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SupplyChain challenges are affecting many industries today and the Cannabis Industry is no exception. So how do these challenges and disruptions impact Cannabis businesses and what remedies can streamline the supplychain?
National DCP, Dunkin Donuts’ supplychain management company, faces charges filed by a former employee, alleging he was wrongfully terminated after failing a drug test which resulted positive for marijuana. From Big Report. Source: [link].
Cannabis Industry Jnl has this interesting article about next generation smart cannabis packaging… Technology in cannabis packaging is advancing. Blockchain-supported tracking, QR codes and authenticity markers can help companies keep track of supplychain logistics and prevent counterfeiting simultaneously.
A strong supplychain is essential to the success of any business, but building a supplychain in the cannabis industry presents unique challenges. One of the biggest challenges is finding cannabis license holders to build a strong and reliable supplychain. Something went wrong while submitting the form.
Cann Group has downgraded its revenue forecast for FY21, from A$8-10 million to $4-5 million, blaming Covid-19 interruptions to supplychains. Read the full article. More bad news from Cann Group (Australia). Cann Group downgrades revenue forecast for FY21.
Trade samples are a marketing tool that allows farmers and manufacturers to share their products through the supplychain, not to consumers,” DeLapp said. Trade samples allow for products to be tasted, smelled, sampled, and enjoyed by licensed buyers such as distributors and retailers.
They offer cannabis-specific guidance in banking, wholesale supply-chain management, and marketing so new CBD retailers can focus on establishing their CBD business. Franny's Farmacy encourages entrepreneurs to join the cannabis industry with their own white-label CBD franchise.
If North American producers stay in lockdown over 8-12 weeks and the supplychain is broken a few smart moves from countries like Macedonia could actually achieve what previously might have been seen as a pipe dream. Read the full article at. The Times writes.
The industry consensus is that the total THC requirement is impractical and likely devastating to cultivators and, therefore, to every business in the hemp supplychain. This was done despite a 2016 article Small published with a colleague in the journal Agronomy in which described 0.3% percent anyway?
In our recent article [1] on securities litigation in the burgeoning legal cannabis industry, we noted that companies in this space must be careful and thoughtful in their disclosures to avoid securities litigation exposure. Helix Technologies, Inc.
This article by Cannabiz takes a look at what’s happening and suggests some solutions. These 10 companies hold licenses across the supplychain, and some report total quarterly revenues exceeding $300 million. Read full article at. Here’s a snippet.
STONY BROOK, N.Y.–(BUSINESS –(BUSINESS WIRE)—- $APDN #LinearDNA–Applied DNA Sciences, Inc. NASDAQ: APDN) (the “Company”), a leader in PCR-based DNA technologies, announced. Read More
This will make the two countries the first to de facto allow for a fully-legal supplychain for adult-use cannabis. This is the course that Switzerland and the Netherlands are charting in order to allow for tighter oversight of all stages of the supplychain and maximise the amount of tax revenue.
In January 2014, Colorado implemented a commercial cannabis market for pleasure – the first jurisdiction globally to implement a regulated, adult-use cannabis supplychain from seed-to-sale. It was reported as an historic occasion that presaged a grand social and economic experiment in drug legalisation.
This is first of an occasional column that updates developments pertaining to articles previously published by Project CBD. ” Several states have launched investigations into Curaleaf’s business practices that were highlighted in our article, including product safety and labor violations.
With this type of intelligence and insight, businesses across the cannabis supplychain can make better-informed decisions about where the greatest risk exposure lies. This will also help ensure government, law enforcement and concerned citizens of the provenance and integrity of the supplychain, from source to finished product.
This month and every month of the year, women working across every step of the CBD supplychain are busy keeping this market interesting, inviting, and in motion. Read the entire article at Thrillist. View original article. Time stops for no hemp company.
The licensing of Analabs clears up a potential bottleneck in the supplychain for West Virginia’s licensed medical marijuana program. View original article. Growers , retailers and processors have all been licensed – with many of the permits going to multistate marijuana companies.
This article is the fourth in a series called, “So you want to start a canna biz?” This article focuses on different types of cannabis businesses. Examples of plant-touching and ancillary businesses along the entire cannabis supplychain. They supply dispensaries with manufactured products. Distribution.
In New York, board officials would issue licenses for different steps of the supplychain — farming, processing, distribution, dispensaries and retail “consumption” sites, the memo says. View original article. The new state office would oversee the regulation of the adult-use and medical cannabis programs. Read more at CNN ].
June 30, 2021 – PRESS RELEASE – HERBL, California’s largest cannabis distributor and supplychain solutions company, announced the retirement of its chief operating officer (COO), Art Smuck, and the appointment of Robert (Bobby) Turner as the incoming COO. SANTA BARBARA, Calif.
The draconian approaches of the past that restricted First Nations involvement in the legal supplychain of tobacco – a traditional plant we have grown for generations – simply led to unregulated sales in Ontario and Quebec. This article is part of the The Making of a Cannabis Industry: Year One special feature.
