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Illinois is set to switch its cannabis seed-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. Illinois uses BioTrack as its current track-and-trace vendor.
Senator Jeremy Cooney of New York introduced a bill on July 20 that would build upon the state’s recreational cannabis law with a focus on getting cultivation up and running. This bill allows us to start fulfilling that promise by creating a supplychain of products for retailers in this new economy.”.
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.
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.
patent to protect its technology used to track the cultivation, classification, and identification of cannabis seeds and plants. Recreational and medicinal consumers will know that the products that they consume can be traced from seed to sale. TruTrace Chief Executive Officer Robert Galarza said that U.S.
This burgeoning industry encompasses a wide range of activities, including cultivation, processing, distribution, and retail sales of medical cannabis products. Additionally, the economic activity generated by the medical marijuana industry boosts local economies through increased consumer spending and tax revenue.
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.
Named after an Australian wildflower, the medicine has a THC content of 16% and is available for sale in 15g packs through pharmacies nationwide. Dried flower medicine sales in Australia have seen an increase in demand as doctors become more comfortable with the method of administration. million acquisition. Key appointments.
Today’s grower has to not only pass several kinds of product testing, they also have to build a recognizable brand and work their way through a highly regulated provincial supplychain. On the federal level, only those with a sales licence can sell products into the provincial markets.
From the moment a cannabis seed is planted to the point it reaches the hands of a patient, a complex and highly regulated process unfolds. In this guide, we’re exploring the intricate journey of the medical marijuana cultivation process including distribution, various techniques, regulations, and trends shaping the industry.
Senator Jeremy Cooney of New York introduced a bill on July 20 that would build upon the state’s recreational cannabis law with a focus on getting cultivation up and running. This bill allows us to start fulfilling that promise by creating a supplychain of products for retailers in this new economy.”.
The Seeds of Europe’s Adult-use Cannabis Market Are Sprouting Europe’s recreational cannabis market has overcome major regulatory hurdles in the last few years. In 2021, Luxembourg and Malta legalized home cannabis cultivation for personal use. billion for the economy. at the end of 2020. billion) by 2027.
The Agriculture Improvement Act of 2018 (“ 2018 Farm Bill ”) legalized hemp by removing the crop and its derivatives from the definition of marijuana under the Controlled Substances Act (“CSA”) and by providing a detailed framework for the cultivation of hemp. A license from FDACS is required to cultivate hemp.
Commissioning Lowell Farms Services, a new business unit serving California cultivators with midstream processing services. The facility is centrally located in the Salinas Valley with several million square feet of cultivation canopy within a few miles. Facility capable of processi ng 250,000 lbs. SALINAS, Calif.,
Heritage to lead medical sales and commercialization across non-competing medical channels in Canada under the Opticann brand. Exclusive licensing of certain of Avicanna’s advanced and evidence-based CBD topical products including its deep tissue and skin care formulations. TORONTO–(BUSINESS WIRE)–Heritage Cannabis Holdings Corp.
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
High product quality relies on a true understanding of the entire supplychain, from seed to sale with sanitized processes and quality checks including the creation of well-detailed preventative control plans that are in place to avoid instances of hazards like contamination or other public safety risks.
The passage of this legislation greatly immediately accelerates our strategic vision of bringing our cannabis products to international markets as noted by our first international supply agreement out of Cosechemos while we focus expanding our global distribution platform of traditional consumer packaged goods. ” Columbia Decree.
Examples of plant-touching and ancillary businesses along the entire cannabis supplychain. Cultivation. Cultivation businesses are those that breed, grow, and harvest cannabis. They supply raw flower to dispensaries to be consumed in plant form or to processors & manufacturers for THC/CBD extraction.
The press release. 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. DENVER , Sept. LTM revenue. Eastern Time to discuss the acquisition.
Seamless data tracking helps operators optimize inventory control, accurately report sales data, and improve cultivation management. We are confident that Metrc is the best partner to help Alabama institute a trustworthy statewide seed-to-sale tracking system for our medical cannabis market,” said AMCC Director John McMillan. “We
All totaled, these incumbents entered 88 states with Distru adding 11 and Seed and Beyond nine. Applications may include ERP, seed-to-sale, compliance, and supplychain/logistics. . Be the first to know when new content like this is available! Your submission has been received! Introduction. Key Findings.
The weakness relates to the collection and remittance of Cannabis Excise Tax [“CET”] and Cannabis Cultivation Tax [“CCT”]. The weakness relates to the collection and remittance of Cannabis Excise Tax [“CET”] and Cannabis Cultivation Tax [“CCT”]. The Distributor is the “choke” point in the supplychain.
As detailed in our previous post , the MRTA required the CCB to “issue rules and regulations governing the home cultivation of cannabis by certified [medical marijuana] patients. ” The CCB intends to address the sale of such products in the adult-use regulations. cannabinoid hemp and hemp extract.”
Distribution TM ), cannabis manufacturing, and cultivation. The company operates throughout California and is currently in an aggressive sales push in the Southern California market. Ross Haley said, “We could not be more excited about the caliber of cannabis pioneers and business acumen that are part of this seed funding round.
