How Cannabis Got Fat and Sassy With a Little Help From Alaska May 1, 2023 Steven Schain Alaska 0 Comments By Steven Schain Butters, oils and fats are essential building blocks of cannabis-infused foods and beverages, the fastest growing segment of the legalized marijuana market that generated $30 billion in 2022 domestic revenue. The world of cannabis edibles just exploded… Read More→
Tools to Keep Cannabis Companies From Crashing in Oversaturated Markets March 16, 2023 Steven Schain News & Insights 0 Comments By Steven Schain Facing rising interest rates making capital even pricier, coupled with a highly saturated market competing for a limited customer base beset by plummeting prices and diminishing profit margins, it’s unclear whether Skymint will be liquidated or reorganized… Read More→
Cannabis’ Plummeting Price-Per-Pound and the Rise of Delta-8 THC December 12, 2022 Steven Schain Hemp Business Executive, News & Insights 0 Comments Although forming America’s sixth-largest crop yielding 48.8 million pounds of flower and $27 billion in legal sales annually, marijuana’s plunging price-per-pound and the availability of cheaper, unregulated hemp-derived tetrahydrocannabinol (THC) products is thwarting the cannabis industry. Whether cultivated indoors, outdoors… Read More→
How Cannabis is Conquering NFTs and The Metaverse November 7, 2022 Steven Schain Marketing 0 Comments By Steven Schain Imagine selling a product subject to 38 conflicting sets of labelling and marketing regulations that can neither cross state lines nor be purchased with a credit card. Now envision a global marketplace platform free of “transportation, purchase… Read More→
Are All “Cannabis Appellations” Malarkey? August 26, 2022 Steven Schain California, Policy & Legal 0 Comments To differentiate superior product, command higher prices, and create regional unity, California launched a Marijuana “appellation of origin” program validating sun-grown Cannabis’ geographical origin and production methods with a protective designation. While aspiring to mirror its wine industry counterparts’ success and… Read More→
Valuing That Golden Ticket: What’s a Marijuana License Actually Worth? May 2, 2022 Steven Schain Policy & Legal 0 Comments Building a cannabis enterprise requires staggering and constant fundraising and, because of the industry’s dynamic nature, any given license’s value is subjective, fluctuates with external factors beyond the licensee’s control, and may change by the minute. Contrary to popular myth,… Read More→
FDA Tackles “Cannabis-Derived Products” March 21, 2022 Steven Schain Federal 0 Comments If you can’t measure it, you can’t manage it! With Cannabis-Derived Products (“CDPs”) outpacing the existing science and imposing massive health concerns, in October 2021 the U.S. Food and Drug Administration (“FDA”) issued a “Cannabis-Derived Products Data Acceleration Plan” (“CDP… Read More→
Why the SAFE Banking Act Stinks for MRBs December 15, 2021 Steven Schain Banking, Finance & Real Estate 0 Comments Despite lessening criminal/administrative penalties and depository insurance obstacles, the SAFE Banking Act fails to put legal cannabis on equal footing with all other legitimate industries or make depository accounts and merchant services either available or affordable. Heralded by the cannabis… Read More→
Obtaining IP Protection for Cannabis Consumer Packaged Goods September 2, 2021 Steven Schain Intellectual Property 0 Comments How do you protect intellectual property rights in an insanely lucrative, nearly legal ingredient poised to detonate the consumer packaged goods (CPGs) industry? While the Wall Street Journal reports that cannabis 2020’s domestic sales exceeded $20 billion, and despite being… Read More→
How Delta-8 Hemp Sucker Punched Legalized Marijuana June 24, 2021 Steven Schain Hemp Policy & Legal 0 Comments Mirroring legalized marijuana’s tetrahydrocannabinol (Delta-9 THC) effects, hemp derived tetrahydrocannabinol (Delta-8 THC) requires no license, is readily available online and over-the-counter, and is cutting into legalized cannabis’ $20 billion-plus annual revenue. It gets you high, it’s cheaper than cannabis, and… Read More→
Data-Breach Concerns Rise As New York Launches Adult-Use Cannabis Program May 6, 2021 Steven Schain New York, Science and Technology 0 Comments Becoming the 17thstate to legalize Adult-Use Cannabis, on March 31, 2021, New York enacted the “Marijuana Regulation and Taxation Act” (“MRTA”) anticipated to generate $1.2 billion in annual sales by 2023. Because of the sensitive and protected health information that… Read More→
Jersey Clobbers “Cannabis Licensing Lawsuits” and launches Triumphant Adult Use Program March 22, 2021 Steven Schain New Jersey 0 Comments With the Eastern seaboard’s most ambitious Adult Use program primed to explode, New Jersey’s Superior Court Appellate Division (“Appellate Division”) just lifted its “stay” on scoring 18 month old Medical Marijuanaapplications clearing the way for 5 cultivation, 15 dispensary, and… Read More→
Why Cannabis Is Shut Out of $900 Billion Economic Aid Act January 18, 2021 Steven Schain Federal, Spotlight 0 Comments In tranches of up to $10 million, the federal government is doling out $900 billion of forgivable loans to borrowers other than “plant touching” marijuana-related businesses (MRBs). By Steve Schain In tranches of up to $10 million, the federal government is… Read More→
Why Jersey’s Adult Use Program Will Ignite East Coast Cannabis December 16, 2020 Steven Schain New Jersey 0 Comments With 44 million consumers banging on its door, and $950 million of revenue projected over the next three years, New Jersey’s adult use marijuana program is poised to define cannabis across the eastern seaboard. With 44 million consumers banging on… Read More→
Why Explosive Applications Create Bulletproof Marijuana Businesses November 4, 2020 Steven Schain Best Practices, Compliance and Regulations, Policy & Legal 0 Comments In 2019, legalized Marijuana’s domestic sales reached $11.7 billion, and grow, processing and dispensary licenses were valued at (and, reportedly, sold for) over $20 million dollars. Licenses are granted by the respective 33 states with Marijuana programs, most of which impose… Read More→