing
dispensary operations has never been easier than with 24/7 visibility into your
cash position across all locations.

CashTech Currency offers cash management solutions and dispensary management
software systems for the CBD and cannabis dispensaries. Our wide selection of
smart safes and cash recyclers integrated with cash management software will
give you greater control over your dispensary’s cash.

Book A Call to Learn More


CANNABIS CASH MANAGEMENT CHALLENGES

As a cannabis dispensary manager, you face high volumes of cash transactions,
which can not only put your dispensary at greater risk of theft but can also
become a logistical nightmare. Manual cash handling is associated with higher
labor costs, human error, and wasted time.

In this cash-intensive industry, how a cannabis dispensary manages cash can have
a significant impact on its profits. You need a multi-site cannabis cash
management plan and the right cash management technology to secure your cash,
streamline dispensary operations, and gain cash insights.




CANNABIS CASH MANAGEMENT BY THE NUMBERS

ROBBERY IS A REAL RISK IN THE CANNABIS INDUSTRY

One in every two cannabis dispensaries has been robbed or burglarized, with
the average theft accounting for $20,000 to $50,000 (Wharton School of Business
Public Policy Initiative).

CASH VISIBILITY IS CRITICAL TO BUSINESS SUCCESS

Understanding a company’s cash
position is key to the success of a business and concerns relating to it are so
prevalent that 70% of business leaders know their exact cash balance. (BDC
Viewpoints Study).

HIGH COST OF
CASH HANDLING

The cost of cash handling can range on average from as low as 4.7% of cash to
over 15% of cash (IHL Group).


CASHTECH CURRENCY’S CASH MANAGEMENT SOLUTIONS FOR THE CANNABIS SECTOR

We offer a variety of cash management solutions for the cannabis sector that
enable dispensaries to keep their cash secure and gain real-time
visibility into cash flow. At the same time, automated cash handling will
reduce the costs, time, and errors associated with manual cash handling.

Our heavy-duty smart safes and cash recyclers can be integrated with advanced
cash management software that allows you to track cash movements,
monitor/predict cash volumes, and view cash trends. Automated cash handling and
cash insights provide an audit trail, so you know exactly how much cash you have
on hand at all times. For multi-site dispensary managers, the dispensary
management software system offers a view into cash activity and smart safe vault
contents per individual store, which is a game changer as it relates to managing
a dispensary’s cash on hand and cash forecasting.


SOFTWARE OVERVIEW

CASH ANALYTICS

Data around the movement of cash from tills to vault holdings

Allows you to manage day-to-day operations, including cash balances,
reconciliation, and deposit reporting

CASH FORECASTING

Insights into trends to forecast your cash needs and replenishments

Allows you to see cash on hand and what you need on a frequent basis to operate

CASH STATUS

A view into your available cash on hand and frequency of denomination usage

Lets you see your cash position and your most in-demand notes and coins, so you
always have enough cash on hand

DEVICE MANAGEMENT

A view into the health of your device network

Immediately determine the health of your devices, remotely troubleshoot
technical problems, and get back online faster

CASH LOGISTIC

Insights and reports into your cash ordering information 

Allows you to schedule and forecast pickups, as well as coin and note
orders/replenishments

USER TRACKING

Audit trails and reconciliations based on user profiles

Allows you to determine who in your organization has been using the device,
when, and for which purposes


WHO IS CANNABIS CASH MANAGEMENT TECHNOLOGY RIGHT FOR?

DISPENSARIES WITH HIGH-VOLUME TRANSACTIONS

Automated cash management solutions are ideal for cannabis retailers that
process large volumes of cash transactions in a day. The more physical cash you
handle in a day, the higher your risks and costs.

CASH-HEAVY CANNABUSINESSES

If your clientele primarily pays in cash, it’s a good idea to have a cannabis
cash management plan and automated solutions that can help you secure, track,
and manage your cash.

MULTI-SITE DISPENSARIES

Own multiple dispensaries? Consolidate your cash insights and gain more
visibility over your cash. With a dispensary management software system, you’ll
know exactly how much cash you have in each store.

THEFT-HEAVY AREAS

If you’re located in an urban theft-heavy area, a dispensary management software
system can help keep your dispensary, cash, and employees safe. Our heavy-duty
smart safes and cash recyclers will ensure your cash is locked up securely on
site to reduce your risk.


BOOK A CONSULTATION TODAY

Take the first step to greater cash control and visibility. Our cash management
experts are available to help you choose and implement the right cannabis cash
management solution and dispensary management software system.




NAVIGATION

 * Cannabis Cash Management Challenges
 * Cannabis Cash Management by the Numbers
 * Cash Management Solutions for the Cannabis Sector
 * Cash Management Software Overview
 * Who Is Cannabis Cash Management Technology Right For?
 * Book a Cash Management Consultation

CONTACT

CashTech Currency US Office
3500 Willow Lake Rd, Suite 200
St. Paul, MN 55110
USA
CashTech Currency Canadian Office
1040 Cardiff Boulevard
Mississauga, ON
L5S 1P3
Canada
TF: 1-800-268-5457
Ph: 905-696-8102
Fax: 905-696-0733
info@cashtechcurrency.com