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Are you wondering how a Seed-to-Sale ERP system can benefit your Cannabis business? You are not alone. As a player in the Cannabis industry, you must see the need for streamlined operations and regulatory compliance.
May 2023, the Department of Financial & Professional Regulation (IDFPR) announced that Illinois was switching its cannabis seed-to-sale tracking system from BioTrack to Metrc and listed this transition as an Essential Projects in the FY2023 Annual Cannabis Report and again in the FY2024 report.
hemp industry has not yet developed a mature, standard operating supplychain from seed to sale. The post New Publication: Best Practices for Developing a Reliable SupplyChain for Hemp Businesses first appeared on Cannabis Law Report. From Hemp Industry Daily… he nascent U.S.
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.
Are you wondering how a Seed-to-Sale ERP system can benefit your Cannabis business? Regardless of your position in the Cannabis SupplyChain, you will find it fitting to adopt […]. The post 4 Compelling Benefits of a Cannabis Seed-to-Sale ERP System appeared first on MaxQ Technologies.
Consider the following factors when choosing an integrated Seed-to-Sale Cannabis ERP system Are you seeking to streamline accounting functionality, task management, and internal supplychain operations while meeting Cannabis business compliance?
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.
This bill enables New York cannabis farmers to put seeds in the ground, so that the economic benefits of legalizing marijuana are not delayed for another growing season,” Cooney said in a press release. This bill allows us to start fulfilling that promise by creating a supplychain of products for retailers in this new economy.”.
Are you wondering how a Seed-to-Sale ERP system can benefit your Cannabis business? Regardless of your position in the Cannabis SupplyChain, you will find it fitting to adopt […] The post 4 Compelling Benefits of a Cannabis Seed-to-Sale ERP System first appeared on MaxQ Technologies.
Are you wondering how a Seed-to-Sale ERP system can benefit your Cannabis business? You are not alone. As a player in the Cannabis industry, you must see the need for streamlined operations and regulatory compliance.
A strong supplychain is essential to the success of any business, but building a supplychain in the cannabis industry presents unique challenges. One of the biggest challenges is finding cannabis license holders to build a strong and reliable supplychain. Your submission has been received! Use Technology.
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.
Washington state is rolling out its own marijuana seed-to-sale traceability system after having relied on the private sector for years, but so far, the government-run platform’s debut this month has been less than smooth. 7 in order to move away from Akerna’s Leaf Data System.
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.
Consider the following factors when choosing an integrated Seed-to-Sale Cannabis ERP system Are you seeking to streamline accounting functionality, task management, and internal supplychain operations while meeting Cannabis business compliance?
Consider the following factors when choosing an integrated Seed-to-Sale Cannabis ERP system Are you seeking to streamline accounting functionality, task management, and internal supplychain operations while meeting Cannabis business compliance?
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.
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.
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.
Mike Beaudry is founder and CEO of HERBL Solutions, California’s largest cannabis distributor and supplychain solutions company servicing more than 850 storefront and non-storefront retail licensees. including Costco, Walmart, CVS, and Target. Full Name: Mike Beaudry. Title: Founder & CEO. Company: HERBL.
FDA has accepted three generally recognized as safe (GRAS) notices for hulled hemp seed, hemp seed protein powder, and hemp seed oil, but all three of these contain only trace amounts of THC and CBD. California’s new CBD law (AB45) is attracting attention from cannabis operators far beyond the Golden State. They have 3.2
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 is a substantial contribution to an emerging policy issue with a plethora of new knowledge displayed throughout.
Fast-Growing Startup Secures Strategic Multi-Million Pre-Seed Investments from Executives at Blue Apron, Kellogg’s, USDA and others. The company also announced $1.75mm of strategic pre-seed funding from current and former leaders at several top companies and government agencies including Blue Apron, The Kellogg Company, USDA and more.
Beginning at PANA Organic Botanicals located at Needle Rock and throughout its 51,000 square foot, state-of-the-art, cGMP, extraction, manufacturing, testing and fulfillment center located in Golden, Colorado, Panacea operates in every segment of the CBD product value chain. (OTCQB:EXDI) acquired Panacea Life Sciences, Inc. ,
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.
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.
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
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.
This strategic partnership will create a vertically integrated seed-to-salesupplychain for Hawaiian hemp production and formulation. Sales are expected to commence in late 2019. Full press release at [link].
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.
Examples of plant-touching and ancillary businesses along the entire cannabis supplychain. They supply raw flower to dispensaries to be consumed in plant form or to processors & manufacturers for THC/CBD extraction. Distributors transport cannabis flower and manufactured goods from point to point in the supplychain.
A smaller but growing number of states also regulate the sale of products derived from hemp. SB 1020 provides for the creation of a plan for regulating the cultivation of hemp, pursuant to the 2018 Farm Bill, and legalizes the retail sales of hemp extract. This week we head south to Florida. percent on a dry-weight basis.
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. Cultivators play a crucial role in nurturing the plant from seed to maturity. Key stakeholders in the supplychain include cultivators, processors, distributors, and dispensaries.
EST. (CSE:LOWL; OTCQX:LOWLF) is a California-based vertically-integrated cannabis company with advanced production capabilities supporting every step of the supplychain, including cultivation, extraction, manufacturing, brand sales, marketing, and distribution. Link to Lowell Farms Services Video: [link]. SALINAS, Calif.,
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.
This bill enables New York cannabis farmers to put seeds in the ground, so that the economic benefits of legalizing marijuana are not delayed for another growing season,” Cooney said in a press release. This bill allows us to start fulfilling that promise by creating a supplychain of products for retailers in this new economy.”.
Seamless data tracking helps operators optimize inventory control, accurately report sales data, and improve cultivation management. The bill also created the Alabama Medical Cannabis Commission to regulate medical cannabis from the cultivation of the plants, to processing and testing the products, to final sales to patients in dispensaries.
And this is particularly concerning for the legal cannabis market that’s expanding to $12 billion in sales this year, with projections to reach $30 billion in four years. Many legal cannabis suppliers and retailers are being forced to operate in a cash-intensive market due to federal laws that limit access to traditional banking.
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.
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. The funding will help Truth Enterprises accelerate growth.
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