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The 144-page report, compiled by the Cannabis Regulation Oversight Office (CROO), incorporates data from several state departments. This article focuses on the Department of Financial & Professional Regulation (IDFPR) portion of the report, which touts FY2024 as “a year of explosive growth in the cannabis industry” in Illinois.
information comes available such as supplier pricing, stock changes, running costs, accounting. The ERP operates as a system, collecting data in real time and connecting it all together for your. Access Control. Since the ERP is equipped with all of the company’s information, the access to data is controlled.
Let’s take a closer look at five key ways big data and technology are directly impacting the industry. Big Data Streamlines the Marijuana Regulatory Process and Helps Close the Scientific Research Gap. Therefore, the growing marijuana market lacks the clinical data needed to help marijuana businesses create new and better products.
Editor’s Note: This following blog is an excerpt from an article that appeared in the March/April 2019 issue of Terpenes & Testing Magazine. View the full article. . Whole Genome Data. When it comes to sequencing your cultivar’s genetics for IP purposes, the more data the better. Sequencing Methods.
When Oregon voters passed Measure 109 in 2020, to create a legal framework for access to psilocybin services, the ballot initiative explicitly prevented the government from collecting that sensitive personal information without consent. […]
Big data and technology have become critical to a wide variety of industries in recent years, and the cannabis industry is no exception. Through advanced data collection and the application of sophisticated algorithms, usable data is now available to help marijuana businesses: Predict trends. Met consumer demands. Reduce costs.
The second announcement (see previous article for first announcement ) focused on the implementation of a paperless registration system for cannabis businesses. Historically, these processes have been paper-based, creating inefficiencies in data management and submission. What Does the Online Transition Mean for Cannabis Businesses?
Drilling down into the cannabis trademark landscape in 2018 uncovered a heavy focus on goods in Classes 34 (smokers’ articles) and 5 (medicines/pharmaceuticals), as well as Nice classes relating to food and drink products. Smokers’ articles. Smokers’ articles. TS Brandco Inc. Dutch Passion Holding BV. Edible oils.
There’s no doubt that the amount of information that is available about cannabis is at an all-time high – in 2020 alone, over 3,500 scientific articles were published on the topic. Research funding is also up, and all of this data influences how we see, think and hear about the plant and its effects.
This article was originally published on Analytical Cannabis and appears here with permission. . Patients can also access CBD products without a prescription through local pharmacies. In a new survey of German patients with Parkinson’s disease, 8% of patients reported using cannabis products.
WORCESTER —On the eve of Wednesday, September 1, the Cannabis Control Commission (Commission)’s fourth birthday, adult-use Marijuana Establishments in Massachusetts surpassed $2 billion in gross sales , according to information reported in the state’s mandatory seed-to-sale tracking system, the agency announced today.
Bottom-line, it’s extremely difficult to stay competitive in any industry today without a customer relationship management (CRM) system in place, and the data proves it. You can use that information to identify your best customer profiles and more effectively target matching leads through your marketing initiatives.
The nearly 3,000 participant study will capture and publish the most comprehensive data ever collected on CBD product effectiveness from 13 commercially available U.S. Radicle ACES is Institutional Review Board (IRB) approved and will capture CBD effectiveness data directly from nearly 3,000 study participants.
This is also an opportunity to grow our workforce and expand access to job training and education for so many people.” According to an article in the Detroit Metro Times, Michigan’s cannabis market is on track to hit the 1 billion dollar milestone California achieved back in 2017. California holds the number one spot.
The team that conducted the study looked at stock return and prescription drug sales data for 556 pharmaceutical companies. The researchers stated: “By expanding access and, thus, use, legalization could permit cannabis to compete with conventional pharmaceuticals. For more information on this, be sure to check out this article.
In this article, we’ll delve into the newest research findings and explore how medicinal cannabis could revolutionize cancer pain management and reduce reliance on opioids and other medications. Note: The content on this page is for informational purposes only and is not intended to be professional medical advice.
Giving new information. . Qualitative and Quantitative Research: Qualitative research aims to use the social sciences to “collect, compare and interpret information”, while quantitative research aims to use “mathematical, statistical and computer-aided tools” to collect and measure the data. .
We don’t usually report these pieces but as it is in the FT the information is probably worth the once over. The world’s largest cannabis ETF, the US-listed ETFMG Alternative Harvest, which has $673m of assets according to data compiler ETFGI, lost 28.5 Read the full article at [link]. per cent last year.
The feds are looking for information on how cannabis and/or Kratom might treat pain. The AHRQ is hoping to gather information on four specific questions in particular. The AHRQ told media, “Some data suggest that cannabinoids may have analgesic properties, though research in this area is mixed. A Statement from the AHRQ.
All seed-to-sale tracking systems must be able to interface with the State’s track and trace system, provide the DHSS with access to all stored data, and assure confidentiality of patient information and records. Randal Williams, et al. The State claims no wrongdoing.
adults (14%) use CBD-infused products, which have only be legal and more readily accessible since the 2018 Farm Bill passed in December 2018. Based on the data from the study, the breakdown of why U.S. Let’s take a closer look at what CBD brands can learn from the data. According to a recent study by Gallup , one in seven U.S.
Many legal cannabis suppliers and retailers are being forced to operate in a cash-intensive market due to federal laws that limit access to traditional banking. But there is a general lack of understanding for the new industry and limited data on performance that could be contributing factors. There could many reasons for this.
