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Illinois officials recently released the Annual Cannabis Report for Fiscal Year 2024. The 144-page report, compiled by the Cannabis Regulation Oversight Office (CROO), incorporates data from several state departments. The report also touts, as more evidence, Illinois’ $2,007,401,374 in sales during the past fiscal year.
Illinois is set to switch its cannabisseed-to-sale tracking system after delivering a Notice of Intent to award a contract to a new vendor. With the new contract, Metrc is poised to take over Illinois’ seed-to-sale tracking for licensed operators. For more Illinois cannabis industry news, visit here.
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.
(NASDAQ: FORA), a provider of technology, analytics and data science driven solutions for the healthcare and cannabis industries, announced that Connecticut has chosen BioTrack as the track and trace system for the state’s Department of Consumer Protection Drug Control Division. Forian Inc.
Akerna (Nasdaq: KERN ), an enterprise software, leading compliance technology provider, and developer of the cannabis industry’s first seed-to-sale enterprise resource planning (ERP) software technology (MJ Platform ® ), announced a new offering, Akerna Connect.
Odesso’s new software for cannabis companies is built on the React Native Framework, which offers more flexibility, and allows users to launch apps on iOS, Android, and Web simultaneously. The Seed to Sale software is designed to amplify operations and automate compliance to promote exponential levels of success, profits, and growth.
Cannabis businesses in the state of Oklahoma have 90 days to become compliant with the state’s seed-to-sale (S2S) tracking system. Since the filing of this lawsuit last year, businesses have not been required to comply with any type of seed to sale tracking. Cannabis and Oklahoma: A Brief History.
Akerna (Nasdaq: KERN ), an enterprise software, leading compliance technology provider, and developer of the cannabis industry’s first seed-to-sale enterprise resource planning (ERP) software technology (MJ Platform®) today announced the release of its second annual mid-year review. You can access the report here. About Akerna.
Washington state is rolling out its own marijuana seed-to-sale traceability system after having relied on the private sector for years, but so far, the government-run platform’s debut this month has been less than smooth. Recreational Cannabis. 7 in order to move away from Akerna’s Leaf Data System.
According to documents obtained via a public records request, the LCB paid MJ Freeway $1,971,421 between May 2017 and August 2019 for its work on Leaf Data Systems. The company, however, missed its first deadline of Halloween 2017 then changed the launch date for Leaf Data Systems to February 1, 2018. As we used to say.
While the illicit markets are still thriving, the Canadian province of Ontario has shown that the legal cannabis market can actually overtake the illicit. New data on the cannabissales in Ontario’s legal cannabis market showed that the majority of cannabis purchases between July and September 2021 were from legal retailers.
Most states’ regulated cannabis regimes require licensed cannabis companies to use seed-to-sale track-and-trace software. Our California cannabis attorneys frequently assist clients with track-and-trace compliance and preparation.
Under the supervision of the Executive Director of the Georgia Access to Medical Cannabis Commission. This position is responsible for enforcing state laws, rules and regulations through application review, inspection and data reports, and regulatory compliance and enforcement.
Although medical cannabis has technically been legal in Missouri for over a year and cards have been issued, patients are still waiting desperately for dispensaries to open across the state. Problems plaguing the medical cannabis program in Missouri are three-fold. Seed-to-sale systems complicate production and sale of cannabis.
European cannabis media outlet Newsweed reports. As in France, many Spanish stores sell cannabis flowers with a low THC content. . Only crops authorized by the Spanish Agency for Medicines and Health Products (AEMPS) and the resulting flowers would thus be authorized for free sale in Spain. Joan Bertomeu Representing Lawyer.
We’ve been writing a lot on this blog about the regulation and sale of cannabidiol (“CBD”) products at the state and federal levels. The United States is not the only international actor, however, that is concerned with regulating the sale of CBD products, including CBD-infused foods. extracts of Cannabis sativa L.
AUTHOR: Rob Hendrix – Cannabis Consulting Nationwide LLC. PUBLISHER: CANNABIS LAW REPORT. Washington State passed Initiative 502, the legalization of adult use Cannabis, in November of 2012. My store, Cannabis Central, was in the third flight of stores to open in August of 2014.
Leaf Data used to be MJ Freeway. But no need to panic we learn via a MJ Biz report, “The next generation of Leaf Data Systems provides what it calls a “product authentication system.” MJ Biz write…… Utah regulators selected Leaf Data Systems for its medical cannabisseed-to-sale traceability program.
Long before we all got surgically-attached to our smartphones, cannabis was there, lovingly held in the palm of your hand, a constant companion in daily life. But as cannabis has become more mainstream – and our lives have become more and more online – the cannabis industry has also gone mobile.
To: Cannabis Licensees, Labs and Integrators. The Cannabis Central Reporting System (CCRS) is now the sole and official reporting system for cannabis business activity in Washington State. Second, this past Saturday evening the Liquor and Cannabis Board (LCB) decommissioned Leaf Data Systems.
