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You are here: Home / Archives for News & Insights

News & Insights

Descheduling Cannabis Will Not Relegate Its Sale Exclusively to Pharmacies; It Will Empower States to Regulate Cannabis as They Seem Fit

March 5, 2021 by Paul Armentano Leave a Comment

By Paul Armentano A recently featured article in CBE, entitled “Implications of the MORE Act and Possible Federal Legalization of Cannabis,” opines that removing the cannabis plant from the federal Controlled Substances Act – as initially proposed by the Marijuana Opportunity Reinvestment and Expungement Act of 2019 – will reclassify it as a prescription-only substance. […]

Filed Under: News & Insights, Op-Ed Tagged With: descheduling, Federal legalization, Federalism, NORML, The MORE Act

Louisiana-based Waitr getting into the marijuana delivery business; here’s how it’ll work

March 5, 2021 by AggregatedNews Leave a Comment

delivery

Lafayette-based food delivery company Waitr said it is teaming up with Flow Payments to create a specialized platform for the sale and delivery of legal marijuana. The company said the partnership will use Waitr’s proprietary delivery technology along with Flow’s payment processing capabilities to create a platform that abides by federal and state laws. According to Leafly, a […]

Filed Under: On the Move Tagged With: florida marijuana, food delivery, Legal Marijuana, louisiana marijuana, marijuana delivery, Waitr

Cannabis Potency is Under Attack. It’s Time to Respond

March 4, 2021 by Peter Marcus Leave a Comment

For decades, opponents of cannabis legalization have relied heavily on scare tactics, untruthful rhetoric and increasingly unpersuasive propaganda to cast cannabis in a negative light. From the “Reefer Madness” era of the 1930s to the declaration of a formal “war on drugs” in the 1970s, significant efforts continue to be made encouraging a return to […]

Filed Under: News & Insights, Op-Ed, Spotlight Tagged With: Colorado, marijuana potency caps, Rep. Yadira Caraveo, Smart Approaches to Marijuana (SAM), Washington

U.S. Cannabis Sales Hit Record $17.5 Billion As Americans Consume More Marijuana Than Ever Before

March 4, 2021 by AggregatedNews Leave a Comment

The coronavirus was good for some industries and ruinous for others. For cannabis, 2020 was a breakout year. Legal sales across the U.S.—15 states allow adult use, 35 allow for medical sales—hit a record of $17.5 billion, a 46% increase from 2019, according to a new report. Most of the sales growth came from adult-use markets, especially mature markets like Colorado, […]

Filed Under: News & Insights Tagged With: COVID-19, Legal Marijuana, marijuana industry, marijuana revenue, marijuana sales, marijuana taxes, medical marijuana, pandemic, recreational marijuana

Vaping marijuana linked to lung injury in teens, study says

March 4, 2021 by AggregatedNews Leave a Comment

marijuana vaping

Teens are about twice as likely to report “wheezing or whistling” in the chest after vaping marijuana than after smoking cigarettes or using e-cigarettes, a new study has found. “This surprised us, we thought we would find more negative respiratory symptoms in both cigarettes and e-cigarettes users,” said study author Carol Boyd, co-director of the […]

Filed Under: Vaping Crisis Tagged With: Lung Disease, marijuana teens, marijuana vaping, US Centers for Disease Control and Prevention

Consequences of COVID: Severe Stress Rises Among Men

March 4, 2021 by Alexandra Curley Leave a Comment

This article explores the impact that the pandemic has had on men in particular and what that might mean for the CBD industry. In September and October 2020, High Yield Insights ran a national study on consumer lifestyles, the impact of Covid-19, and an in-depth questionnaire on CBD usage. Nearly 13,500 men aged 21+ in […]

Filed Under: Advertising, Marketing, PR & Research Tagged With: CBD, COVID-19, High Yield Insights, Male Stress

The 10 Best Marijuana Stocks in February

March 3, 2021 by AggregatedNews Leave a Comment

stocks

Following a more than one-year downtrend, there’s no longer any doubt about it: Marijuana stocks are back in a big way. Cannabis projects as one of the fastest-growing industries this decade, with a report from New Frontier Data suggesting that U.S. pot sales could potentially triple by 2025 to as high as $41.5 billion annually. […]

