Find the best Dispensary Software
Compare Products
Showing 1 - 20 of 52 products
Sort by
Reviews: Sorts listings by the number of user reviews we have published, greatest to least.
Sponsored: Sorts listings by software vendors running active bidding campaigns, from the highest to lowest bid. Vendors who have paid for placement have a ‘Visit Website’ button, whereas unpaid vendors have a ‘Learn More’ button.
Avg Rating: Sorts listings by overall star rating based on user reviews, highest to lowest.
A to Z: Sorts listings by product name from A to Z.
MultiFlex RMS
MultiFlex RMS
MultiFlex RMS General Merchandise is a cloud-based retail management solution for single and multi-location retail stores. Key features include point of sale management, accounting, inventory, staff management, CRM and marketing. ...Read more about MultiFlex RMS
iVend Retail
iVend Retail
iVend Retail by CitiXsys is an integrated POS software application delivered on cloud. Our SaaS platform empowers retailers to provide exceptional customer experiences throughout the entire shopper journey. iVend Retail includes c...Read more about iVend Retail
Lead Commerce
Lead Commerce
Lead Commerce is an integrated order management suite that offers applications like inventory management, merchandise planning, and customer relationship management. The solution helps small and midsize businesses streamline and a...Read more about Lead Commerce
LS Retail
LS Retail
LS Central is a unified POS and ERP software solution built on Microsoft Dynamics technology. It brings together several functionalities in one application such as financials (the Microsoft Dynamics ERP), point of sale (POS), stor...Read more about LS Retail
Agiliron
Agiliron
Agiliron is an all-in-one Retail Management System which allows you to manage all orders, inventory and CRM records, from all channels, in one place. Agiliron also integrates with many of your existing business tools like Quickb...Read more about Agiliron
Pulse Commerce
Pulse Commerce
Pulse Commerce is a cloud-based point of sale (POS) system for small to midsize retailers, including jewelry stores, pharmacies and apparel. Pulse Commerce offers integrated POS, inventory management, customer management (with com...Read more about Pulse Commerce
GoFrugal
GoFrugal
Gofrugal POS is a hybrid point of sale (POS) solution that helps retailers across various industries, to manage their distribution and billing routines and automate financial transactions. The solution can be deployed either on-pr...Read more about GoFrugal
Cova Dispensary POS
Cova Dispensary POS
Cova Dispensary POS is a point of sale system designed for cannabis dispensaries of all sizes. The application offers a touchscreen interface for tablet devices, inventory management, reporting features and more. Because Cova...Read more about Cova Dispensary POS
CashFootprint Point-of-Sale
CashFootprint Point-of-Sale
CashFootprint is a retail management solution that offers point of sale (POS), inventory management, customer management, loyalty programs and reporting. The solution helps small and midsize businesses organize and automate retail...Read more about CashFootprint Point-of-Sale
CannaPoint
CannaPoint
CannaPoint is a retail and production management solution built for cannabis dispensaries. Key features include job cost analysis, inventory, point of sale (POS), production control and state reporting. CannaPoint enables emp...Read more about CannaPoint
Mi9 Retail Suite
Mi9 Retail Suite
Mi9 Retail is a retail management solution suitable for businesses in a variety of industries. Key features include point of sale (POS), inventory management, analytics, e-commerce and order management. Mi9 Retail can be used...Read more about Mi9 Retail Suite
Eleve
Eleve
Bemacash is a cloud-based point of sale (POS) solution that helps users manage day-to-day operations for retail stores, gift shops, boutiques and online stores. The purchase order module allows users to plan and monitor inven...Read more about Eleve
IndicaOnline
IndicaOnline
IndicaOnline is a cloud-based cannabis point-of-sale (POS) solution that helps marijuana businesses and dispensaries process transactions and manage daily operations. Key features include patient and physician verification, invent...Read more about IndicaOnline
Greenline
Greenline
Greenline is a cloud-based retail management solution that allows cannabis dispensaries to manage their point of sale activities. Key features include inventory management, POS registers, sales tracking, reporting and compliance a...Read more about Greenline
Storezigo POS
Storezigo POS
Storezigo POS is a cloud-based accounting and point of sale solution that helps businesses to manage their inventories and provides a built-in billing system. The solution provides e-commerce website integrations, an expenses mana...Read more about Storezigo POS
Kudos Software
Kudos Software
Kudos is a cloud-based retail management solution that offers a suite of modules for charity-based retail stores, as well as furniture sales, boatyards and caravan dealerships. Core modules include point of sale, e-commerce, custo...Read more about Kudos Software
Paladin Point of Sale and Inventory Management
Paladin Point of Sale and Inventory Management
For over 40 years, Paladin Data Corp. has been helping independent retail businesses run better. Paladin point of sale (POS) and inventory management software automates time-consuming inventory chores and provides business owners ...Read more about Paladin Point of Sale and Inventory Management
Retailbean Lite
Retailbean Lite
RetailbeanLite is a cloud-based retail point of sale (POS) solution that caters to small and midsize businesses across various retail verticals. The solution helps users to manage sales, inventory and customer profiles. The P...Read more about Retailbean Lite
QuickBooks Point of Sale
QuickBooks Point of Sale
QuickBooks Point of Sale is a retail point of sale system suitable for various small businesses such as clothing and shoe stores, small franchises, sporting goods stores and gift shops. It offers inventory and customer management ...Read more about QuickBooks Point of Sale
RetailMagic
RetailMagic
RetailMagic is an on-premise retail management solution for small and midsize retail and service businesses, such as pet stores, interior designers, giftware stores and more. It provides an integrated RMS solution with built-in fu...Read more about RetailMagic
Popular Comparisons
Buyers Guide
Last Updated: March 16, 2023Being heavily regulated, the cannabis retail industry poses a number of challenges for the owners of medical or recreational dispensaries.
