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FDA Releases Plan To Obtain Data Regarding Cannabis-Derived Product Usage & Safety

Cannabis Law Report

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.

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Cannabiz Media Article: “How Big Business, Monopolies and Vertical Integration Impact the Cannabis Industry”

Cannabis Law Report

This article by Cannabiz takes a look at what’s happening and suggests some solutions. According to data from Cannabiz Intelligence™ , a handful of cannabis license holders dominate multiple markets across the United States. Read full article at. Here’s a snippet.

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Cannabis 3.0 Accelerates Access to Consumer and Medical Research

Cannabis Law Report

A Windsor, Ontario-based company Audacia Bioscience is especially focussed on three patented technologies that deliver consumer and patient insights to the industry to close the knowledge gaps in the supply chain. However, the simplicity and efficiency of Broccoli lies in how fast the data can be returned.

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American Banker Article: BankThink A tech solution to the pot banking problem

Cannabis Law Report

But there is a general lack of understanding for the new industry and limited data on performance that could be contributing factors. Big data and analytics will play a critical role in helping to contain and manage the risks within the industry. There could many reasons for this. It starts with connecting the dots. Source: [link].

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HEXO Achieves Carbon Neutrality – Cannabis Business Times

SpeedWeed

billion in total cannabis sales thus far in 2021 (according to New Frontier Data). Crop yield is the backbone of the cannabis supply chain, of course. View original article. As for the $4-billion figure, the Dark Heart team is tabulating a possible 33% loss on the $11.9 What grower doesn’t want to increase yield?

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Update: Massachusetts Marijuana Establishments Surpass $2 Billion in Gross Sales

Cannabis Law Report

While Wednesday’s $2 billion sales milestone does account for initial delivery sales conducted via the three operating licensees, the Commission is not parsing out specific data at this time to maintain driver safety. This past May, the Commission launched the license application for Marijuana Delivery Operators.

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Takeaways From The 2022 Industrial Hemp Summit

Cannabis Law Report

And recent data released by the USDA on the value of national hemp production in 2021 reveals that, despite challenges across the country, hemp remains a viable and valuable domestic crop. The USDA is keenly aware of the need for more data from the industry to develop more specific, data-driven policies in the future.

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