Filed Under: Cannabis Investments Tagged With: Legal Marijuana, marijuana investments, marijuana stocks, medical marijuana, recreational marijuana, S&P 500

U.S. Marijuana Legalization Could Decide Future of Canadian Marijuana Stocks

March 3, 2021 by AggregatedNews Leave a Comment

While I analyze the entire legal marijuana industry—both U.S. and Canadian pot stocks—there’s a fundamental difference between the two. The simple fact is that what’s good for U.S.-based pot stocks may actually be bad for Canadian weed stocks, and vice versa. As a marijuana stock investor, it’s important to understand what those opposing forces are and how […]

Filed Under: Cannabis Investments Tagged With: canada marijuana, marijuana investments, marijuana legalization, marijuana stocks, recreational marijuana, stock market, us marijuana

Gov. Inslee Appoints David Postman as Chair of the Liquor and Cannabis Board

March 3, 2021 by Press Release Leave a Comment

Washington Medical Marijuana Industry

PRESS RELEASE OLYMPIA – The Liquor and Cannabis Board (LCB) today announces that Gov. Jay Inslee has appointed David Postman as Chair of the LCB Board. Prior to his appointment, Mr. Postman had served as Gov. Inslee’s chief of staff from Dec. 2015 until Nov. 15, 2020. He served in the Inslee Administration since the […]

Filed Under: Industry People Tagged With: David Postman, The Liquor and Cannabis Board (LCB), Washington

Chinese CBD Market In The Sights Of Yooma After £6m EMMAC Deal

March 3, 2021 by Peter McCusker Leave a Comment

UK cannabis business EMMAC Life Sciences Group has sold its Yooma Wellness business for over $8m with the emerging Chinese wellness market in the sights of its new owners. Canadian Securities Exchange-listed Yooma has acquired the Blossom, MYO, Hello Joya and What the Hemp brands which have a strong presence Asia. EMMAC and Yooma had […]

Filed Under: China, Mergers & Acquisitions Tagged With: Chinese wellness market, EMMAC Life Sciences Group, Yooma Wellness Inc.

How to prepare for a “SPAC-tacular” exit: Get Your Cannabis Company Ready for Acquisition in 4 Steps

March 1, 2021 by Dan Roda Leave a Comment

By Dan Roda, J.D., LL.M. Demand for medical and adult-use cannabis far exceeded expectations in 2020. The industry was declared to be essential, and from coast-to-coast revenue hit an all time high. In 2021, federal legalization of cannabis is inching closer to being a reality and an unprecedented level of capital is prepared to enter […]

Filed Under: Banking, Finance & Real Estate, Mergers & Acquisitions Tagged With: Cash Flow, intellectual property, Revenue, SPAC (Special Purpose Acquisition Companies

How to Save $200,000 (and Lose $3 Million) Launching Your Cultivation Start-Up

March 1, 2021 by Ryan Douglas Leave a Comment

Start-ups have two options for building a new cultivation site: they can either piece together all of the individual components that make up a cultivation facility or invest in a turnkey project. Although turnkey facilities initially cost more than do-it-yourself projects, they offer entrepreneurs the benefit of a reduced learning curve and a rapid entry […]

Filed Under: Producers, Spotlight Tagged With: cannabis, Cultivation Start-up, Do-it-Yourself, marijuana tax, Turnkey projects

Three Ways Employment Screening is Impacted by Cannabis Laws

March 1, 2021 by Angela Preston Leave a Comment

By Angela Preston With discrepancies at the federal and state level, a great debate is underway around the topic of marijuana testing for employment. Let’s take a step back and look at the laws and regulations surrounding marijuana use and screening. Laws and policies are rapidly evolving in this area, but why? There are two […]

Filed Under: HR and Staffing Tagged With: anxiety and sleep, Employment Screening, marijuana, pre-hire testing

Cuomo Issues Amendments to His Legalization Proposal—Next Steps for Legalized Cannabis in New York

