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Importation, cultivation, production, and other activities conducted for medicinal and scientific purposes are lawful under federal Australian law when the necessary licenses and permits have been obtained. Cannabis Business Licensing & Compliance 6. Compliance with security requirements (facilities, protocols).
Simplifya Offers a Suite of Comprehensive Compliance Solutions for Cannabis Businesses in New Mexico Ahead of Adult-Use Sales Launch. Company’s Proven Compliance Solution Helps Cannabis Operators Stay Compliant as State Readies Adult-Use Market. Simplifya Smart Cabinet.
Prices of recreational weed are often a result of how long the state market has been around and how many cultivators it has operating. Since cultivators grow cannabis domestically in the U.S., Staying in compliance means avoiding heavy fines and possible revocation of licenses.
By Oliver Bennett, Special Contributor to New Frontier Data. Once welcomed as a progressive venue forward for adult-use legalization, Barcelona’s cannabis clubs suddenly find themselves in legal limbo, and possible jeopardy of elimination.
Conducted to monitor and verify compliance of the licence holder with the requirements of the Cannabis Act and its regulations. Conducted to verify compliance of the licence holder with particular areas of the Cannabis Act and its regulations. 2 licences were revoked as a result of non-compliance rating. Targeted inspection.
Quantitative Polymerase Chain Reaction (qPCR) testing is a powerful tool that commercial cannabis cultivators can use to monitor and improve the health and quality of their crops. In the increasingly competitive cannabis industry, innovative commercial cultivators who adopt emerging technologies and methodologies will succeed.
The guidelines below detail some prime facets to consider in order to maintain high quality control standards in the cannabis research space: o Compliance with the Cannabis Act and the MRIA Code of Conduct including referencing the guidelines listed in the Pharmaceutical Research section. Instituting Dialogue and Collaboration.
Tilray’s mission is to be the trusted partner for its patients and consumers by providing them with a cultivated experience and health and wellbeing through high-quality, differentiated brands and innovative products. clinical data, and preparation of CTD/DMF/QOS/SmPC where required. Role and Responsibilities.
Metrc stated, “Seamless data tracking in Metrc helps operators optimize inventory control, accurately report sales data, and improve cultivation management. With the new contract, Metrc is poised to take over Illinois’ seed-to-sale tracking for licensed operators. Illinois uses BioTrack as its current track-and-trace vendor.
(the “Company”) (OTCQB: ZDPY), a leading real estate development firm for emerging and highly regulated industries including legalized cannabis, today announced an amendment to the lease agreement with its significant tenant related to its cultivation facility located in Chino Valley, Arizona. Transaction Highlights.
For this post, I want to focus on the where the new cultivation licenses have been issued, what it means for the total number of licenses, and what might it translate into in terms of expanded canopy size. Through the end of May, 3,278 new cultivation licenses were issued in 14 states. How Much Canopy was Licensed in California?
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. The tools that Akerna Connect provides our dispensary are game changing.
Big data and technology have become critical to a wide variety of industries in recent years, and the cannabis industry is no exception. Through advanced data collection and the application of sophisticated algorithms, usable data is now available to help marijuana businesses: Predict trends. Met consumer demands. Reduce costs.
The Illinois Department of Agriculture (IDOA ) “will approve a craft grower’s request for an increase of canopy space based on the following criteria: The market need for additional cannabis production, as indicated by any of the following: Illinois adult use cannabis monthly sales figures Wholesale cannabis sales figures Inventory tracking data (..)
It has the potential to revolutionize the experience for consumers and companies alike, from improving the cultivation process and boosting production to increasing efficiency, solving supply chain issues, and enhancing the customer experience. Analysis from AI can help businesses increase customer loyalty and drive sales.
Without compliance boxes checked, the operation will not be able to launch. Smaller cities won’t typically pay $15,000 a month in rent, but some large cannabis cultivation facilities that are 25,000+ sq. Data & Software. The data goes further than that though, especially when it comes to cultivation and manufacturing.
Let’s take a closer look at five key ways big data and technology are directly impacting the industry. Big Data Streamlines the Marijuana Regulatory Process and Helps Close the Scientific Research Gap. Therefore, the growing marijuana market lacks the clinical data needed to help marijuana businesses create new and better products.
billion in the United States in 2018, and the number of “plant-touching” jobs is expected to pass 500,000 by 2022, according to New Frontier Data, a cannabis market research and data analysis firm. People often want to run a dispensary or set up a cultivation center and I ask, ‘Well, have you ever done retail? DO WHAT YOU KNOW.
New Frontier Data say that they recently presented preliminary findings to the Zimbabwean government while working in collaboration with other regulators in the region to finalize what will be the first “rigorous assessments of both risks and opportunities of hemp cultivation in Africa.” Compliance , Simplifya (U.S.).
1) A craft grower may request an increase of 3,000, 6,000 or 9,000 square feet of canopy space. 2) At no time may a licensed craft grower’s canopy space exceed the maximum canopy space provided for under the Act for a craft grower. 1) A craft grower may request an increase of 3,000, 6,000 or 9,000 square feet of canopy space.
–(BUSINESS WIRE)– PSI Labs , an Ann Arbor, Michigan-based ISO 17025 accredited Safety Compliance Facility that provides essential cannabis testing services, today announced its expansion into Southern California with the acquisition of pH Solutions, LLC. Monrovia-Based Lab Acquisition Strengthens Cannabis Testing In California.