High demand and a limited supply of opportunities to participate translates to an extremely competitive and expensive process. Non-compliant businesses face the risk of being shut down and attract negative attention to the cannabis industry. Without compliance boxes checked, the operation will not be able to launch.
Cannabis nurseries are the secret pheno-hunting, seed-slinging, unsung genetics heroes of the cannabis industry. A growing number of cannabis nurseries—also called “breeders”—are emerging to supplyseeds and clones for the commercial and homegrow markets in Canada. Clones, tissue culture, and seeds—oh my!
Unless an indoor grow or greenhouse operation has shelled out huge money for automated solutions, the clones, cuttings or seeds most likely are going into some type of growing medium via manual labor. Planting is among the most labor-intensive parts of the cannabis growing process—and arguably one of the most crucial to get right.
After three full years of hemp cultivation, Linda Noel was confident 2021 would be a success. Because hemp-derived CBD is only legal for sale as a topical in the state, it’d bring about a lifeline for Massachusetts’ struggling hemp industry. That year, the state issued 13 hemp cultivation licenses, the outlet reports.
Applications may include ERP, seed-to-sale, compliance, and supplychain/logistics. coming in to compete with players like TaxNexus and offering a bundled Point of Sale solution with tax compliance. These companies offer solutions designed for cultivators, manufacturers, retailers etc. Introduction.
The combined complementary key capabilities of Akerna and 365 Cannabis will: Add the most robust cannabis-compliant Microsoft ERP on the market, establishing Akerna as the broadest portfolio of technology solutions provider for cannabis operators with a majority of the mainstream mid-market to enterprise finance, inventory, and operations solutions.
This financing provides vital capital to accelerate our plans to build one of the leading international medical cannabis companies with a unique seed-to-patient business model,” said Tej Virk, CEO and Director of Akanda. “In And we’re establishing a world class team. About Akanda Corp.
We also speak with Colton Griffin, CEO of Flourish Software , a seed-to-sale software solution for the cannabis and hemp industries. Press the Play button below to listen to the podcast. ? Follow the Link to Listen to Previous Episodes of the Cannacurio Podcast. Cannacurio Podcast Episode 28 Transcript. Welcome to the show.
Akanda launches with two key assets, CanMart and Bophelo, bringing pharmaceutical grade cannabis from Africa to supply UK, European and other international markets. We believe we have one of the industry’s best platforms to meet patient needs and gain market share in the rapidly growing international cannabis market.”.
The Galaxie Facility is expected to provide TGOD with additional cultivation, value added processing, packaging, extraction, and product development capabilities. The Galaxie Facility is expected to provide TGOD with additional cultivation, value added processing, packaging, extraction, and product development capabilities.
In Lesotho, we are putting the finishing touches on a cultivation expansion project which is expected to be completed over the coming months. Akanda is an international medical cannabis company cultivating cannabis of the highest quality at scale, leveraging trusted brands, at a low-cost compared to many of its competitors.
The episode points out that in California regulators originally said that cannabis cultivation licenses would be limited to operations up to one acre to support small farmers, but after a $1.6 In clips from a previously videotaped interview, Bierman compares himself to characters in the Eminem film 8 Mile. You’re not 8 Mile.
The crops grown from seed by Greenheart CBD which is an Irish company owned by Paul Walsh and Mark Canavan. The crops grown from seed by Greenheart CBD which is an Irish company owned by Paul Walsh and Mark Canavan. Presenting Greenheart CBD – a company about to embark on a journey in an industry that is exploding. Paul Walsh.
Experienced Cannabis Executive, Registered Pharmacist and European Patent Attorney to Lead Pharmaceutical Strategy & Operations, Corporate Quality Management, Legal & Regulatory Affairs. She will work closely with Akanda’s EU GMP processing and distribution partner Cantourage GmbH, based in Germany. .
In order to legally produce, possess, supply, cultivate, import or export cannabis products, there are various regulatory requirements that must be met, depending on whether the product contains a controlled drug or is classified as a CBPM. 19 August 2019. Authors – Carolyn E. Pepper and Jess Parry.
” InterCure, a Cookies international partner, is already cultivating, manufacturing and distributing GMP standard, Cookies-branded products through its Cookies national medical cannabis pharmacy chain. “We Cookies Partners With Leading Global Cannabis Company InterCure to Open Retail Locations in Austria and the U.K.
On Raw Garden’s website, as of May 2021, the Santa Barbara-based cannabis cultivation business lists “839 strains and counting,” each one an example of the breeding program at the heart of the garden. The idea of quality was really emphasized by the need to control the supplychain. 215 space. Courtesy of Raw Garden .
Curaleaf International’s cannabis flower products and extracted cannabis-based products now supply five separate markets, including Germany, Europe’s largest market for medicinal cannabis which is expected to be worth over €840 million by 2025 1. The annual sales in illicit market cannabis are estimated at around €11 billion 1.
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