February 25, 2021 by Lori Green Leave a Comment

By Lori B. Green and Catherine A. Savio, Nixon Peabody LLP As the Empire State moves toward legalization, Governor Cuomo has released amendments to his plan to legalize adult-use cannabis in the State of New York. The amendments permit home delivery of cannabis, reduce criminal penalties for unlawful sales, and clarify the distribution of funds […]

Filed Under: New York, Social Equity Tagged With: Adult-use legalization, Cannabis Regulation and Taxation Act, Governor Cuomo, Marijuana Regulation and Taxation Act, New York

Beckham-Backed Synthetic CBD Company To List On London Stock Exchange On February 26

February 24, 2021 by Peter McCusker Leave a Comment

A £25m CBD company backed by footballer David Beckham’s investment firm is to list on the London Stock Exchange later this week. Cellular Goods says it has attracted strong demand from institutional and private investors for its initial public offering to join the main market – scheduled for February 26. The London-based company says it […]

Filed Under: Banking, Finance & Real Estate, Europe, United Kingdom Tagged With: Alexis Abraham, Cellular Goods, David Beckham, London Stock Exchange

Acreage Announces Management Change

February 23, 2021 by Press Release Leave a Comment

PRESS RELEASE NEW YORK, Feb. 23, 2021 (GLOBE NEWSWIRE) — Acreage Holdings, Inc. (“Acreage” or “Company”) (CSE: ACRG.A.U, ACRG.B.U), (OTC: ACRHF, ACRDF) announced today that Glen Leibowitz, Acreage’s Chief Financial Officer, is leaving the Company, effective April 2, 2021. Glen, who was a key player in establishing Acreage as a leading participant in the developing […]

Filed Under: Industry People, Press Releases Tagged With: Acreage Holdings Inc., Glen Leibowitz, Steve Goertz

10 top tax issues in cannabis operating agreements

February 22, 2021 by AggregatedNews Leave a Comment

by  Michael Harlow Members of CohnReznick’s Cannabis team recently participated in a webinar with New Frontier Data and NFP titled “Industry Outlook: The Cannabis Commercial Landscape in 2021 and Beyond.” We were excited to see many insightful questions from the attendees, many of which concerned entity structure and issues we have encountered with operating agreements. In […]

Filed Under: Banking, Finance & Real Estate Tagged With: operating agreements, Tax issues

Improvements in Sustainability in the Cannabis Industry

February 21, 2021 by Jourdan Binder Leave a Comment

By Jourdan Binder From the outside looking in, it is easy to assume the cannabis industry operates in a sustainable and environmentally-friendly fashion. Because cannabis culture has long since been represented as eco-conscious “hippy types,” many think the industry has established protocols for environmental protection. However, a more in-depth look at the modern cannabis industry exposes a field lacking […]

Filed Under: News & Insights, Op-Ed Tagged With: carbon footprint, cultivation, packaging, sustainability

Chris Webber launches $100 million cannabis fund with JW Asset Management

February 17, 2021 by AggregatedNews Leave a Comment

Former NBA star Chris Webber on Tuesday launched a $100 million private equity cannabis fund with New York-based JW Asset Management, aimed at investing in companies run by people from underrepresented communities. Legal cannabis producers in the United States have faced scrutiny for being predominantly run by white men, an issue that is present across […]

Filed Under: Industry People Tagged With: Cannabis Industry, chris webber marijuana, JW Asset Management, Legal Marijuana, marijuana fund

How to Determine the Best Way to Grow: Part Two

February 15, 2021 by Ryan Douglas Leave a Comment

There are three ways to cultivate cannabis commercially: hydroponically, organically, or a hybrid of the two. Hydroponics Hydroponics is the practice of growing plants without soil. Instead, growers provide plants with an oxygenated, nutrient-rich solution delivered directly to their roots. The energy the plant would dedicate to root growth in search of food and water […]

Filed Under: Cultivators, Producers, Spotlight Tagged With: Good Agricultural and Collection Practices (GACP), Good Manufacturing Practices (GMP), Hybrid Cultivation, hydroponics, organics