Craft growers’ canopy modifications include the following: a) A craft grower may apply to the Department to increase its canopy space in increments of 3,000 square feet up to the maximum canopy space provided for under the Act for a craft grower. 1) A craft grower may request an increase of 3,000, 6,000 or 9,000 square feet of canopy space.
This shipment marks a tremendous milestone in the evolution of the US cannabis industry, as it represents one of the first imports of live Cannabis plants to a federally licensed US cultivator. Photo credit: Dreamstime/TNS). BRC, based in California, is among the first companies granted a license and is now operational.
On November 20th, the Washington State Department of Agriculture (“WSDA”) released the hemp cultivation plan (the “Plan”) that it intends to submit to the US Department of Agriculture (“USDA”) along with a corresponding set of hemp regulations (“Hemp Rules”). That’s what Washington has done with hemp cultivated for food.
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. Full cannabis supply chain data. About MJ Freeway.
WHILE Italy is both one of the earliest and largest medical cannabis markets in Europe, new data has revealed the ongoing inability of its system to ‘serve patients’ needs’. The Italian Military’s Monopoly On Medical Cannabis Production Is Strangling Market Growth New Data Suggests. Undersupply. Read full article.
The first amendment adds that a “craft grower may contain up to 14,000 square feet (instead of 5,000) of canopy space on its premises for plants in the flowering state, which must be cultivated in all stages of growth in an enclosed and secure area.” Illinois has 17 such regions.
This milestone speaks to the success of licensees that have interacted with the Commission from the application stage, maintained compliance with our strict regulations, and contribute every day to communities across the Commonwealth. This past May, the Commission launched the license application for Marijuana Delivery Operators.
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.
California Cannabis Cultivation Tax Eliminated. The budget trailer bill eliminated the cannabis cultivation tax beginning July 1, 2022. The harvested cannabis was first sold or transferred by a cultivator to a distributor on or after July 1, 2022. Delivery Data Required to be Reported in Metrc.
Craft growers’ canopy modifications include the following: a) A craft grower may apply to the Department to increase its canopy space in increments of 3,000 square feet up to the maximum canopy space provided for under the Act for a craft grower. 1) A craft grower may request an increase of 3,000, 6,000 or 9,000 square feet of canopy space.
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).
Though the rise in the popularity of cannabis-infused products has bolstered the market, the proliferation of products and concern over the use of certain products has prompted the need to revise industry compliance. Setting the Standard for Compliance. For a complete version of the rules, see here.
Depending on compliance regulations in other states, producers may use this test for quality assurance purposes prior to testing at a state-licensed laboratory for each state as required. Our analytical data empowers thousands of clients to make informed decisions about product safety and consistency.
According to data from the Missouri Department of Health and Senior Services, there are 192 licensed dispensaries in the state. Fees that are associated with cultivation, manufacturing, and dispensing medical marijuana have also been a source of revenue for the state, and range anywhere from $6,000 to upwards of $25,000.
To the knowledge of the Company, it carries out its operations in compliance with all applicable laws in the jurisdictions in which it operates. Additionally, under the Aureus™ brand, standardized cannabis extracts and feminized seeds are made available to cultivation, cosmetic and pharmaceutical partners around the world.
From July 2017 to June 2018, the state saw $529,851,245 in taxable medical and adult-use cannabis sales, a figure that has steadily increased to $719,216,651 during the current fiscal year, which includes sales data from July 2020 to March 2021, according to the Nevada Department of Taxation. Reflecting on Lessons Learned.
To the knowledge of the Company, it carries out its operations in compliance with all applicable laws in the jurisdictions in which it operates. Additionally, under the Aureus™ brand, standardized cannabis extracts and feminized seeds are made available to cultivation, cosmetic and pharmaceutical partners around the world.
Akerna to acquire 365 Cannabis, built on Microsoft’s Dynamics 365 Business Central, and become the most comprehensive cannabis ERP system offering a complete portfolio of tax, financials, reporting and compliance systems. DENVER , Sept. LTM revenue. An updated investor deck on the transaction will be made available at: ir.akerna.com.
Offer cannabis operators a seamless solution from startup to multi-state operator while maintaining regulatory compliance every step of the way through Akerna’s compliance gateway. First launched in 2010, Akerna has tracked more than $20 billion in cannabis sales to date and was the first cannabis software company listed on Nasdaq.
Metrc will implement its robust track-and-trace platform to help facilitate the Minnesota Medical Cannabis Program’s data collection and regulatory oversight. ” Metrc now holds exclusive government contracts in every region of the U.S, including Alaska , California , and Washington, D.C.
Ganjapreneur report… Sixteen months after legalization, just nine of California’s 627 retail cannabis dispensaries are actively using a seed-to-sale tracking system – along with only 93 of more than 1,000 manufacturers and 254 of the nearly 4,000 licensed cultivators, according to an Associated Press review of state data.
In our past discussions on Colombia, one topic that came up was Colombia’s perfect setup for marijuana cultivation. Colombia is entitled to impose its own rules on cannabis cultivation, processing, distribution and sale – as long as those sales stay in their home country. Strict Regulations. . But that isn’t enough.
All seed-to-sale tracking systems must be able to interface with the State’s track and trace system, provide the DHSS with access to all stored data, and assure confidentiality of patient information and records. In Sarcoxie Nursery Cultivation Center LLC, et al. Randal Williams, et al.
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