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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.

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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.

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Flower One Announces Closing of its Non-Brokered Private Placement

Cannabis Law Report

Flower One” or the “Company”) (CSE: FONE) (OTCQX: FLOOF) (FSE: F11), the leading cannabis cultivator and producer in Nevada, is pleased to announce that it has closed the first tranche of its non-brokered private placement (the “Private Placement”), raising aggregate gross proceeds of US$5M. About Flower One Holdings Inc.

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Hemp CBD Q&A – A Few More Questions and Answers

Canna Law Blog

To avoid such situation, the hemp should be packaged and stored in a manner that reduces the risk of THC fluctuation. If I am interested in selling hemp FDA compliant topicals nationally in the US as a wholesaler, do I need any particular license in the states where I sell? It depends on the state.

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10 questions to ask before starting a cannabis business

SpeedWeed

The first topic we’ll cover is how to start a cannabis business, including tips on location, cost, and long-term success in cannabis. In that case, you can translate that knowledge into a successful delivery service, or if you have experience in agriculture, perhaps your skills are best fit to cultivate the plant as a grower.

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Canopy Growth Completes Acquisition of Supreme

Cannabis Law Report

As Canopy continues to focus on the premium flower segment, the addition of 7ACRES and the 7ACRES Craft Collective enhances Canopy’s leading market share position and supplements its production capacity through the acquisition of Supreme’s low-cost, scalable cultivation facility in Kincardine, Ontario. We simply grow better.

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Canada: Medical Cannabis & Cannabinoid Regulation 2021

Cannabis Law Report

By way of current example, many Canadian banks will decline to accept cannabis businesses as clients for fear of running foul of federal American law, where the banks also have operations and where cannabis is still illegal at the federal level. Self-Regulation. Regulatory Authorities. Key Challenges. Enforcement.