Could legal marijuana lead to fewer opioid deaths? New study offers tantalizing evidence

February 13, 2021 by AggregatedNews Leave a Comment

marijuana

Counties with greater numbers of cannabis dispensaries saw fewer opioid-related deaths, according to a study recently published by the University of California Davis. Study co-author Greta Hsu, a UC Davis professor of management, was careful to point out that correlation was not causality, and that further study of the subject is needed. “We’re trying to […]

Filed Under: Cannabis & Hemp Research Tagged With: California Marijuana, Fentanyl, Legal Marijuana, marijuana legalization, marijuana study, opioid deaths, University of California Davis

Pot Stocks Are Flying High Again. It’s Not Just Reddit.

February 11, 2021 by AggregatedNews Leave a Comment

Some of the retail traders on Reddit’s WallStreetBets forum who helped spark GameStop stock’s brief parabolic pop have set their sights on public cannabis companies. Canadian grower Tilray (ticker: TLRY) jumped about 51% on Wednesday. Aphria (APHA), which has a deal to merge with Tilray, was up only 10%, despite trading in step with the latter earlier in the year. Sundial Growers (SNDL) jumped 79%. […]

Filed Under: Cannabis Investments Tagged With: Aurora Cannabis, Cannabis investments, cresco labs, Curaleaf Holdings, GameStop, Green Thumb Industries, Legal Marijuana, marijuana stocks, Reddit, Tilray, WallStreetBets

Recommended Order Clarifies Not All Marijuana Businesses Should Be Denied Trademark Protection

February 10, 2021 by AggregatedNews Leave a Comment

by Jihee Ahn, Attorney at Harris Bricken Last summer, we reported on the trademark infringement lawsuit filed by Veritas Fine Cannabis (“VFC”) against Veritas Farms here and here. In late August, I had reported Veritas Farms filed a motion to dismiss on the basis VFC does not actually possess the common law federal trademarks it […]

Filed Under: Intellectual Property, Policy & Legal Tagged With: the illegality doctrine, trademark infringement, Veritas Farms, Veritas Fine Cannabis (“VFC”)

Top 5 Steps to Take Before Obtaining a Cannabis License in a Newly Legal State

February 10, 2021 by Henry Baskerville Leave a Comment

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 the Federal Controlled Substances Act (CSA), each new state entering the fray will have its […]

Filed Under: Best Practices, News & Insights Tagged With: Arizona, business plan, financing, incorporate, Mississippi, Mississippi Health Department, New Jersey, South Dakota, tax authorities

How Zenabis Transformed From Ingenious Concept To Crash in 11 Months

February 9, 2021 by Doug Poretz Leave a Comment

It’s not much of a challenge to find cannabis companies that have crashed and burned since the business became legal and companies began to go public about five years ago. But one would be hard pressed to find a more dramatic shooting star than Zenabis Global Inc. In less than a year, starting in January […]

Filed Under: News & Insights Tagged With: Agentis Capital, Andrew Grieve, Bevo Agro Inc., CubicFarms Systems Corp, Sun Pharm, Zenabis

Marijuana Retail Leasing Faces Blunt Challenges as Legalization Spreads

February 9, 2021 by AggregatedNews Leave a Comment

The number of marijuana stores in the U.S. is poised to grow in 2021 and 2022 as more states legalize the narcotic, the federal government toys with legalization at the national level, and already large sales chains seek to get larger. The expected growth is a small miracle given that tenants, landlords and commercial real […]

Filed Under: Banking, Finance & Real Estate Tagged With: Legal Marijuana, marijuana real estate, marijuana retail, marijuana stores, medical marijuana, recreational marijuana

Working with a Creative Agency: Is the Juice Worth the Squeeze?

