Pharmacy U news

When your exit plan takes a detour – look out for the 4 Ds. The long-term goal of most pharmacist-owners is retirement. It is the significant component of an exit strategy and the most common reason for selling their pharmacy. But, in the real world, events do not always follow our best-laid plans.

What's the difference between a survivor holder (also known as successor holder) and beneficiary? Canadian pharmacy owners and pharmacists in general should be aware of an important wrinkle associated with Tax-Free Savings Account administration.

What do you feel when you hear Amazon Pharmacy is coming to Canada? Fear? Frustration? Annoyance? Perhaps you feel excited because you are curious to try the service?

This is the magic of the rubber band. It only works when it is stretched! Its real value is realized when it is stretched. And you know what? The same is true for you and me. We provide more value and we become more valuable when we are stretched, just like a rubber band!

As many readers know, we have a passion for preparing the next generation of pharmacy owners and investors.

Early detection is the key to effective management of dementia. For starters, if testing is done early enough, patients might learn that their memory loss results from vitamin B12 deficiency or other conditions that can be fully or partially reversed.

So far, during my pharmacy career, I have had the privilege and honour to work in about 30 different pharmacies, visit hundreds more, and speak with thousands of pharmacists at various meetings and conferences. One thing I often run into is a resistance to change.

With COVID travel restrictions being gradually lifted, more and more people are making travel plans either within or outside of Canada. That raises questions when it comes to patients with medical cannabis.