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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. In addition, consumers can opt-in for loyalty programs and text message alerts.
Hemp Authority® Certification Program is the industry initiative to provide high standards, best practices, and self-regulation, giving consumers and retailers confidence in hemp and CBD products. All this, while maintaining rigorous quality control and supplychain standards. “In
Changes in regulations can have ripple effects throughout the industry, impacting supplychains, investment strategies, and consumer access to medical cannabis products. Effective supplychain management encompasses inventory management, transportation logistics, and compliance with regulatory requirements.
Today, IDFPR announced it has executed a contract for a new seed to-sale system for Illinois growing medical and adult use cannabis programs. According to the release, Metrc is a highly configurable, secure, and scalable system that will modernize Illinois evolving cannabis industry and regulatory systems.
This information is accessible to state regulators, providing the ultimate transparency to ensure regulatory compliance, help combat the illicit market, and safeguard the health and well-being of Illinois patients and consumers.” Once finalized, this agreement would mark Metrc’s 24th government contract. including Washington, D.C.,
Press Release: LIM College New York Says It Is Offering First Of Its Kind Cannabis Program Designed To Develop Future Leaders In Rapidly Expanding Industry. The College recently received authorization from New York State to offer this first of its kind program. NEW YORK , Feb. PRNewsfoto/LIM College). PRNewsfoto/LIM College).
This further validates our vision and decision to build our infrastructure in Colombia where we expect to be able to supply our partners and all Avicanna’s cannabinoid needs.”. To the knowledge of the Company, it carries out its operations in compliance with all applicable laws in the jurisdictions in which it operates.
The export to Brazil also confirms the regulatory pathway and acts as a proof of concept in the largest market in South America where we aim to establish long-lasting supply relationships with our Brazilian pharmaceutical partners.”. 1 Source: Passport, Euromonitor International, Cannabis in Latin America, July 2021.
Confia enables cannabis supplychains to flow efficiently.We provide free electronic payments within-network, powerful integrated banking capabilities, and automated compliance. Due to the nature of our business, we were able to walk away with expertise in financial service compliance. If so, what?
Since New York’s Office of Cannabis Management (OCM) and Cannabis Control Board (CCB) issued and approved regulations regarding conditional retail dispensary licenses for the general public , businesses should start thinking about how they will incorporate social equity programs into their business plans. Eliminating Barriers to Entry.
The passing of Amendment 2 in November 2018 paved the way for legal access to medical cannabis and the state’s medical marijuana program. However, prospective patients need to understand the ins and outs of the system and how to qualify for the Missouri Medical Marijuana (MMJ) program.
One year after the United States Department of Agriculture (USDA) issued its final rules on hemp, various states enacted their own regulatory programs. Hemp supplychain companies need qualified third-party laboratories that meticulously follow nuanced laws to ensure their products are permissible across the country.
Promoted culture of compliance and robust corporate security; improved voluntary incident reporting by over 135x, conducted over 35 employee training sessions related to the Company’s ESG goals, and had no regulatory infractions.
Recently, I had the opportunity to moderate panels on cannabis and commercial real estate at programs held in Los Angeles and Chicago. It was interesting to compare the programs and the audiences in the two cities. Another panelists runs a full service creative and compliance agency for the cannabis industry.
Please join Ariel Clark and Katie Podein of Clark Howell LLP, along with Veronica Perez and Anh Nguyen of Veronica Perez & Associates and Jonatan Cvetko of the United Cannabis Business Association as they take a deep dive into the new LA County cannabis program and address questions from attendees during this hour-long webinar.
The Medical Marijuana Control Program (MMCP), pursuant to authority in Ohio Revised Code/Ohio Administrative Code 3796, is providing guidance to licensees regarding the production, distribution, and sale of medical marijuana products containing Delta-8 THC. Delta-8 THC Requirements.
Without compliance boxes checked, the operation will not be able to launch. Let’s look at Missouri’s medical marijuana (MMJ) program for example. Nearly every single state requires license holders to document compliance using seed-to-sale tracking software. Compliance. The final step in the supplychain is the sale.
Image by James from Pixabay Medical Cannabis SupplyChain The medical cannabis supplychain encompasses all stages of production, from cultivation to distribution. A well-functioning supplychain ensures that medical marijuana products reach patients safely, efficiently, and in compliance with regulations.
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.
Additionally, it validates the Company’s supplychain business model of providing psilocybin for clinical use and research, adding to previously announced supply partnerships this year with Mycrodose Therapeutics , Mycotopia Therapies , Cube Psytech , Allied Health , ATMA Journey Centers , Revive Therapeutics and HealthTech Connex.
The hemp industry is up in arms over the USDA’s interim rules establishing a domestic hemp program. Producers can obtain coverage under the Whole-Farm Revenue Protection (WFRP) program for 2020 if they are now part of a Section 7606 state or university pilot program authorized by the 2014 Farm Bill or once a USDA-approved plan is in place.
To be clear, this Bill is about jobs, local wealth creation, and socio-economic benefits – most Virgin Islands’ residents that want cannabis already have a way to get it, and local residents are not the primary targets for the tax revenue generation that will fund many community programs. Let us try to set the to set the record straight.