February 8, 2021 by Claudia Post Leave a Comment

For businesses that have never worked with a creative marketing agency, realizing such services’ value can be challenging. The often hefty price tags that come with abstract terms like “discovery” and “creative” can seem quite daunting. Yet, in the vast expanses of the cannabis startup culture, there is perhaps no better way to make your […]

Filed Under: Advertising, Marketing, PR & Research Tagged With: branding, competition, project management

Why Closing the Gender Gap in the Cannabis Industry is Critical to Success

February 8, 2021 by Susan Gunelius Leave a Comment

gender equality

A lack of equal representation by employees of all genders negatively affects every level of cannabis businesses and the cannabis industry – from products to marketing, access to capital, revenue, and the creation of generational wealth – according to new gender parity research from The Arcview Group and NCIA. To put the limitations that the […]

Filed Under: Corporate Social Responsibility, HR and Staffing, News & Insights, Social Equity Tagged With: equality, gender diversity, gender equality, gender gap, Glass Ceiling

Top Cannabis Businesses, Associations, and Advocacy Organizations Join Forces to Launch U.S. Cannabis Council

February 8, 2021 by Press Release Leave a Comment

PRESS RELEASE A Coalition of Leading Companies and Advocates, USCC Aims to Advance Social Equity and Racial Justice, and End Federal Cannabis Prohibition WASHINGTON–(BUSINESS WIRE)– Top cannabis businesses, associations, and advocacy organizations in the United States today launched the U.S. Cannabis Council (USCC), a 501(c)4 nonprofit organization that strategically aligns and unifies its members’ collective […]

Filed Under: Press Releases Tagged With: U.S. Cannabis Council (USCC)

Marijuana M&A boom awaits, in California and beyond

February 8, 2021 by AggregatedNews Leave a Comment

Jazz Pharmaceuticals’ $7.2-billion purchase of GW Pharmaceuticals last week is the biggest tie-up yet for the cannabis industry. And it’s probably just the beginning. The blockbuster deal, which dwarfs Tilray Inc. and Aphria Inc.’s $3.8-billion merger as well as Constellation Brands Inc.’s multibillion-dollar investment in Canopy Growth Corp., shows the growing interest in pharmaceutical-grade cannabinoids. With big money […]

Filed Under: Mergers & Acquisitions Tagged With: Canopy Growth Corp., Constellation Brands Inc., GW Pharmaceuticals, Jazz Pharmaceutical, Legal Marijuana, medical marijuana, recreational marijuana, Tilray Inc.

Former NBA star presses lawmakers for Black equity in marijuana industry

February 6, 2021 by AggregatedNews Leave a Comment

Senate Majority Leader Chuck Schumer and Sen. Cory Booker and Sen. Ron Wyden announced this week that they are working to advance comprehensive marijuana reform legislation. “The War on Drugs has been a war on people — particularly people of color,” the senators said in a joint statement on Monday. “Ending the federal marijuana prohibition […]

Filed Under: Social Equity Tagged With: A Harrington, Sen. Cory Booker, Senator Chuck Schumer

Cannabis ETFs Spike on Jazz-GW Pharma Deal

February 5, 2021 by AggregatedNews Leave a Comment

Cannabis stocks have been the biggest winners to start 2021 buoyed by hopes of wider legalization and near-term decriminalization as well as the growing adoption of marijuana in more states. The recent comments from several prominent politicians regarding cannabis reform legislation added to the strength (read: 5 Best ETF Investing Ideas for 2021). In fact, […]

Filed Under: Cannabis Investments Tagged With: cannabis stocks, GW Pharmaceuticals, Jazz Pharmaceuticals, Legal Marijuana, marijuana investments, medical marijuana

Pot-Investment Stock 9,500% Gain in Peril as Trades Canceled

February 5, 2021 by AggregatedNews Leave a Comment

Micro-cap Nabis Holdings Inc. surged from a penny to nearly a dollar over the course of a week before the stock was halted. Now a Canadian regulator says it will nix all those trades. The Investment Industry Regulatory Organization of Canada said all trades between Jan. 27 and Feb. 2 would be canceled. Short-selling was […]

Filed Under: News & Insights Tagged With: Nabis Holdings, The Canadian Securities Exchange

BGP Acquisition Corp. Announces Completion of U.S. $115,000,000 Initial Public Offering Including the Full Exercise of the Over-Allotment Option

