Remove Banking Remove Compliance Remove Cultivation Remove Packaging
article thumbnail

The Economic Impact of the Medical Marijuana Industry: Trends and Projections

MMJ Recs

This burgeoning industry encompasses a wide range of activities, including cultivation, processing, distribution, and retail sales of medical cannabis products. The establishment of cultivation, processing, and dispensary facilities creates a diverse array of employment opportunities, spanning from agricultural roles to retail positions.

article thumbnail

Nevada CCB: Seeds Bought Online Result in $190,000 Fine

Cannabis Law Report

The CCB was told that a cultivation had cannabis seeds from unauthorized sources. On June 16, 2022, three agents from the CCB’s staff conducted an investigation of the cultivation at which the agents claimed to have found 63 packages of cannabis seeds purchased from online cannabis seed banks from October 2020 to July 2021.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Legislation to Expedite Cannabis Cultivation Introduced in New York

SpeedWeed

The NDA launched roughly five years ago as an advocacy and trade association for the retail segment of the market but has recently expanded to include cannabis cultivators and distributors. One of these priorities will likely be reforming state regulations on packaging and labeling, Martin said. “A Reflecting on Lessons Learned.

article thumbnail

Visit the Cannabiz Media Team at CannaCon Midwest Detroit

SpeedWeed

Sessions will be offered across four paths: Cultivation, Processing, Operations Management, and Business / Legal / Finance. Some of the seminars in each of these paths include: Cultivation Seminars: Cannabis Ag-Tech Saves Food from Climate Change. Cultivating Secondary Metabolites to Boost Your Grow’s Bottom Line.

Media 52
article thumbnail

Weekly Legislative Roundup 3/22

NORML

House Financial Services Committee has scheduled to convene a markup on The Safe Banking Act, HR 1595 on Tuesday, March 26th. Lawmakers in Connecticut have introduced a package of bills specific legalizing and regulating the use and sale of marijuana by adults, and facilitating equity in the industry. CO resident? Connecticut.

article thumbnail

How to Get a Credit Union Account for Your Hemp Business

Canna Law Blog

Commercial marijuana activity remains a federal crime, and the Bank Secrecy Act (“BSA”) generally prohibits financial institutions from accepting marijuana-generated dollars. That has made it very difficult for many hemp and hemp-derived CBD (“Hemp-CBD”) businesses to access bank accounts. That is changing.

Hemp 68
article thumbnail

Lucid Green raises $10 million to bring smart UPC codes to cannabis

Cannabis Law Report

Yet these companies are building businesses in a tough market plagued by myriad challenges, from banking prohibitions to ever-changing regulations. Cultivators and brands can use this barcode to upload and access test results and compliance certifications. Cannabis companies face unprecedented headwinds.