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National DCP, Dunkin Donuts’ supplychain management company, faces charges filed by a former employee, alleging he was wrongfully terminated after failing a drug test which resulted positive for marijuana. From Big Report.
Since COVID-19 rocked the economy, cannabis businesses and supplychains claim to have been playing catch-up to get back to business as usual. states with Adult-Use and recreational cannabis markets generate huge amounts of tax revenue from recreational sales. As perhaps one of the most talked-about topics for U.S.
As debates heat up over recreational cannabis, all eyes turn to Ohio and its potential legalization. Ohio, often viewed as a bellwether state, now faces a defining question: Will it join the growing roster of states opting to launch legal recreational marijuana markets? in recent years. Passions run deep on both sides.
billion by 2027 driven by both expanded medical and recreational use American businesses risk being sidelined. is also forfeiting the opportunity to shape and lead the global marijuana supplychain for decades to come. marijuana producers into the global supplychain. Beyond lost market access, the U.S.
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. He continued, “We passed adult-use recreational marijuana with the promise of investing in communities most negatively impacted by the failed War on Drugs.
Security Matters claims its chemical solution will help manage the supplychain of cannabis by marking any cannabis product, in its solid, liquid, or gas form, with a chemical-based barcode recorded and protected using blockchain technology.
Are there any efforts to legalize recreational cannabis nationwide? However, no immediate plans exist at the federal level to legalize recreational cannabis. Import, Export & SupplyChain Regulations 17. Develop clear, compliant drug policies addressing both medicinal and recreational use.
SAYREVILLE, NJ — The Sayreville Council has introduced an ordinance that would ban both recreational and medical marijuana businesses from operating in the borough. “You’re messing with the supplychain of medicine for people… They need your help.” Tap Into reports. ” Grimes said.
And for good reason: the recreational market is expanding. The industry consensus is that the total THC requirement is impractical and likely devastating to cultivators and, therefore, to every business in the hemp supplychain. Hemp is legal. CBD and other cannabinoids are fast becoming (if not already) household names.
Medical: Yes Recreational: No. Recreational cannabis is not legal in Poland and the plant is still legally considered a narcotic. In March 2022, an new act was passed to allow the growing, harvesting, and processing of hemp in Poland for medical products, marking the first steps toward a Poland-based supplychain for medical patients.
As we entered 2020, twelve states had legalized adult-use, recreational marijuana. There’s also the move toward (and subsequently away from) vertical integration, with companies positioning themselves to own and control their entire supplychain. The 2010s were a big decade for cannabis.
Trulieve gathered petition signatures to put recreational cannabis on Florida’s 2024 ballot, Germany released a legalization bill draft, and a bipartisan push aims to fix the Department of Defense’s hiring problem. Florida Takes Important First Step in Fight for Recreational Use—So, What Now?
Expectations include continued increased sales and demand in multiple states, with a special emphasis on the emerging recreational market in Arizona.” The post Investors Pleased With Hollister Biosciences Financial Results appeared first on Green Market Report.
In New York, board officials would issue licenses for different steps of the supplychain — farming, processing, distribution, dispensaries and retail “consumption” sites, the memo says. The new state office would oversee the regulation of the adult-use and medical cannabis programs. Read more at CNN ]. View original article.
have gone a step further and legalized the recreational use of cannabis. As recreational cannabis is easily available in the market with an economical price tag, the demand for the same has increased exponentially. The recreational-use segment is expected to be the fastest-growing segment during the forecast period. Switzerland.
COVID-19 has also posed major problems for other global supplychains, mainly due to the supply shockwave that erupted in China in February of 2020. Harvest Health & Recreation Inc. Cannabis Sativa, Inc. Cannabis Science, Inc. Canopy Growth Corporation. Cronos Group Inc. Ecofibre Limited. Green Thumb Industries.
OLCC Provides Oregon Legislature with Recreational Marijuana Supply and Demand Study. . Portland, OR — Today the Oregon Liquor Control Commission provided the Oregon Legislative Assembly with the 2019 Recreational Marijuana Supply and Demand Legislative Report required by ORS 475B.548. January 31, 2019.
Here’s why supporting this model is the first step in helping licensed producers reach their consumers in an authentic way that still adheres to Health Canada’s regulations — and why there is still work to be done to improve overall industry perception and supplychain demands. . What is farmgate cannabis retail? View original article.
Recreational cannabis remains illegal and weed is a class B substance , meaning possession and sale can result in jail time. Operating on the black market means no one in the supplychain has to pay taxes or fees, saving the end customer money. A 2018 report found that the illegal cannabis market in the UK was valued at £2.6
Although cannabis has not been legalized for medical or recreational use, the country’s Ministry of Health has authorized organizations to cultivate, process and test cannabis and hemp plants for medical purposes. Spain was one of the first European countries to decriminalize the personal use and cultivation of cannabis for self-consumption.
In January 2014, Colorado implemented a commercial cannabis market for pleasure – the first jurisdiction globally to implement a regulated, adult-use cannabis supplychain from seed-to-sale. It was reported as an historic occasion that presaged a grand social and economic experiment in drug legalisation.