February 5, 2021 by Press Release Leave a Comment

PRESS RELEASE VANCOUVER, BC, Feb. 4, 2021 /CNW/ – BGP Acquisition Corp. (“BGP“) is pleased to announce the closing of the initial public offering (the “Offering“) of 11,500,000 class A restricted voting units (“Class A Restricted Voting Units“) (including 1,500,000 Class A Restricted Voting Units issued pursuant to the exercise in full of the over-allotment option) at […]

Filed Under: Banking, Finance & Real Estate, Press Releases Tagged With: BGP Acquisition Corp. ("BGP"), Special Purpose Acquisition Corp.

Why Developing and Executing a Go-to-Market Cannabis Strategy Matters Now More Than Ever

February 4, 2021 by AggregatedNews Leave a Comment

It’s important to think about the cannabis industry not only from a competitive perspective, but also from an opportunity angle. One area of certainty — in a year primarily marked by its notable uncertainty — was the strides made in the legalization of cannabis. The 2020 election was another exciting turning point: Four new states […]

Filed Under: News & Insights Tagged With: Ancillary Business, Cannabis Industry, Go to Market Strategy

World’s Largest Cannabis Deal Sees UK Firm GW Pharma Bought For $7.2bn

February 3, 2021 by Peter McCusker Leave a Comment

IRISH firm Jazz Pharmaceuticals has agreed to purchase UK medical cannabis trailblazer GW Pharmaceuticals for $7.2bn. The deal will be the biggest ever transaction in the rapidly-emerging global cannabis sector and marks a major milestone for the UK industry. The announcement was made on the NASDAQ exchange – where both firms are listed – early […]

Filed Under: Mergers & Acquisitions Tagged With: GW Pharmaceuticals Plc, Jazz Pharmaceuticals, Nasdaq

How cannabis has mainstream sleep aids counting sheep

February 2, 2021 by Mike Luce Leave a Comment

2021 threatens to deliver another year of turmoil, characterized by further lockdowns, social distancing, and an ongoing threat to health, daily routines, and financial security on a global scale – any one of which would be ample cause to lose sleep. Dubbed by some as ‘Coronasomnia’, observers have found evidence of sleep disorders occurring around […]

Filed Under: Advertising, Marketing, PR & Research Tagged With: CBD, High Yield Insights, Sleep aids, sleep disorders

There’s no stopping the industry now’: Democratic control is a big win for marijuana

February 1, 2021 by AggregatedNews Leave a Comment

stocks

The industry is poised for a big shakeup even though the prospects for passing major changes to federal policy remain slim. The day after Democrats swept both Senate seats in the Georgia runoff election— giving them a slim majority and installing pro-marijuana legalization leaders in the upper chamber — Curaleaf Chair Boris Jordan decided to […]

Filed Under: News & Insights Tagged With: Cannabis capital Raises 2021, Cannabis legislation 2021

5 B2B Marketing Tactics that Work in the Cannabis Industry

February 1, 2021 by Susan Gunelius Leave a Comment

social media

Marketing in the cannabis industry comes with a long list of challenges. With restrictions on social media advertising, pay-per-click advertising, and more, many affordable and effective go-to B2B marketing tactics aren’t available to businesses operating in the cannabis industry, or the limitations imposed on businesses operating in and with the cannabis industry make them poor […]

Filed Under: Advertising, Marketing, PR & Research Tagged With: B2B marketing, cannabis marketing

Date Set For First Medical Cannabis Company To List On The London Stock Exchange

February 1, 2021 by Peter McCusker Leave a Comment

THE London Stock Exchange will accept the first cannabis company in its 320-year history next month – marking a significant milestone in the growth and development of the industry in the UK and Europe. Spinnaker Opportunities has today (January 29)  announced the successful completion of a £6m fundraise which will allow its close on its […]

Filed Under: Banking, Finance & Real Estate Tagged With: Kanabo, London Stock Exchange, New Leaf Opportunities, Spinnaker Opportunities, UK Financial Conduct Authority (FCA)

