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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.
The Illinois Department of Agriculture (IDOA) recently released two press announcements dealing with new online portals for cannabis businesses. The second announcement (see previous article for first announcement ) focused on the implementation of a paperless registration system for cannabis businesses.
LogicKit cannabis delivery brings integrated solutions to cannabis business owners. With multiple options for marketing, data capture and white-glove onboarding, LogicKit helps cannabis business owners dream bigger for their business.
regulators must see and ties to most of your businesses. ordering, logistics, manufacturing, quality control (QC), quality assurance (QA), maintenance, reporting and business intelligence. The ERP operates as a system, collecting data in real time and connecting it all together for your. Furthermore, principally important to.
CBE have published the following article. Read the full article at. From data-related class action concerns to security disclosures and labeling issues, cannabis companies may see themselves facing class action filings. Here are a selection of the highlights. Increasing Cannabis Class Action Risks.
Data-Breach Concerns Rise As New York Launches Adult-Use Cannabis Program – Cannabis Business Executive – Cannabis and Marijuana industry news.
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Covid Vaccines Highlight How Real-World Data Could Be Used In Cannabis Medicine – Cannabis Business Executive – Cannabis and Marijuana industry news.
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Greg Kaufman of Eversheds Sutherland outlines the key provisions and urges lawmakers to consider data collected at the state level to get it right. In practice, Section 280E does not allow state-level legal cannabis businesses to deduct ordinary business expenses when determining gross income from the sale of inventory.
THE UK’s first National Health Service patients registry will start collating data from Thursday this week in a significant move for medical cannabis in the country. However, with the database not yet available to the nation’s private clinics there are concerns over the quality and volume of data it will garner.
(CSE: MXT) (OTCQB: MXTTF) aims to address these problems by pairing biometric interviews with brainwave data to create a proprietary mental health reference database. Using machine learning algorithms and qualified practitioner input, the company is leveraging that data to build tools that deliver digital diagnostic opinions.
This provision is colloquially known as the “Drug Preclusion Provision.”. “…a product that contains an article that is an approved new drug or licensed biologic cannot be a dietary supplement unless the article was marketed as a dietary supplement or as a food before its approval as a new drug or licensing as a biologic.
The shifting legal and regulatory framework has had an impact on businesses’ trademark strategies in both countries, with brand owners having to act quickly and think ahead to ensure that their rights are protected. The downward trend in application levels also has to do with a shift in business strategy. Smokers’ articles.
This article by Cannabiz takes a look at what’s happening and suggests some solutions. Regulations passed leading up to opening the state’s adult-use market in 2018 allowed large businesses to exploit a loophole and obtain as many cultivator licenses as they could afford. Read full article at. Here’s a snippet.
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. Let’s take a closer look at the top 10 ways cannabis businesses and cannabis-related businesses can benefit from CRM. Boost Employee Productivity.
Ten Years Of Patient Data Supports Israeli Company’s Global Expansion – Cannabis Business Executive – Cannabis and Marijuana industry news.
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billion in total cannabis sales thus far in 2021 (according to New Frontier Data). View original article. The post HEXO Achieves Carbon Neutrality – Cannabis Business Times appeared first on SpeedWeed. “That yield, the money we’re talking about there, is realizable very quickly.”.
Big data and technology have become critical to a wide variety of industries in recent years, and the cannabis industry is no exception. Today, databases, predictive analytics, artificial intelligence , and machine learning are having widespread effects on cannabis businesses, investors, regulators, and consumers. Met consumer demands.
–(BUSINESS WIRE)– #AI –The value of GATC Health ’s AI-powered approach to genomics continues to gain attention as a solution for rapid drug discovery and highly accurate diagnostic tools. IRVINE, Calif.–(BUSINESS
The plan follows two reports to Congress last year (which the Perkins Coie Cannabis Industry Group has previously written about here and here ) on the safety and labeling of products containing cannabidiol (CBD) and a public statement from outgoing FDA leadership in early 2021 seeking better data for a better understanding of CBD safety.
What are investors looking for when they consider investing in cannabis businesses today, and what are the biggest mistakes companies make when trying to attract investors and secure funding? What Cannabis Business Investors Want. Other top considerations included the business plan, past performance, and future potential.
WHILE Italy is both one of the earliest and largest medical cannabis markets in Europe, new data has revealed the ongoing inability of its system to ‘serve patients’ needs’. Read full article. The Italian Military’s Monopoly On Medical Cannabis Production Is Strangling Market Growth New Data Suggests. Undersupply.
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. Publish to the Blockchain.
It’s common to see articles these days related to the positive economic impacts of hemp legalization. Most of these articles focus on job creation, opportunities for farmers, or opportunities for businesses chasing the CBD craze.