The City of Copenhagen has put forward a motion to trial the legalisation of recreational cannabis for five years. Cannabis Wealth in the UK report. The proposal suggests trialing the legal cannabis sales from state-controlled outlets where citizens can buy, store, grow and consume cannabis for personal use.
The Department issued the extensions after considering supply-chain issues and the business-related consequences of COVID-19. Based on a report issued by the IPR, just two of the 88 social equity licensees have opened for business so far, with an additional 21 already serving the state’s recreational cannabis market.
Additionally, while construction at our Pennsylvania and Virginia grower-processor facilities has progressed, both projects are currently facing approximately three-month delays due to disruptions in the supplychain, which have negatively impacted the availability and pricing of construction materials.
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.
Pew Research Center “found that 88% of US adults are on board with marijuana legalization for either recreational or medical use.” Rising consumer demand, supplychain shortages, and weather phenomena combined with inflation, and we see issues that are greatly impacting the agricultural community. As of Nov.
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 supplychain issues, and enhancing the customer experience.
In Chicago, where medical marijuana has been legal since 2014, and recreational marijuana has been legal for just over a month, people from many facets of the real estate industry — brokers, architects, contractors, real estate owners — came to learn about the new opportunities and pitfalls of the cannabis industry.
Throughout its history, Green Dragon has had extensive experience in both the medical and recreational cannabis markets and is well positioned to expand its retail footprint across the country.
Since 2015, the company has been dedicated to creating new product opportunities and solving challenges throughout the supplychain by leveraging proprietary next generation breeding, chemistry, and tissue culture technologies. Rooted in the community, we are Colorado’s Happy Place.
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. The following year, the Czech Republic and German governments announced plans to develop a legal framework to establish a regulated market for recreational sales.
“We are delighted to be expanding our Craft Cannabis Collection in the Province of Ontario – Canada’s largest and fastest growing recreational cannabis market,” stated Sugarbud’s CEO, John Kondrosky. About Sugarbud. We Take Pride. We Take Our Time…………. Experience the Difference. CONTACTS: John Kondrosky.
Medical: No Recreational: No Reciprocity: N/A. The bill also failed to create a supplychain system to legally purchase this oil in-state. Both medical and adult-use cannabis are illegal in Wyoming. The state does allow the possession and use of high CBD, low THC (less than 0.3%) products if recommended by a physician.
What the concept of cannabis grow clubs represents is an opportunity for significant SMME participation in the increasingly valuable cannabis supplychain. It is understandable that the State should seek to limit the proliferation of buying and selling recreational cannabis, this being unlawful. said an appeal was forthcoming.
October 17, 2018, was the day when Canada approved recreational cannabis as per the Canada Act. The diverse supplychain and the demanding customers are helping the growth of this industry every passing day. . Editors Note: This is a guest post. . And guess what? Enter 2021- What Changed?
Growery”), one of the few license holders entitled to participate in the Controlled Cannabis SupplyChain Experiment (the “CCSC”). Our investment in Growery is a significant advancement for our global recreational cannabis strategy. The agreement is subject to the regulatory notification procedure.
Another critical issue is supplychain integrity. The international distribution channels being built today will one day serve as conduits for the recreational cannabis trade as well. Although good manufacturing practice (GMP) adherence is required to ship medical cannabis to the E.U.,
Unfortunately, the government has so far failed to exploit a massive, untapped market for recreational cannabis consumption, both locally and globally, Retief said. In 2012, its citizens voted to legalise recreational marijuana use for adults. Health and safety standards and supplychain controls also need to be determined.
Cannabis products are being produced and distributed in an increasing number of forms while a growing variety of cannabis-infused foods and beverages are being marketed in growing number of states with legal recreational cannabis. The investigation is a reminder to those in the cannabis product supplychain?such
Medical : no formal program Recreational : partially decriminalized. In July 2021, amendments to the Act were introduced that would legalize an adult-use cannabis market, with eight different license types to create a legal supplychain. The status of cannabis in Belize is complicated.
The Rules establish the recreational cannabis industry in New Jersey and allow the CRC to begin licensing businesses as soon as possible. The Rules specify different classes of licenses for each stage of the supplychain. ATCs must also pay a fee for getting approval to expand into recreational operations. Submission Fee.
A Windsor, Ontario-based company Audacia Bioscience is especially focussed on three patented technologies that deliver consumer and patient insights to the industry to close the knowledge gaps in the supplychain. Virtual Clinical Trials transcend geographic, mobility and economic barriers.
The bumpy rollout underscores the difficulties of developing from scratch a key regulatory platform to oversee the recreational cannabis supplychain, from seed to sale. Recreational Cannabis. Washington is believed to be among the first states to launch such a system with the aim of simplifying the process.
This referendum will ask the public whether the recreational use of cannabis should become legal. The referendum will give the public the opportunity to vote on whether the recreational use of cannabis should become legal. Licensing the whole of the supplychain. Summary-of-current-policy-positions. They write.
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