This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
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 officials recently released the Annual Cannabis Report for Fiscal Year 2024.
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.
Amendment 2, which became effective on December 6, 2018, legalizes marijuana for medical purposes, allows home growing, and imposes a 4% marijuana sales tax. First, Missouri implemented a seed-to-sale system which added many unnecessary layers between growing the plant and selling product to patients. million votes.
The nature of the position involves designing application receipt and review processes, review of detailed license and renewal applications, preparation of complaints cases for investigations, preparation of investigations cases for disposition, and oversight of vendor data systems for complex laboratory, seed-to-sale tracking, and complaints.
Most states’ regulated cannabis regimes require licensed cannabis companies to use seed-to-sale track-and-trace software. This leads me to a post I wrote several months ago on how data breaches are likely to ravage the cannabis industry.
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.
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.
Google announced in May, 2019 that they had updated their policy section of the Google to ban apps “that facilitate the sale of marijuana or maijruan products, regardless of legality.” Under the new Apple policy , an app must be submitted by a legal entity and geo-restricted to places where cannabis is legal.
However, due to the country’s rough history with alcohol and drug usage among teens, particularly in the 90’s, the country’s policies towards cannabis are quite strict. The seeds may be used to grow hemp plants with 0.2% Yet further inspection of the facts shows that the study’s data was misrepresented. A brief legal overview.
The nature of the position involves designing application receipt and review processes, review of detailed license and renewal applications, preparation of complaints cases for investigations, preparation of investigations cases for disposition, and oversight of vendor data systems for complex laboratory, seed-to-sale tracking, and complaints.
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. They’ve also had presentations offering data from the state’s seed-to-sale tracking system, and panels on insurance products and forms.
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. MONTRÉAL, Aug.
Review applications, including conducting inspections renewals, and tracking data from entities who wish to obtain or renew licensure or registration to engage in cannabis activity. Conduct inspections of licensed entities to monitor compliance with all applicable laws, regulations, policies, and procedures. Duties Description.
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.
Unlike hemp derivatives– hulled hemp seed, hemp seed protein powder, and hemp seed oil–which were added to the FDA’s Generally Recognized as Safe (GRAS) inventory, the FDA also confirmed that, at this time, CBD is not generally recognized as safe for use in human or animal food.
Although Germany’s medical cannabis policy is in its early stages, it still outshines other European cannabis markets due to its colossal growth. Nonetheless, in November, the first seeds to be legally sown on German soil were planted inside Berlin-based company Demecan’s grow house. billion (USD$8.4 billion) by 2028.
A preliminary draft rule related to the tracking and tracing of products in the Maine Medical Use of Marijuana Program is currently available for review on the Office of Marijuana Policy’s website: [link]. Individual products available for sale to consumers or patients must meet the state’s packaging and labeling requirements. .
Although the seeds of a legal market are only just beginning to sprout out of Japan’s prohibitionist landscape, there’s no denying the fact that the growth opportunities are immense in this East Asian country. On Tuesday, January 24, several legislative bills were unveiled by the Japanese government. ‘1948 Law No.
The nature of the position involves designing application receipt and review processes, review of detailed license and renewal applications, preparation of complaints cases for investigations, preparation of investigations cases for disposition, and oversight of vendor data systems for complex laboratory, seed-to-sale tracking, and complaints.
We compiled quantitative data to better understand barriers to entry and sustainability in legal cannabis markets,” Amber Littlejohn, Executive Director of the MCBA, told The Cannigma. 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.
The nature of the position involves designing application receipt and review processes, review of detailed license and renewal applications, preparation of complaints cases for investigations, preparation of investigations cases for disposition, and oversight of vendor data systems for complex laboratory, seed-to-sale tracking, and complaints.
9:45-10:45 AM: Federal cannabis policy: Coalition views on state and federal roles in a future national marketplace. Andrew Freedman, Executive Director, Coalition for Cannabis Policy, Education, and Regulation. Panelists: Michael Cooper, Co-Chair, Policy Committee, National Cannabis Industry Association. This Was The Agenda.
In the latest episode of the Cannacurio Podcast from Cannabiz Media, my co-host, Amanda Guerrero, and I discuss speak with Lews Koski, Chief Operating Officer of Metrc , a leading seed-to-sale track-and-trace technology company for the cannabis and hemp industries. Press the Play button below to watch and listen to the podcast. ?
An insurance policy can consist of a couple hundred pages that include numerous coverage forms; lists of defined terms of great legal significance such as “occurrence,” “property damage,” and “bodily injury;” pages of exclusions; pages of endorsements that modify the coverage forms; and riders that condition or limit the coverage.
It should be noted that the CMA represents Canadian physicians, promoting, among other things, health policies, strategies, and access to quality health care. Since 2001, Canadians seeking to use cannabis for medical treatment have had access to it under the Marihuana Medical Access Regulations (MMAR ).
This advisory provides an overview of key regulatory activity and priorities that should be on the radar of any company engaged in the development or sale of products that contain CBD. 2 At the conclusion of the meeting, FDA stated that it would form an internal working group to study data gaps relating to CBD. Godfrey , Evelina J.
