Meadow already provides:<\/p>\n
- \n
- Online and mobile ordering<\/li>\n
- Delivery logistics<\/li>\n
- In-store point of sale<\/li>\n
- Inventory management<\/li>\n
- Returns and discounts<\/li>\n
- Patient intake and registration<\/li>\n
- Analytics<\/li>\n
- Security<\/li>\n<\/ul>\n
Today Meadow launches that final piece of its marijuana dispensary software suite: loyalty. It lets ganja buyers earn points for shopping at the same place, which they can redeem for cash back, discounts, free products and prizes. Customers can earn and apply points in-store or online, and track how many they\u2019ve racked up at all of Meadow\u2019s vendors. It could be especially helpful for sellers who want to get rid of pot before it goes stale or another shipment comes in, without screwing with their public pricing.<\/p>\n
\u201cThe ability to accrue points gives the dispensary a tool to build a deeper relationship with the customer,\u201d says Meadow co-founder David Hua. \u201cWe\u2019ve seen a lot of dispensaries fail at managing a loyalty program. Creating one is easy, tracking it with inventory and your reporting often can be super onerous for the operator.\u201d<\/p>\n
![\"\"](\"https:\/\/i0.wp.com\/rsoftsolution.com\/blog\/wp-content\/plugins\/RSSPoster_PRO\/cache\/56077_11666213_10153095979578687_6152841182923894901_n.jpg?resize=375%2C376&ssl=1\")
<\/p>\nMeadow co-founder, CEO and smoker David Hua<\/p>\n
Hua is a stoner, no doubt. But Meadow\u2019s CEO is also a shrewd businessman who won it TechCrunch\u2019s 2015 Crunchies award for best bootstrapped startup<\/a>, led it through Y Combinator<\/a> and raised its $2.1 million seed round<\/a> last year. Operating out of a warehouse in San Francisco\u2019s Mission District, pungent smoke often wafts in from the courtyard of Meadow HQ. Its willingness to serve as a community hub and event space has established Meadow as the commerce layer connecting players in the burgeoning legal pot business.<\/p>\n
Meadow frequently gets compared to fellow weed software startup Eaze. While both run a virtual doctor\u2019s office where you can get prescribed marijuana over video chat, and both offer an aggregated online storefront and delivery logistics service, that\u2019s where the similarities end.<\/p>\n
Eaze has aggressively raised more than $24 million<\/a> for marketing in a bid to become the Uber for weed, organizing deliveries without formally employing the couriers. But Hua sees that as a more generic piece of the marijuana commerce puzzle that could get commoditized. It\u2019s the hardcore back-end office software for navigating heavy regulation that\u2019s harder to copy, but critical for running an upstanding pot business.<\/p>\n
![\"\"](\"https:\/\/i0.wp.com\/rsoftsolution.com\/blog\/wp-content\/plugins\/RSSPoster_PRO\/cache\/56077_meadow-platform-software_loyalty-1.png?resize=640%2C480&ssl=1\")
<\/p>\nMeadow\u2019s point of sale software lets marijuana dispensaries offer loyalty programs<\/p>\n
Meadow\u2019s vision is that if a dispensary relies on it for everything from scanning bar codes on jars of weed in their store to securely storing patient medical data, they\u2019ll tack on its online storefront and delivery logistics for convenience sake.<\/p>\n
That plot is panning out. Despite having raised just $2.1 million in April 2016<\/a>, Hua says \u201cWe still have plenty of runway. We\u2019re good on funding.\u201d In fact, now that the 10-person startup can serve 70 percent of California counties that allow medical marijuana, Hua tells me Meadow is \u201cgetting close to profitability.\u201d<\/p>\n
The pot market is poised to get much more exciting as marijuana becomes legal for all adults in California at the start of 2018. \u201cLooking at Colorado, Washington, Nevada [where weed recently became recreationally legal], those markets tripled, quadrupled, 5Xed over night. We expect to have a nice multiplier.\u201d While only focused on California for now, Meadow has enormous growth potential as more states decriminalize.<\/p>\n
![\"\"](\"https:\/\/i0.wp.com\/rsoftsolution.com\/blog\/wp-content\/plugins\/RSSPoster_PRO\/cache\/987d2_green-door_meadow-platform-software_intake-21.jpg?resize=640%2C403&ssl=1\")
<\/p>\nA customer checks out using Meadow\u2019s tablet-based point-of-sale software<\/p>\n
Legalization brings challenges too, though, as regulations change, competition increases and more established businesses try to muscle in on the weed trade. That\u2019s why Hua has raced to bring in best practices from outside of the pot world, watching how Square, Belly, FiveStars and other commerce platforms handle point-of-sale and loyalty.<\/p>\n
With the end of any prohibition comes massive opportunities for new ventures. Some jumped into holding and selling weed themselves. Others like Eaze have vied to handle how it gets to your door. But Meadow<\/a> has taken the unsexy path of building serious commerce software. As weed finally becomes a serious business in 2018, all that time coding could blossom into a very sticky service.<\/p>\n
\t\t\t<\/p>\n
Article source: https:\/\/techcrunch.com\/2017\/08\/02\/buy-weed-online\/?ncid=rss<\/p>","protected":false},"excerpt":{"rendered":"
Marijuana legalization is sweeping the nation, and The Green Rush is upon us. As pot sellers scramble to comply with complex regulations, one startup has built the full-stack of specialized <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[17],"tags":[23],"class_list":["post-7822","post","type-post","status-publish","format-standard","hentry","category-networking-and-communication","tag-network-and-communication"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t