Crop yield is the backbone of the cannabis supplychain, 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 billion in total cannabis sales thus far in 2021 (according to New Frontier Data). What grower doesn’t want to increase yield?
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 supplychain. Virtual Clinical Trials transcend geographic, mobility and economic barriers.
Adult-use non-medical cannabis: Under the proposal, everyone in the supplychain would need to register with both the OCM and the New York Tax Department. Registered Organizations would be prohibited from passing the cost of that tax on to the end consumer as an extra charge or line-item on an invoice or bill.
These tax rates are on all parts of the supplychain. Rod Miller, head of the El Dorado County Cannabis Growers Alliance, said he’d like rates similar to Humboldt County’s notoriously low cannabis tax rates. “[El El Dorado County] is going to be competing with other counties and states over price and quality very soon,” Miller said.
While Tallian’s bill would offer a more complete medical program, Stoops’ bill stops short of legalizing use per se or even setting up a legal or regulated supplychain, instead merely offering a defense to possession for those with terminal or untreatable conditions.
July 13, 2021 – PRESS RELEASE – HERBL , California’s largest cannabis supplychain company, announced its exclusive distribution partnership with Henry’s Original , a vertically integrated craft cannabis brand. View original article. SANTA BARBARA, Calif.,
Here’s why supporting this model is the first step in helping licensed producers reach their consumers in an authentic way that still adheres to Health Canada’s regulations — and why there is still work to be done to improve overall industry perception and supplychain demands. . View original article.
This article first appeared in the W all Street Journal. Now, she is interning at Northern Swan, an investment firm that’s focused on all parts of the cannabis supplychain. Read the full article on the W all Street Journal. Through the group, they were able to bring speakers working in the field to campus.
Bottom line, when dealing with the regulating supplychain, EU-GMP is the certification that matters. For this reason, there has been growing concern by authorities that a supplychain that does not include GMP grown cannabis from the beginning is actually a flaw in the supplychain that endangers consumers.
Valeriya Safronova of The New York Times recently wrote an article “Big Candy is Angry” (May 22, 2021), which excellently covers the subject of the lawsuits big candy has been forced to file to defend the integrity of their brands. Safronova’s thoughtful article, big candy will sue them back to the Stone Age and take the cash.
CAURD (Conditional Adult-Use Retail Dispensaries) dispensaries are slow to open across the state of New York, causing a backup in the cannabis supplychain. The pilot program for the New York cannabis farmers market is coming closer to being a reality. This has led cultivators to store the fruits of their labor—in this case, weed.
SHARE THIS ARTICLE. . As Chief SupplyChain Officer at Sam’s Club, Ben was responsible for supplychain oversight for 600 large format stores and a $3 billion e-commerce business. Press Release in full. Ben Cook is the Newest Cannabis Industry Veteran to Join Calyx Peak Companies. .
DCC needs to present a report to the Governor by July 1, 2022 that outlines the steps necessary for the incorporation of hemp products (and cannabis products with hemp cannabinoids) into the cannabis supplychain. AB 141 – Meet the Department of Cannabis Control. Emergency regulations on fee deferrals are expected later next year.
In fact, the cannabis-related patent landscape has become increasingly crowded over the past five years with companies staking their early claims to growing methods, delivery methods, supplychain management, extraction techniques, vaporizers, medical treatments, pharmaceutical compositions, and more.
There’s also the move toward (and subsequently away from) vertical integration, with companies positioning themselves to own and control their entire supplychain. Each state with a regulated market has faced this issue, and recent articles show that Illinois, on the heels of legalization, is next in line. .
Like many emerging medical cannabis companies, TetraMed’s goal is to create the entire supplychain from plant to medicine, but Mr Falbo said he wasn’t worried about market saturation given increasing global demand for quality Australian medicines. Read full article at: [link].
Phase two—supplychain—and phase three—trust and reputation—will bring a suite of tools to users’ fingertips. Cosmos will improve the infrastructure of BitCanna, the transfer of BCNA coins, and, eventually, help them build a highly efficient supplychain layer and trust network. Read more in this article.
This deal furthers our strategy of constructing low-cost supplychains that will secure healthy margins and position us for interstate commerce when it comes. " The proposed transaction has been unanimously approved by the Curaleaf board of directors and is expected to close upon regulatory approvals. ]]> View original article.
The legal issues are likely to occur as they navigate supplychains, contracts and regulations related to the introduction of hemp, cannabidiol oil and other cannabis-related products into commerce, where state laws often conflict with the federal prohibition on cannabis in the United States. “We Personal injury matters.
While we could devote a book length article to a present day critique of that report we are going to limit our thoughts to a review of the Tax Policy component of the report which appears on pages 48 through 56. We have commented at length in recent articles with our suggestions to correct both aspects.
While we could devote a book length article to a present day critique of that report we are going to limit our thoughts to a review of the Tax Policy component of the report which appears on pages 48 through 56. We have commented at length in recent articles with our suggestions to correct both aspects.
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