How to Determine the Best Way to Grow: Part One

February 1, 2021 by Ryan Douglas Leave a Comment

Selecting an appropriate cultivation strategy is one of the most critical steps in launching or expanding a cannabis cultivation business. A cultivation strategy dictates how a company will produce its cannabis. This decision can determine a company’s likelihood of success and directly influence its capital and operational expenditures. Selecting an appropriate strategy will result in […]

Filed Under: Producers, Spotlight Tagged With: climate, cultivation, cultivation strategy, Finished product, regulations

Fluence Hires Jordon Musser as Chief Product Officer

January 29, 2021 by Press Release Leave a Comment

PRESS RELEASE AUSTIN, Texas–(BUSINESS WIRE)–Fluence by OSRAM (Fluence), a leading global provider of energy-efficient LED lighting solutions for commercial cannabis and agriculture production, announced the appointment of Jordon Musser to chief product officer. Musser joins Fluence from Dallas, Texas-based Flex Lighting Solutions, a division of Flex that provides LED high-bay fixtures to commercial and industrial […]

Filed Under: Industry People, Press Releases Tagged With: Fluence, Jordan Musser

Can the cannabis industry be an agent of social justice? Or is it just another big business?

January 29, 2021 by AggregatedNews Leave a Comment

Jason White has created dazzling advertising and marketing campaigns for Nike and Disney, the World Cup and Olympic Games, to name a few. But when the Georgetown alumnus told his parents he was exiting Apple-owned Beats by Dre for the cannabis industry, the announcement landed with a thud. “What they heard was, ‘You’re going to […]

Filed Under: News & Insights, Social Equity Tagged With: Cannabis Industry, Social Equity

Cannabis Lab Testing: Huge Improvements Still Need to Be Made

January 28, 2021 by Dipak Hemraj Leave a Comment

State regulations are increasingly calling for the testing of cannabis flower and products for their potency, cannabinoid, terpene profiles and contaminants. As important as it is that these tests take place, it is equally important to ask, “How reliable are these tests?” The answer is “Not very”. In 2010/2011, California NORML and Project CBD initiated […]

Filed Under: Lab Testing Tagged With: cannabis, contaminants, Lab shopping, lab testing, Potency, State regulations

The USA Cannabis Opportunity is Significant: New entrants who know what they are doing and operate smartly will be successful

January 26, 2021 by Terry Booth Leave a Comment

By Terry Booth Compared to Canada, the American cannabis industry is a very different ballgame — and it’s still only in the first inning. The highly rated research team at Cowen & Company, led by Vivien Azer, estimates that the legal cannabis market in the U.S. will grow from an anticipated $20 billion in 2020 […]

Filed Under: News & Insights, Opinions Tagged With: interstate commerce, MORE ACT, national brands, product differentiation, SAFE Banking Act, STATES Act

Cannabis in the New Year: Old Challenges Meet New Opportunities

January 25, 2021 by Jacques Santucci Leave a Comment

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 cannabis. Brands grew nationwide thanks to increased SPAC involvement and the growth and ambition of […]

Filed Under: Best Practices, Cannabis & Hemp Research, Opinions, Policy & Legal Tagged With: 2021, adult-use marijuana, Cannabis Outlook, Connecticut, Federal legalization, Legal Marijuana, Maine, marijuana sales, Massachusetts, massachusetts marijuana, Multi-state Operator (MSO), New Jersey, New Jersey Marijuana, new market, New York, Northeast Cannabis, recreational marijuana

Five Key Cybersecurity Trends For 2021

January 25, 2021 by Michelle Drolet Leave a Comment

The pandemic has dominated the news in 2020, overshadowing everything else. We’ve seen a rapid rise in remote working, a wave of pandemic-related scams, and pressure to modernize IT while cutting costs. As the dust settles on a tumultuous year, it’s time to plan ahead. IT departments were forced to accelerate their plans and roll […]

Filed Under: Science and Technology Tagged With: cloud-access security brokers, cybersecurity, Managed Detection And Response, multi-factor authentication (MFA), remote desktop protocol, virtual private networks (VPN), Zero Trust Security Model

