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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.
HerbalGram, the acclaimed quarterly journal of the American Botanical Council, recently published its 2021 “Herb Market Report,” which included data on sales of CBD as an herbal ingredient in mainstream and natural retail channels in the United States. E-commerce sales of CBD in the U.S. increase in annual sales.
. … 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.
Amendment 2, which became effective on December 6, 2018, legalizes marijuana for medical purposes, allows home growing, and imposes a 4% marijuana sales tax. First, Missouri implemented a seed-to-sale system which added many unnecessary layers between growing the plant and selling product to patients. million votes.
Tracebility was and is the tracking of Cannabis and Cannabis-infused items and products from “see d to sale”, as directed to Washington and Colorado per the Cole Memo issued in August 2013. We would find that occasionally, a “lot” would disappear from the ready for sale portion of our cash register computers.
On eve of Commission’s fourth birthday, Marijuana Establishments surpass $2 billion in gross sales since retail stores opened in Massachusetts; progress continues to achieve industry goals. Over the first year of adult-use sales , from November 2018 to November 2019, 33 Marijuana Retailers generated $393.7
The Chief Operating Officer of BioTrackTHC, Moe Afaneh, gave a high-level overview of the company’s seed-to-sale software for state-level data collection. Individual products available for sale to consumers or patients must meet the state’s packaging and labeling requirements. . Track and Trace for Medical and Adult Use.
Cannabiz Media’s new research report – Cannabis Software Stack – has been published and provides critical insights about seed-to-sale and point-of-sale software license opportunities (i.e., Contact the Cannabiz Media team at sales@cannabiz.media to get a copy of the full report. Your submission has been received!
Last summer, Cannabiz Media published its first Cannabis Software Stack Report where we juxtaposed state license counts against all the companies that connect to METRC and Leaf Data Services in WA. Since compiling this data, we published an update last November with 43 additional companies. Your submission has been received!
Ganjapreneur report… Sixteen months after legalization, just nine of California’s 627 retail cannabis dispensaries are actively using a seed-to-sale tracking system – along with only 93 of more than 1,000 manufacturers and 254 of the nearly 4,000 licensed cultivators, according to an Associated Press review of state data.
And this is particularly concerning for the legal cannabis market that’s expanding to $12 billion in sales this year, with projections to reach $30 billion in four years. But there is a general lack of understanding for the new industry and limited data on performance that could be contributing factors.
Non-compliant businesses face the risk of being shut down and attract negative attention to the cannabis industry. Without compliance boxes checked, the operation will not be able to launch. Hiring and partnering with the right people will enable you to reach your goals. That becomes especially true when comparing medical and recreational licensing.
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. To read the Microcap Daily article, click here. 26 with approximately 10,000 hemp seeds planted in a single day.
We juxtaposed state license counts against the 320 companies that connect to METRC and Leaf Data Services in WA. We juxtaposed state license counts against the 320 companies that connect to METRC and Leaf Data Services in WA. Applications may include ERP, seed-to-sale, compliance, and supply chain/logistics.
19 August 2019. Authors – Carolyn E. Pepper and Jess Parry. Recently, three British MPs went to Canada on a fact-finding cross-party trip to consider the effects of a more relaxed regulatory environment in respect of cannabis. What substances are at issue? Cannabinoids are the chemical substances found in cannabis.
Flower definitely appears to be the preferred consumption method for Canadians, as it made up more than three-quarters of all sales from cannabis spending last year. in sales last year. While this is still an impressive number, it doesn’t rival the flower sales in the country. million in sales. A total of $614.4
Retail licenses for Oklahoma’s medical cannabis program declined 8% in 2020, the first contraction for the open-license market since MMJ sales began in 2018. Ed Keating, the chief data officer at Cannabiz Media, said the decline was not a surprise. To say there is retail saturation is an understatement.”. The entire U.S.
The city has issued four transporter licenses, according to Denver city data. The company was close to an agreement to deliver for L’Eagle, according to Doobba co-founder Ari, and is in talks with other companies such as Seed & Smith. It’s a first step in helping Doobba in ending cannabis prohibition. How Cannabis Delivery Works.
In the latest episode of the Cannacurio Podcast from Cannabiz Media, my co-host, Amanda Guerrero, and I discuss the data and insights found in Cannabiz Media’s Cannabis Software Stack Report. Announcer : This is the Cannacurio Podcast by Cannabiz Media, your source for cannabis and hemp license updates directly from the data vault.
Reporting on the the fate of CBD food and supplement products as early as February last year, Nutraingredients commented , “ Further news reports suggested the UK’s Food Standards Agency (FSA) now want CBD food products removed from commercial sale while the application to permit its use is finalised. ”. Content Sections. ? Where to now?
CBD products that are intended or can reasonably be foreseen to be ingested by humans, e.g. hemp tea, hemp seed oil, CBD chewing gums or CBD beverages, are generally subject to the Federal Nutrition and Utility Products Act. cosmetics) or tobacco products (incl. tobacco substitutes), or to a catch-all group of non-categorised products.
The other parts of hemp plants- such as seed, leaves and cannabinoids contained therein (except for THC) – do not qualify as narcotics. According to the ministry the published data on the application of CBD in a recent pubmed-research are not sufficient for the assessment of a therapeutic effect.
We also speak with Colton Griffin, CEO of Flourish Software , a seed-to-sale software solution for the cannabis and hemp industries. Announcer : This is the Cannacurio Podcast by Cannabiz Media, your source for cannabis and hemp license updates directly from the data vault. Press the Play button below to listen to the podcast.
