Coronavirus Crisis or Not, It’s Time to Ensure Your Cannabusiness Isn’t Overexpanding June 16, 2020 Chris Woods Best Practices, News & Insights, Op-Ed, Spotlight, The Buck Stops Here 0 Comments By Chris Woods, CEO, Terrapin Care Station In January, Motley Fool asked whether 2020 would be the year of cannabis stock bankruptcies. And if business leaders aren’t careful about their growth, the answer will undoubtedly be “yes.” While the impact… Read More→
Public Health, Protocol, and Profitability in Cannabis Cultivation” May 19, 2020 Christian Castiglione Best Practices, Cultivation 0 Comments "The frequency of fungal infections associated with cannabis is unknown but is a growing concern as more states legalize its medicinal and recreational use,” observes a new study from the CDC1. The study’s results indicate a 3.5x increase in the… Read More→
Bankruptcy, Receivership and Cannabis Insolvency April 20, 2020 Jacques Santucci Banking, Finance & Real Estate, Best Practices, Cannabis Investments, Policy & Legal 0 Comments As I started to write this article, the economy was still booming, despite the expectation of an impending adjustment in the market. Now, amidst the global COVID-19 pandemic, I still intend to share my thoughts surrounding bankruptcy and receivership in… Read More→
Getting Started in Hemp Extraction: Step Two, Part Two: Choose & Design Facility April 13, 2020 Laura Breit, PE Best Practices, Hemp Business Executive 0 Comments When designing cultivation facilities or other business types, the design process typically starts with first choosing a property, then choosing a building, and then designing the equipment and systems to outfit the building. When it comes to hemp extraction, we… Read More→
Perfect Union Leads the Way in Coronavirus Bonus Pay Extended to Employees April 9, 2020 Press Release Best Practices, Coronavirus, Press Releases 0 Comments PRESS RELEASE Extends additional hardship allowance to both UFCW employees and front-line management. SACRAMENTO, Calif.--(BUSINESS WIRE)-- Perfect Union, one of the nation’s premier cannabis dispensary operations, announced the extension of their retail-industry leading coronavirus bonus pay program for employees. The… Read More→
Why The Best Cannabis Clients are Seniors April 8, 2020 Sonia Luna Best Practices, Cannabis & Hemp Research, Medical Marijuana 0 Comments I'm often fascinated by retailers that are sometimes dismissive about taking the time to educate senior citizens about the benefits of cannabis as a medicinal solution to chronic illnesses. I believe Seniors who are adults 65 years and older should… Read More→
Cannabis Communication in the time of COVID-19: Six Key Takeaways April 2, 2020 Shawna Seldon McGregor Best Practices, Coronavirus, Marketing 0 Comments As we entered the new decade, we knew 2020 was going to be a big year for headlines: a presidential election; The Olympics; a booming economy. As January dawned, the cannabis industry was also preparing for a big news year,… Read More→
Getting Started in Hemp Extraction: Step Two, Part One: Choose & Design Facility February 10, 2020 Laura Breit, PE Best Practices, Hemp Business Executive, Hemp Industry News 0 Comments When designing cultivation facilities or other business types, the design process typically starts with first choosing a property, then choosing a building, and then designing the equipment and systems to outfit the building. When it comes to hemp extraction, we… Read More→
Using Quality as a Competitive Differentiator in the Cannabis Industry February 3, 2020 Susan Gunelius Best Practices, Compliance and Regulations, News & Insights, Standards and Certification 0 Comments In the aftermath of the recent vaping epidemic, cannabis consumers and businesses are paying more attention to quality than ever. For the sake of the industry’s long-term growth, let’s hope that concern translates into action with both time and monetary… Read More→
2020 Cannabis Industry Outlook January 27, 2020 Jacques Santucci Best Practices, Compliance and Regulations, News & Insights, Newsletters, Opinions 0 Comments The New Year marks a noteworthy turning point in our country, economically, politically, and culturally. The decade ahead will likely include transformation and accelerate innovation within the cannabis industry, in continuation of previous years’ trends and with continued advancement towards… Read More→
Three Threats That Can Harm a Cannabis Business: Cyberattacks, Fraud, and Non-Compliance December 10, 2019 Mark Bednarz Best Practices, News & Insights 0 Comments By Mark Bednarz, CPA, CISA, CFE, Partner Board members and company executives know the importance of preserving an organization’s reputation and taking action to safeguard it from threats. Having a positive image can help drive value for a cannabis business.… Read More→
5 Key Considerations When Starting Your Cannabusiness December 2, 2019 Bryan Johnson Best Practices, News & Insights 0 Comments The estimate is staggering: $30,000,000,000. That’s a lot of zeros and a forecast of annual legal cannabis sales by 2025—this as more and more states legalize marijuana for medical or recreational use. No question, the cannabis business is booming, which… Read More→
Getting Started in Hemp Extraction: Step One: Choose Processing Method October 7, 2019 Laura Breit, PE Best Practices, Hemp Industry News 0 Comments Thanks to the 2018 Farm Bill, hemp is legalized federally and continuing to expand in popularity. Last year, the United States saw nearly 80,000 acres of licensed industrial hemp grown in 23 states (more than tripled from the year prior),… Read More→
Did the Tax Cuts and Jobs Act Remove the Teeth of 280E? August 14, 2019 Ben Condon Best Practices, Policy & Legal, Retail 0 Comments It seems that a cannabis dispensary could make a very strong case to run a portion of rent, payroll, utilities, security, and other overhead items through cost of goods sold... Read More→
Design & Construction Considerations for Cultivation and Processing Operations: Part Three June 3, 2019 Laura Breit, PE Best Practices, Cultivation 0 Comments By Laura Breit, PE & Dylan Carey, EIT Process equals product when it comes to designing and building a cannabis cultivation or processing operation. A well-executed design and construction process will result in a well-functioning and well-built facility that will yield… Read More→