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Exclusive licensing of certain of Avicanna’s advanced and evidence-based CBD topical products including its deep tissue and skin care formulations. Heritage to lead medical sales and commercialization across non-competing medical channels in Canada under the Opticann brand. They are a great strategic fit.
This burgeoning industry encompasses a wide range of activities, including cultivation, processing, distribution, and retail sales of medical cannabis products. Recent trends indicate a growing interest in alternative forms of consumption, such as edibles, topicals, and concentrates, in addition to traditional flower products.
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.
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.
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.
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. Hemp-CBD in Food.
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
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. They supply dispensaries with manufactured products. created in partnership with Good Tree Capital.
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.
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.”.
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.
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!
The Transaction is expected to achieve cost synergies through combining activities in supplychain and distribution, research, and product development, as well as cost reductions in sales, general and administrative activities, and general overhead. The Green Organic Dutchman Holdings Ltd. Galaxie’s 26,000 sq.
Bolsters beverage portfolio with the addition of proprietary nanotechnology and rapid onset delivery technology for beverage, topical and edible products, allowing BevCanna to vertically integrate its supply for select in-house and white-label clients. The acquisition also bolsters BevCanna’s balance sheet,” noted Mr. Campbell.
The first topic we’ll cover is how to start a cannabis business, including tips on location, cost, and long-term success in cannabis. For example, suppose you have a strong background in supplychain. This article is the first in a series called, “So you want to start a canna biz?” created in partnership with Good Tree Capital.
TGOD to acquire Galaxie Brands Corporation. Acquisition significantly expands and diversifies TGOD’s product portfolio through: Galaxie’s exclusive joint venture in Canada , with a major U.S. cannabis edible brand. Strengthen TGOD’s executive capabilities with addition of industry veterans and former Canopy Growth Corp.
This includes developing the CBD product, having the ingredients sourced, managing the manufacturing and testing components, developing your own packaging, shipping your product out to various warehousing and distribution centers, driving sales, dealing with returns and much more. This allows you to focus on your customers and driving sales.
Listen & Subscribe: By now, we’ve all heard of the concept of using cannabis to treat ailments like cancer, ALS, Parkinson’s, seizures, HIV, AIDS, Crohn’s, and terminal illnesses, but fortunately, those aren’t necessarily what physicians are most commonly confronted with. Melanie Bone, a physician in Florida practicing cannabis-based medicine.
Initially started off in manufacturing and supplychain, and then moved over to accounting, working for the likes of folks like NetSuite and using SAP in the past. 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 34 Transcript.
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