Senior Policy Fellow. drug policy would effectively remove most federal restrictions against marijuana and state-licensed marijuana businesses. drug policy would effectively remove most federal restrictions against marijuana and state-licensed marijuana businesses. . — Rep. Nancy Mace (@RepNancyMace) November 15, 2021.
If Florida plans to increase its medical marijuana program through new legislative policies and marijuana dispensary standardized procedures, how exactly do we attempt to accomplish this? If you wish to re-publish this story please do so with following accreditation. AUTHOR: Heather Allman. PUBLISHER: CANNABIS LAW REPORT. CANNABIS PRIMER.
Schwazze is the parent company of a portfolio of leading cannabis businesses and brands spanning seed to sale. Schwazze is anchored by a high-performance culture that combines customer-centric thinking and data science to test, measure, and drive decisions and outcomes. Medicine Man Technologies, Inc.
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. The amendment allows licensed hemp producers and processors to sell their products to medical and adult-use cannabis dispensaries in the state. A Struggling Industry.
Unknown price and demand, lack of historical data leave planners with limited information. Although consumption of or participation in these “sins” can change dramatically, analysts at least have historical data from across the nation to guide forecasts. How will tourism and cross-border sales affect revenue? Source: [link].
But that’s exactly what’s happening for this seed-to-sale leader that’s paving the way in the business. The resulting data was compiled and analyzed, becoming custom regimens for each cultivar—down to temperature, humidity, light intensity, feed schedule, and pruning technique. Find Trulieve in Florida. Courtesy of Trulieve.
According to OCS salesdata, cannabis capsules and softgels accounted for $14,013,000 in sales. June 2021 salesdata from the Ontario Cannabis Store reveals that cannabis capsules are now more popular, dollar-for-dollar, than chocolate or gummies. It turns out I wasn’t the only one. Adobe Stock).
Immediately, regulators in other states with newly legalized programs will seek to avoid similar pitfalls while striking an effective regulatory balance: Oregon’s unlimited license policy is an opposite example of what other states yet prefer to avoid. If you wish to re-publish this story please do so with following accreditation.
26 with approximately 10,000 hemp seeds planted in a single day. The Company has executed a sales agreement to sell $1 million worth of DrillWall over the course of one year. (Read the full press release here.) . CEO Bruce Perlowin’s role as the subject of the No. 1 most watched CNBC documentary of all time “Marijuana Inc.”. “In
Reported cannabis sales increased 46% in 2020 alone , and as legalization continues nationwide more and more opportunities to invest are sprouting up. From the seed to the sale, all good investors should roll up their sleeves and dig into the fundamentals of the businesses they invest in. Buy organic. Break down the research.
A GRAS notification, in part, should include a description of the identity and method of manufacture, specifications, physical or technical effect of the substance, estimation of dietary exposure, and supporting data and information. Delta-8 THC and other Artificially Derived Cannabinoids. 21 CFR 170.230, 170.235, and 170.255.
Across the country, retail stores and medical dispensaries are seeing large revenues, despite the even larger burden of regulations and the persistent federal prohibition of the practice. One of the first states to legalize recreational marijuana was Colorado, followed by Washington and Oregon. 1] [link] ; [link]. [2] How do I start a dispensary?
Because of the interest in the North American market, we can expect continued interest in the United States which should lead to further inbound investment. Additionally, the growing experience of U.S. cannabis entrepreneurs along with the desire for investment on the part of U.S. This article will discuss the U.S. Income” tax.[5]
My personal year in cannabis began on New Year’s Day, when I waited in line along with countless other Californians to buy some cannabis on the first day of legal adult-use sales. RELATED STORY. The Top 10 Cannabis Stories of 2018. Or that Big Tobacco just invested $2.4 billion dollars in the weed business ( f**k!). RELATED STORY.
They write. An introduction to the UK cannabis industry:?shares, shares, companies and regulation. The UK has taken tentative steps toward legalising cannabis but has a long way to go before embracing marijuana like other nations. We have a look at the UK cannabis sector and the top UK marijuana stocks. Source: Bloomberg. Institutions like the?Royal
Senate Bill 149 , a nonpartisan bill introduced on March 7, proposes new reporting requirements for such marijuana business violations as sales to underage minors, contaminated product recalls and black market activity. Westword reports. BILL SUMMARY. Improve Marijuana Industry Regulation. 2022 Regular Session. BILL SUMMARY.
This is the Cannacurio Podcast by Cannabiz Media, your source for cannabis and hemp license news directly from the data vault. . This is the Cannacurio Podcast by Cannabiz Media, your source for cannabis and hemp license news directly from the data vault. . Press the Play button below to watch and listen to the podcast. ?
In November 2020 the ECJ concluded that CBD extracted from the Cannabis sativa plant in its entirety — and not solely from its fiber and seeds — cannot be regarded as a narcotic drug. For further information on the novel food application process see our latest post on European CBD Sales: Securing a Novel Food Authorization.
We organize all of the trending information in your field so you don't have to. Join 14,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content