In total, actual recreational marijuana sales are happening in 11 states. The Virginia legislature now has passed a bill that would legalize sales starting in 2024; legislators are currently working with Gov. As the table indicates, most states have applied a price-based ( ad valorem ) tax on retail sales of recreational marijuana.
In the latest episode of the Cannacurio Podcast from Cannabiz Media, my co-host, Amanda Guerrero, and I discuss speak with Lews Koski, Chief Operating Officer of Metrc , a leading seed-to-sale track-and-trace technology company for the cannabis and hemp industries. Press the Play button below to watch and listen to the podcast. ?
In this article, we explain the elements of the bill relating to licensure. Thus, all the provisions on licensing, production, distribution, sales, and regulation, to name a few, did not pass into law. In addition, it creates five types of licenses that will govern cultivation, manufacturing, testing, wholesale and retail sale.
Because hemp-derived CBD is only legal for sale as a topical in the state, it’d bring about a lifeline for Massachusetts’ struggling hemp industry. The amendment allows licensed hemp producers and processors to sell their products to medical and adult-use cannabis dispensaries in the state. A Struggling Industry.
Unless an indoor grow or greenhouse operation has shelled out huge money for automated solutions, the clones, cuttings or seeds most likely are going into some type of growing medium via manual labor. Planting is among the most labor-intensive parts of the cannabis growing process—and arguably one of the most crucial to get right. Labor Tips.
Be the first to know when new content like this is available! Subscribe to our newsletter to get alerts about new posts, local news, and industry insights. Your submission has been received! Something went wrong while submitting the form. One of the next states to issue licenses will be Georgia. Business Formations.
But that’s exactly what’s happening for this seed-to-sale leader that’s paving the way in the business. The resulting data was compiled and analyzed, becoming custom regimens for each cultivar—down to temperature, humidity, light intensity, feed schedule, and pruning technique. Find Trulieve in Florida. Courtesy of Trulieve.
This article is the sixth in a series called, “So you want to start a canna biz?” This article highlights different areas you can begin with cannabis investments and should not be considered investment advice. Editor’s note: The information in this article is only for educational purposes, based on the expertise of Good Tree Capital.
According to OCS salesdata, cannabis capsules and softgels accounted for $14,013,000 in sales. June 2021 salesdata from the Ontario Cannabis Store reveals that cannabis capsules are now more popular, dollar-for-dollar, than chocolate or gummies. It turns out I wasn’t the only one. Adobe Stock).
If you wish to re-publish this story please do so with following accreditation. AUTHOR: Heather Allman. PUBLISHER: CANNABIS LAW REPORT. Clearing the Air- Florida Condensed Cannabis . CANNABIS PRIMER. Glossary of Marijuana Terminologyvia CannaInsider.com. Americans for Safe Access.org. STATE OF FLORIDA.
In early February, the West Virginia Office of Medical Cannabis (OMC) announced the successful applicants to receive a medical cannabis dispensary permit. RELATED: Medical Cannabis Dispensary Permits Announced in West Virginia. and West Virginia-based medical cannabis dispensary Harvest Care Medical.
Ed Keating: This is the Cannacurio podcast by Cannabiz Media, your source for cannabis and hemp license news directly from the data vault. Ed Keating: This is the Cannacurio podcast by Cannabiz Media, your source for cannabis and hemp license news directly from the data vault. Press the Play button below to listen to the podcast. ?
A declarations page summarizes the coverage, defines who the insured is (also an issue in coverage cases), and states the various monetary limits to various types of coverage. It takes reviewing a policy numerous times, with post-its, a marker and a highlighter, to conclude what is actually covered and not covered.
A timeline of Florida’s battle for solid ground has been outlined in depth throughout my previous articles. A timeline of Florida’s battle for solid ground has been outlined in depth throughout my previous articles. If you wish to re-publish this story please do so with following accreditation. AUTHOR: Heather Allman.
A unionization effort filed for 17 employees at the Curaleaf medical dispensary in Hanover, Mass., went all the way to Washington, D.C., before a final decision on the results of a mail-in election was made earlier this month. The majority of ballots had been challenged, some of which remained sealed in the final vote count.
A unionization effort filed for 17 employees at the Curaleaf medical dispensary in Hanover, Mass., went all the way to Washington, D.C., before a final decision on the results of a mail-in election was made earlier this month. The majority of ballots had been challenged, some of which remained sealed in the final vote count.
A unionization effort filed for 17 employees at the Curaleaf medical dispensary in Hanover, Mass., went all the way to Washington, D.C., before a final decision on the results of a mail-in election was made earlier this month. The majority of ballots had been challenged, some of which remained sealed in the final vote count.
In early February, the West Virginia Office of Medical Cannabis (OMC) announced the successful applicants to receive a medical cannabis dispensary permit. RELATED: Medical Cannabis Dispensary Permits Announced in West Virginia. and West Virginia-based medical cannabis dispensary Harvest Care Medical.
In early February, the West Virginia Office of Medical Cannabis (OMC) announced the successful applicants to receive a medical cannabis dispensary permit. RELATED: Medical Cannabis Dispensary Permits Announced in West Virginia. and West Virginia-based medical cannabis dispensary Harvest Care Medical.
If you wish to re-publish this story please do so with following accreditation. AUTHOR: Heather Allman. PUBLISHER: CANNABIS LAW REPORT. C annabis S ustainability: SCOPE and SOLUTIONS. SUSTAINABILITY SITUATION IN 2017. For cannabis-friendly environmentalists, it makes sense that we celebrate Earth Day just after 420.
A unionization effort filed for 17 employees at the Curaleaf medical dispensary in Hanover, Mass., went all the way to Washington, D.C., before a final decision on the results of a mail-in election was made earlier this month. The majority of ballots had been challenged, some of which remained sealed in the final vote count.
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