The data from numerous research studies speaks for itself: Sales increase by 29% for businesses that use CRM. For leads in the middle of the funnel, your goal is to engage them with useful, interesting information and messages that keep your brand top-of-mind and build trust in your brand. . Source: Salesforce). Source: Cloudswave).
As reviewed in a recent Forbes article, “a study of more than 400 health care professionals has revealed that most physicians lack knowledge of medicinal cannabis, with 65% saying that they have been asked about medical marijuana as a treatment for chronic pain but were unable to answer their patients’ questions” (1).
Kevin Potter taking responsibility for the integrity and accuracy of the data. a necessary question to address as medical marijuana becomes more accessible. Missing Information. While lengthy, there is a surprising amount of missing information in the study. Does the Data Justify the Conclusions?
Cannabiz Media recently spoke with Tony Repanich, President and Chief Operating Officer at Shield Compliance, to learn more about how he and his team use the Cannabiz Media License Database to support their business development, data intelligence, and license verification processes. View original article.
We also touch on the changing habits of consumption and our theory as to how this data will affect the future of cannabis. has written an article about how to manage consumption during quarantine which sheds some light on managing your consumption but largely compares it to alcohol. Since quarantine how are people accessing cannabis?
Data obtained through a freedom of information request to drugs regulator the Therapeutic Goods Administration (TGA) revealed the age of those prescribed the drugs, the reason for prescribing, and the state or territory where the prescription was made. Read their full article at. of prescriptions were for sleep disorders.
At long last the Georgia Access to Medical Marijuana Commission chose six companies that will be allowed to grow, manufacture and sell medical marijuana oil capped at 5% THC. Ed Keating is a co-founder of Cannabiz Media and oversees the company’s data research and government relations efforts. View original article.
Marijuana Business Daily had a great article recently (citing our data) with insights from a local license holder who pointed out, “ You have to fill that store with product, pay rent or mortgage, hire employees. View original article. Add the tremendous competition, and it’s a hard business to be in.”
Fortunately, there are a number of websites that keep updated information about state cannabis laws and rules. That means you don’t necessarily have to visit each state’s regulatory websites and read through pages and pages of legal code to get the information you need. . License types. Licensing fees. Licensee residency requirements.
Dr. Bankole Johnson was featured in a March 5 th 2021 Forbes article, “Dr. Our main product is the Ehave Dashboard which is a mental health informatics platform that allows clinicians to make objective and intelligent decisions through data insight using Blockchain technology. Forward-Looking Statement Disclaimer.
Cannabis is public access for the first time, and to celebrate, Harvest is paying tribute to DIYers of all stripes. What better forum is there for the amateur & unorthodox than Public Access television? Text and data rates may apply, please see your phone carrier for more details. View original article.
Some issue broad tiers, others provide no information, and still others issue their cultivation licenses based on plant count. Here’s how the 282 acres stacked up by license type: Figuring out cultivation size nationally is probably more art than science given the data gaps that exist. View original article.
Please note all articles published by Cannabis Law Report contain opinions by our external contributors and are not necessarily the views of this publication. Cantonization – California – Cannabis – We have been looking forward to writing this article for a number of reasons. . “ aBIZinaBOX Inc.,
A key reason that Green Check Verified subscribes to the Cannabiz Media License Database is for access to comprehensive information about market sizes and opportunities. There is a perception versus reality out there that the information in the License Database helps us address.”. The information is available.”.
In addition, several other studies suggest that legalizing access to marijuana is actually associated with decreased: Crime Opioid overdose Mental illness rates Gone are the days when cautionary tales run rampant. How Several Sources of Data Were Used in the Research In 2019, an estimated 48.2 1, 2003, to Dec. 1, 2003, to Dec.
Those policy areas include public safety concerns, youth prevention, minority access to the industry, and national standards on product testing and pesticides. The group plans to compile data and research, and to release white papers on these policy issues that can be used to inform lawmakers. View original article.
Deal size aside, we wanted to share what we look at on the data side when a public company or MSO announces a deal. Cannabiz Media strives to provide timely, accurate and comprehensive information about the licensed entities in the cannabis marketplace. View original article. Background. Why Is This Important?
In this episode of The Cannabis Enigma podcast, Matthew unpacks how that lack of information negatively impacts the industry. The Cannabis Enigma is a co-production of The Cannigma and Americans for Safe Access. It’s so obvious that there’s such a lack of good information, which has been available to these folks. Music by Desca.
Existing Software Vendors : Software providers can get competitive and business intelligence from the report as well as information to help find future partners and acquisition candidates. Using the available data compiled by our research team, we developed a Cannabis Software Stack Market Map shown in the image below. Don’t forget!
A new article by Joe Mozingo of the Los Angeles Times delves deeper into Barry Brand’s marijuana operation and how it ties into botched legislation and approvals by County Supervisors. Brand Farms was expected to be the model for legal cannabis growing in Santa Barbara County until it was raided.
Ed Keating is a co-founder of Cannabiz Media and oversees the company’s data research and government relations efforts. He has spent his career working with and advising information companies in the compliance space. Cannacurio is a weekly column from Cannabiz Media featuring insights from the most comprehensive license data platform.
The article also highlights Hemp, Inc. a publicly traded company he founded to help create a better world,” the article reports. “Mr. To read the Microcap Daily article, click here. OTCMKTS: HEMP).”. CEO Bruce Perlowin’s role as the subject of the No. 1 most watched CNBC documentary of all time “Marijuana Inc.”.
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