Virginia’s Road to Recreational Cannabis April 1, 2021 Eric Postow Best Practices, Policy & Legal, Virginia 0 Comments A New Era for Cannabis in Virginia When Virginia became the first southern state to pass legislation (HB2312 and SB1406) legalizing adult use recreational cannabis in February, it opened up a huge universe of possibilities. For future growers, processors, wholesalers,… Read More→
Top 5 Steps to Take Before Obtaining a Cannabis License in a Newly Legal State February 10, 2021 Henry Baskerville Best Practices, News & Insights 0 Comments By Henry Baskerville In November 2020, voters in five states passed legislation allowing some form of marijuana sales, joining the rising tide of cannabis legalization sweeping the nation. However, because cannabis is still classified as a Schedule 1 drug under… Read More→
Cannabis in the New Year: Old Challenges Meet New Opportunities January 25, 2021 Jacques Santucci Best Practices, Cannabis & Hemp Research, Opinions, Policy & Legal 0 Comments Despite a global pandemic that uprooted businesses around the world, the U.S. cannabis market showed no signs of slowing down in 2020, as we had predicted a year ago. Through lockdowns and mask mandates, the industry innovated how consumers purchase… Read More→
The New Era of Carbon Negative Footprint Cannabis Cultivation January 18, 2021 Bill Shevlin Best Practices, Cultivation 0 Comments By Bill Shevlin California grows some of the best cannabis in the world. Unfortunately, cultivation can have not-so-green consequences. From unregulated guerilla grows in the Emerald Triangle, to indoor cultivation in cities like Los Angeles, there are often negative side… Read More→
How Customer Data Can Drive Cannabis Operators’ Decision Making January 12, 2021 Bill Hewson Best Practices, Marketing, Retail, Supply Chain 0 Comments In traditional consumer packaged goods markets, the balance between retailers and manufacturers is dynamic and competitive. When it comes to consumer data and shopping behavior data, retailers have a huge advantage over their manufacturer providers. Why? Because they have access… Read More→
The Art of Competitive Cannabis Pricing January 4, 2021 Tate Behning Best Practices, Marketing 0 Comments By: Tate Behning Before cannabis was a legal option, prices in the unregulated market varied wildly depending on the whims of the individual seller. But as states find themselves at different points on the path to legalization, the market is rapidly… Read More→
What is CRM and why is it important in Cannabis marketing? January 4, 2021 Bill Hewson Best Practices, Marketing, Retail, Science and Technology 0 Comments How building a strong Customer Relationship Management List can super-charge your retail dispensary business. Imagine that you’re shopping at your favorite local sandwich shop. When you walk in, Wendy, the owner shouts hello to you over the counter with her… Read More→
If You Have Only Protected Your Cannabis Business Using the Minimum Security Required by Law, YOU ARE NOT SECURE December 21, 2020 Tim Sutton CPP, PCI, PSP, CHPA Best Practices, Medical Marijuana, Security 0 Comments This year has been filled with what has been termed peaceful protests. Unfortunately, the reality is these peaceful protests have left an undetermined amount of damage in their wakes sure to total tens of billions of dollars across the U.S.… 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→
How to Become Well-Connected in the Cannabis Industry October 20, 2020 Claudia Post Best Practices, News & Insights 0 Comments Just as we see in any industry, "who you know" plays a large role in how successful you become in the cannabis space. Whether you are a grower looking to link up with distribution channels or a SAAS provider pitching… Read More→
How a Dispensary’s Financial Foundation Shined During COVID-19 October 20, 2020 Maureen Ryan Banking, Finance & Real Estate, Best Practices, Coronavirus 0 Comments COVID-19 pandemic wreaked havoc on everyone’s 2020 plans—and cannabis companies were no exception. As in-person interactions shrunk, for instance, some companies had to rapidly rethink how they operate or risk alienating customers or missing out on a new opportunity. Fortunately,… Read More→
How to Choose the Right Co-Manufacturer for Your Infused Product August 11, 2020 Austin Stevenson Best Practices, Processing 0 Comments Austin Stevenson & Lauren Tamburro Launching a new product is exciting, but for a small business it can also be a significant challenge. Everywhere you turn, the stakes are high - and finding a responsive external or co-manufacturer can be… Read More→
New normal means new challenges for cannabis companies July 28, 2020 Joe Caltabiano Best Practices, Opinions, Retail, Spotlight 0 Comments For the cannabis industry specifically, our new norm means a business environment in which pandemic health concerns are here to stay, as are the effects on staffing and customer interactions. Cannabis sales may be rising in general, and the industry… Read More→
Why a proper COâ‚‚ extractor must precisely control all three key parameters June 22, 2020 Jeremy Diehl Best Practices, Processing, Science and Technology 0 Comments By Jeremy Diehl There’s a frightening moment for every COâ‚‚ extraction technician when they first step in front of a new system, tasked with producing beautiful oils. They’re expected to drive product development and, even more, sales that allow the… Read More→
Should cannabis companies get out front on leaseback plans? June 17, 2020 Joe Caltabiano Banking, Finance & Real Estate, Best Practices, Cannabis Investments, Spotlight 0 Comments Cannabis Business by Joe Caltabiano Companies in need of capital have a wealth of options in how they can raise it. From traditional bank loans to venture funding, line-of-credit accounts to angel investors, the sourcing choices are numerous. But that… Read More→