Editor’s note: This article is a modified version of a comment to the USDA written by Marion Snyder, PhD , Chief Scientific Officer of Clearwater Biotech. In this article, Dr. Snyder distills her analysis of hemp testing during the 2018 and 2019 growing seasons. HEMP VIABILITY. Figure 1, below, shows the distribution of ?9-THC
There are five important “categories,” that require company leaders’ utmost focus and attention as they launch a compliant cannabis business in a newly legal state. Non-compliant businesses face the risk of being shut down and attract negative attention to the cannabis industry. Cutting across these categories is the team. Real Estate.
In addition to the array of legal and regulatory concerns about the sale of Hemp CBD products in the EU noted in our above-linked post, the EU’s General Data Protection Regulation (“GDPR”) is something that almost any U.S.-based based company doing business in the EU will need to become familiar with. And it won’t be pretty.
. … An association of marijuana testing labs is calling on the state to release unredacted data from Nevada’s seed-to-sale tracking system amid assertions that certain unidentified labs are inflating THC content readings and giving fewer samples a failing grade in an apparent attempt to attract more business. THE DOCUMENT.
A 2017 survey from Marijuana Business Daily found that 81% of American cannabis business owners and founders were white and 10% of cannabis business founders identified as Hispanic/Latino or Black. of business owners in the industry, per Leafly’s Jobs Report 2021. Many Black cannabis businesses can’t secure funding.
TEL AVIV, Israel–(BUSINESS WIRE)– Similarweb (NYSE: SMWB), a leading digital intelligence company, today released a report highlighting the digital trends shaping this year’s Olympic Games in Tokyo. Upon arriving at the Olympics landing page on espn.com, readers are exploring different articles within, averaging 1.88
California’s attorney general argued in a recent court filing that none of the state’s cannabis businesses operating on provisional licenses are entitled to due process under state law. View original article. The post Most California marijuana businesses have no right to due process, court filing asserts appeared first on SpeedWeed.
Charlotte’s Web took the unusual step of issuing a public response to the refusals, available here , with a link to the company’s also public letter to the FDA here , which responds directly to the agency’s criticisms of the data provided and alleging factual inaccuracies in its response. View original article. Still About Safety.
Data from Marijuana Business Daily’s 2021 Annual Marijuana Business Factbook puts the growth potential of the cannabis industry over the next several years into perspective. According to the data in the 2021 Annual Marijuana Business Factbook , U.S. In 2025, Marijuana Business Daily projects legal U.S.
More than 10 million businesses advertised their products and services on Facebook during the third quarter of 2020. Unfortunately, almost none of those ads were cannabis businesses or cannabis-related businesses. At any moment, Facebook could shut down a cannabis business’ Facebook Page without notice.
percent more likely to be arrested, according to data from the American Civil Liberties Union. View original article. Percent More Likely To Be Convicted For Possession Of Marijuana – Cannabis Business Executive appeared first on SpeedWeed. In 2010, Black people were 9.5 Read more at Wisconsin Public Radio ].
Its potential impact is enough to have the cannabis industry and its advocates warning of a so-called soft prohibition and again raising concerns about racial inequity in the business itself. View original article. Read more at The Denver Post ].
When the Michigan Regulation and Taxation of Marijuana Act passed in 2018 by voter approval, it stated that the MRA was in charge of creating and enforcing all laws related to commercial cannabis businesses. Results from data released by the MRA show that in 2020, only 3.8 percent of cannabis business owners were Black, and only 1.5
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.
Unfortunately, on the negative side, Connecticut yet again extended the 10% surcharge on the corporation business tax, and delayed and extended the phase-out of the capital base tax on corporations. The content of this article is intended to provide a general guide to the subject matter.
For years, research has proven that content published by businesses on Instagram can directly lead to increased brand awareness, word-of-mouth marketing, and sales. According to Instagram’s own data, 90% of users follow a business on the platform. Despite that history, some cannabis businesses have found success on the platform.
times more likely to be arrested for marijuana possession than their white counterparts, according to 2018 arrest data analyzed by the ACLU , though it was not broken out by age. View original article. Black people were about 3.5 Read more at WHYY ]. The post N.J.
As of start of business Wednesday, September 1, the Commission reported licensees have generated $844 million since January 1, already making 2021 a record sales year thus far. And despite being closed for two months in 2020 due to the COVID-19 public health emergency in Massachusetts, 89 Marijuana Retailers generated $714.1
In the commercial realm, cyber coverage is expected to rise 30% or more, as cyber risks explode and more businesses seek coverage. Cannabis Property-Casualty coverage is also expected to increase by at least 10% – although businesses in catastrophe-prone areas may see increases of 20% and up.
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. The post New cannabis coalition wants to influence how — not if — weed is legalized – Cannabis Business Executive appeared first on SpeedWeed. Read More @ Politico].
In March, last year the US Food and Drug Administration (FDA) requested specific data on liver toxicity data after saying it believed from CBD use posed ‘real risks’ to human health. Data To Be Used In UK . View original article. It will allow us to differentiate ourselves from the people that don’t.
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