The sheer number of regulatory compliance related to security, age restrictions, documentation, packaging and staff protocols make it highly likely that a dispensary owner may miss some rule. This will result in hefty fines or even having your dispensary license revoked.
Dispensary software records all the necessary information digitally, so that you can easily manage industry compliance. It will also ensure that you have access to the required documents and reports during a compliance audit.
To help dispensary owners find the right software for their dispensary, we've written this buyer's guide that covers all the necessary information. Read on to find out about the features of this software, its benefits and market trends that owners should know and follow.
In this guide, we'll cover:
Common Features of Dispensary Software
What Is Dispensary Software?
The demands of a cannabis dispensary are significantly different from those of a general retail business. For this reason, a regular retail management solution will not suffice for a cannabis dispensary. As a dispensary owner or manager, you need dedicated dispensary software to manage your operations.
Dispensary software is a retail management and point-of-sale (POS) solution tailored to the needs of a cannabis retail business. This type of software helps dispensary owners do the following:
Manage inventory for single or multilocation store dispensaries.
Record data, such as age of the buyer and the quantity of purchase, to prepare reports at the time of audit checks.
Schedule store employees and manage shift timings.
Manage dispatch and delivery of inventory and products.
Store transaction data to create real-time financial reports such as profits, losses and expenses.
Reporting dashboard in cannabis dispensary POS tool, Cova (Source)
Common Features of Dispensary Software
In this section, we've covered the key software features that a dispensary software buyer should be aware of at the time of purchase. Thoroughly understand the usefulness of these features in your business to select the right dispensary software.
Compliance management | Get alerts when transactions don't comply with the rules regarding customer age, purchase limits or transaction time (i.e., whether the transaction was made during work hours or not). |
Reporting | Get business reports on sales volume, profit and loss and general accounting. This feature also generates specific reports on compliance management that are important during compliance audits. |
Inventory management | Track the location and status of your inventory in real time. Get real-time insights on stock levels and set alerts for these, so you can reorder before running out. |
Customer management | Keep a record of your customers and their purchase quantities to avoid selling more than the permitted limit. You can store details, such as name, age and location, and use them to flag the store operator if they exceed the limit at any time. |
Customer loyalty program | Reduce your customer attrition rate with a customer loyalty program. Offer benefits and rewards to encourage repeat purchases. |
Multilocation support | Manage your inventory, staff and customers across multiple dispensary locations. This feature is beneficial for dispensary owners who run both medical and recreational dispensaries. |
What Type of Buyer Are You?
When purchasing a dispensary software solution, you need to understand all the necessary compliance requirements so you can be sure to choose a solution that adheres to them. In this section, we're covering three common types of dispensary businesses and the compliance challenges for each type and the software features that address them.
Medical dispensary. The first thing you need to ensure is that all your buyers have a valid medical cannabis card. In addition, many medical marijuana dispensaries are also regulated by the Health Insurance Portability and Accountability Act (HIPAA). Such dispensaries should invest in software that is compliant with HIPAA standards.
Recreational dispensary. These are unlike medical dispensaries, where only medical cannabis cardholders are authorized to purchase products. Recreational dispensaries should conduct the initial eligibility verification process, such as age and quantity of purchase, on their own. For this reason, they need a solution that records customer details such as name and age, quantity of purchase and details of a state-issued ID card, such as a driver's license.
Medical and recreational dispensaries. If you operate both recreational and medical dispensaries, you'll have to manage various compliance rules for different customers. For instance, the legal minimum age for a medical marijuana buyer (in states where purchases are legal) is 18 years old, but for a recreational marijuana buyer it's 21 years old.
The THC content of cannabis products is also different for each type of dispensary. For this reason, dispensary software buyers who operate both medical and recreational dispensaries need a solution with procurement and selling features such as barcode scanning, inventory management and customer management.
Market Trends to Understand
The cannabis retail industry is evolving quickly, and so is the dispensary software space. To keep up with all the advancements in this space, you should be aware of the following market trends:
Fraud detection to be integral in dispensary software. Employee-led theft and fraudulent activities have legal and financial consequences for the business. A recent such incident at a Colorado dispensary resulted in a loss of about $10,000 to the business.
As a result, dispensary software vendors are including fraud detection features such as cash drawer management and employee access permissions. Some software vendors also offer theft-detection in their inventory management module, which alerts dispensary owners about discrepancies in stock levels.
Based on our estimates, vendors will continue to develop and enhance their fraud management functionality to be an exclusive offering in their solutions by 2020-2022.
Dispatching to be an important integration. Integrations with dispatching and fleet management systems help dispensaries track the movement of their products from the farm to the warehouse, and warehouse to dispensary. As cannabis retail businesses grow and sales volume increases—increasing the number of shipments—we expect to see an increase in the demand for dispatching functionality by 2020-2025.
Real-time compliance management to see wider adoption. Marijuana Enforcement Tracking Reporting and Compliance (METRC) integration lets dispensaries share their real-time compliance data with the government's regulatory agencies. This integration saves time and effort for managing regulatory compliance. As it gains popularity and investor funding, we believe that it will see increased adoption by 2020.
Marijuana industry to become e-commerce-savvy. With rapid growth in the number of online buyers, e-commerce is becoming increasingly important for a dispensary. We anticipate an increasing demand for e-commerce integration in dispensary software by 2020.