MTL Cannabis to Acquire Control of Canada House. The acquisition combines proven high quality dried flower sales and industry-leading yields with immediate facility expansion, increased capacity, enhanced product development, key sales licences, existing provincial supply deals, and direct distribution to medical patients focused on Veterans.
It has been a few years since the wheels began turning on the legalization and sale of medical marijuana in the state of Missouri. Even though laws were put into place that legalized MMJ and made it possible for qualifying patients to access the medication, dispensaries and sales had not yet come into play.
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
Canonic Ltd, a company focused on the development of medical cannabis products and a wholly owned subsidiary of Evogene Ltd. NASDAQ: EVGN ) (TASE: EVGN), announced today the pre-launch of its first-generation medical cannabis inflorescence products. Evogene Logo (PRNewsfoto/Evogene). G-nnovation first products.
Insurance Journal reports… There’s a shortage of carriers offering insurance to cannabis businesses in numerous states, causing these businesses to pay more for policies or go underinsured. The division sponsored Colorado Cannabis Business Insurance Forum, a series of four virtual webinars. 2021 Guide to Cannabis Markets.
Cannabis became legal for recreational use in the state on Jan. Dawn Boothe is a professor of veterinary physiology and pharmacology at Auburn University studying cannabis’s potential as a veterinary treatment. Earlier this year, Gov. Nevada voters approved medical marijuana for people by ballot initiative in 2000. A simple question.
With only four hours of daylight during the winter and an average winter temperature of 0 degrees Celsius, one might deem Iceland a prime environment for cannabis and drug consumption. Is cannabis legal in Iceland? In 1969, Iceland implemented its first official ban on cannabis. How do locals in Iceland view cannabis.
The German federal government may only have legalized cannabis for medical purposes back in 2017, but the market has already earned enough appeal for big-name players to get involved. Now, as the country contemplates adult-use cannabis legalization , all eyes are on Deutschland. billion (USD$8.4 billion) by 2028.
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., The Cannabis Software Stack Executive Summary is available for free download now. Your submission has been received!
Fast-Growing Startup Secures Strategic Multi-Million Pre-Seed Investments from Executives at Blue Apron, Kellogg’s, USDA and others. The company also announced $1.75mm of strategic pre-seed funding from current and former leaders at several top companies and government agencies including Blue Apron, The Kellogg Company, USDA and more.
Under the supervision of the Executive Director of the Georgia Access to Medical Cannabis Commission. This position is responsible for enforcing state laws, rules and regulations through application review, inspection and data reports, and regulatory compliance and enforcement.
MARLBOROUGH, New Zealand & VANCOUVER, British Columbia–(BUSINESS WIRE)– #ERP–Elevated Signals software will enable Puro to become a data-led cannabis cultivator, Read More
There are five important “categories,” that require company leaders’ utmost focus and attention as they launch a compliant cannabis business in a newly legal state. Non-compliant businesses face the risk of being shut down and attract negative attention to the cannabis industry. One commonality among all states is cost.
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!
Heritage to lead medical sales and commercialization across non-competing medical channels in Canada under the Opticann brand. TORONTO–(BUSINESS WIRE)–Heritage Cannabis Holdings Corp. We are excited to add Avicanna’s innovative topical products to our portfolio of highly effective medical CBD products.
With the announcement in September that Colorado’s cannabis market had generated more than $1 billion in revenue by August 2018, reaching the milestone much earlier than predicted and flooding state coffers with more than $200 million in tax revenue, it’s clear the industry’s move from black to green is on track.
The US cannabis industry has an equality problem. It’s not a new problem, nor a problem limited to cannabis. Yet it is one that cannabis is uniquely positioned, and failing, to address. Despite 36 states with legal marijuana, less than 2% of cannabis businesses are owned by Black people. The four pillars of equity.
Based on the agreement , the Colorado-headquartered company will acquire 34 acres of land designated for cannabis growing. It marks the company’s first foray into the cultivation segment — an area of the global cannabis market expected to reach $358.8 Medicine Man Technologies Inc., billion by 2027.
NEW YORK , July 19, 2022 /PRNewswire/ — Data Bridge Market research has recently released expansive research titled “ Global CannabisSeeds Market ” guarantees you will remain better informed than your competition. Request to Download Sample Copy of CannabisSeeds Market @ [link].
By: Rachel Gillette – Partner & Chair, Cannabis Law Practice. Around tax time, I get this question a lot: “What is my cannabis business’s NAICS code or Business Activity Code?” It’s used by Federal statistical agencies for the collection and analysis of statistical data related to our economy.
Reporting to a Program Specialist 3 (Cannabis), the Program Specialist 2 (Cannabis) positions will be responsible for overseeing and participating in inspecting, auditing, and performing a full range of compliance duties for the region assigned (Albany/Buffalo/NYC). Full Job Description. of the NYS Civil Service Law.
Flora will use TruTrace’s blockchain-enabled platform for seed-to-sale tracking of its cannabis products – including integration of Applied DNA’s molecular tagging technology – to offer Flora’s customers a complete product validation and authentication solution. MIAMI & TORONTO–(BUSINESS WIRE)–Flora Growth Corp.
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