Each location needs its own supplychain for cannabis products within that state, for example, among other considerations. Another pain point for MSOs is the fact that many banks would see their business structure as too complicated, and therefore too difficult, to ensure proper compliance as laid out by FinCEN and other agencies.
The Florida Department of Agriculture and Consumer Services (“FDACS”) will oversee Florida’s hemp program. ” Hemp Extracts intended for human ingestion must come from a crop intended to be used in the food supplychain. A license from FDACS is required to cultivate hemp.
Sustainability consulting and environmental compliance. DEI policies and integration across supplychain, vendor, recruitment, and employment practices. VS has advocated for cannabis social equity programs across the U.S. Preparation of community engagement plans, Positive Impact Plans, and Social Impact Plans (SIP).
The cultivation tax is imposed at the beginning of the supplychain and is included in the wholesale cost of goods as it passes through manufacturers and distributors. California Bill Would Eliminate Cannabis Cultivation Tax & Raise Retail Tax.
Launched $100 million local grant program, informed by meetings and input from 17 eligible jurisdictions, to support the transition of businesses into annual licensure by funding completion of local and environmental reviews. Below are some of DCC’s major accomplishments during its first 100 days as a state department: What we’ve done.
Growery”), one of the few license holders entitled to participate in the Controlled Cannabis SupplyChain Experiment (the “CCSC”). Aurora’s global leadership is underscored by a proven track record of regulatory compliance, testing, and commitment to science. The agreement is subject to the regulatory notification procedure.
The Department took steps this year to deliver on the promise of consolidation, establishing regulatory reforms that streamline requirements for cannabis licensees, unifying department operations to more efficiently support the entire supplychain, centralizing complaint reporting, and enhancing access to public resources and information.
We know that current tax policies disproportionately burden cannabis farmers and small businesses and create instability throughout the supplychain, ultimately undermining the societal benefits of a taxed and regulated market. We have heard from many of you who have said that the current cannabis tax framework is overly complex.
Domestic Hemp Production Program at the U.S. North Carolina is one of the few states and Indian tribes to transition into a USDA-controlled hemp production program , with that transition taking effect on January 1, 2022. USDA’s Commitment to Hemp. William “Bill” Richmond, Chief of the U.S. hemp production market.
This information is accessible to state regulators, providing the ultimate transparency to ensure regulatory compliance, help combat the illicit market, and safeguard the health and well-being of Alabama medical cannabis patients. “As Metrc now holds exclusive government contracts in every region of the U.S, including Washington, D.C.,
– Integrated solution provides a single platform for compliance with vaccination status tracking and weekly testing requirements – STONY BROOK, N.Y. & By providing both vaccine status management and weekly COVID-19 testing, the integrated platform offers a single solution for compliance with the ETS.
Many dispensaries also offer additional services such as educational resources, patient consultations, and ongoing support programs to address patient concerns and enhance their overall treatment experience. Stay informed about these updates to maximize the benefits of Maryland’s medical cannabis program.
The company’s intelligent UPC aims to reduce cost and increase transparency in all parts of the supplychain, from growers to brands to retailers to consumers. Cultivators and brands can use this barcode to upload and access test results and compliance certifications. Wilder Ramsey from Gron Ventures led the Series A round.
” Littlejohn has now been with MCBA for almost two years, first working on its federal policy program as senior policy adviser, then taking the helm as executive director this past November. PW: Why don’t we see more social equity programs in medical-only states?
” Littlejohn has now been with MCBA for almost two years, first working on its federal policy program as senior policy adviser, then taking the helm as executive director this past November. PW: Why don’t we see more social equity programs in medical-only states?
It was the best of times… the passage of the Virginia Cannabis Control Act (CCA) in 2021 was celebrated by many as the first bill in the South to legalize adult-use cannabis (read about the status of cannabis programs in other Southern states here ). This new General Assembly failed to reenact any portion of the CCA during its 2022 session.
Description: Prohibits folks consuming medical cannabis with the recommendation of a doctor from being denied entry or participation in programs where they would be the recipient of a donated organ. OLCC COMPLIANCE EDUCATION BULLETIN. Expect to hear more news on this soon. Bill Number: SB 2687.
Greater acceptance of cannabis occurred in 1998 when Oregon, following California’s lead two years earlier, established a medical marijuana program. Oregon is not creating a new industry, it is converting an illegal cannabis production economy, and a loosely-regulated medical program, into a well-regulated legal market.
Ed Keating: So in terms of like the software and the product, I come from like a legal compliance software background, worked on a lot of sort of processes where you’re trying to help automate things that can be done frequently, that have high risks and that because of the repeatability you want to have good research and whatnot. .
Instead, presenters focused on categories of license applications that will need to be issued first to ensure the successful deployment of the program (i.e., The CRC’s focus on accepting applications pursuant to the supplychain hierarchy will help ensure a smoothly deployed state cannabis program.
A regulatory advocate who is expert in emerging regulatory issues, including those related to cannabis, says: The key to high-risk areas and banking relationships is to have a strong complianceprogram and transparency. Alternative Funding Options for Pot Business Financing. Equity Funding.
We are witnessing the real-time creation and evolution of the relevant supplychains – locally, statewide, nationally, and globally. California has had marijuana delivery for quite a few years at this point, and these licenses carry with them very strict protocols and standards to ensure strict compliance and public safety.
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