Recreational marijuana sales kick off in Arizona

January 23, 2021 by AggregatedNews Leave a Comment

Arizona Chamber of Commerce

Recreational marijuana sales have started in Arizona, with many of the state’s medical-marijuana dispensaries getting the OK on Friday to open sales to anyone 21 or older. A Harvest Health and Recreation dispensary in Scottsdale got approval at about noon. The staff quickly broke out signs showing where recreational customers would check in, separating them from medical […]

Filed Under: News & Insights Tagged With: Adult-Use sales, Arizona, Arizona Department of Health Services, marijuana

The Effects Of Marijuana Legalization On American Real Estate

January 22, 2021 by AggregatedNews Leave a Comment

When America’s real estate history is written, there will be a chapter with the legalization of marijuana as a focal point. I’m a third-generation warehouse owner in Denver, in the state that recreational marijuana was first legalized in, so it’s impossible for me to not be compelled to analyze the spillover effects. In the beginning, […]

Filed Under: Banking, Finance & Real Estate Tagged With: Legal Marijuana, marijuana legalization, marijuana real estate, medical marijuana, recreational marijuana

What role can CBD play in alleviating America’s mental health epidemic?

January 21, 2021 by Mike Luce Leave a Comment

Within hours of the Inauguration Day ceremonies, the National Alliance on Mental Illness (NAMI) issued a press release calling for the Biden administration to help Americans struggling with mental health exacerbated or brought on by pandemic. In NAMI’s words, the pandemic has brought about a surge in “mental health, substance abuse, and suicide challenges”. Recently […]

Filed Under: Cannabis & Hemp Research Tagged With: cannabidiol (CBD), CBD, COVID-19, High Yield Insights, National Alliance on Mental Illness (NAMI)

Children’s Dutch Epilepsy Cannabis Medicines Will Be Made In The UK To Overcome Import Impasse

January 21, 2021 by Peter McCusker Leave a Comment

A PERMANENT solution to the import impasse on children’s epilepsy cannabis medication has emerged with the Dutch manufacturer set to see the medicines made in the UK. However, the Transvaal Pharmacy, which is based in the Hague, says this will not be in operation for at least a few months meaning a short-term solution still […]

Filed Under: Medical Marijuana, United Kingdom Tagged With: Bedrocan, Brexit, Epilepsy Medicine, medicinal cannabis, Transvaal Pharmacy

Why a hands-on approach is essential in the cannabis retail industry

January 20, 2021 by Tayana Parkanskaia Leave a Comment

By Tatyana Parkanskaia To (mis)quote Mark Twain, the “Death of Retail” has been greatly exaggerated. Consider the explosion of cannabis retail stores throughout southwestern Ontario. Even with some businesses suffering and in dire circumstances due to COVID, cannabis stores are thriving. In some neighbourhoods in downtown Toronto, there are multiple new stores on every block, […]

Filed Under: Canada, Retailers Tagged With: branding, Cannabis Retail, compliance, customer experience, Essential Services, point-of-sale, promotion, reward program, training

Cresco Labs Hires PepsiCo Veteran and Supply Chain Expert Ty Gent as Its New Chief Operating Officer

January 19, 2021 by Press Release Leave a Comment

PRESS RELEASE CHICAGO–(BUSINESS WIRE)– Cresco Labs (CSE:CL) (OTCQX:CRLBF) (“Cresco” or “the Company”), one of the largest vertically integrated multistate cannabis operators in the United States, announced the hiring of CPG industry veteran Ty Gent as the Company’s new Chief Operating Officer (“COO”). As COO, Gent will be responsible for operational consistency and efficiency across markets […]

Filed Under: Industry People, Press Releases Tagged With: Cresco Labs Inc., Ty Gent

How Some THC Is Legal — For Now

January 19, 2021 by AggregatedNews Leave a Comment

Delta-8-THC — a less-potent cousin of famed Delta-9-THC — is legal enough to sell in most states. But how does it work? And will the DEA shut it down? According to the National Institute of Health (NIH), there are currently at least 144 known cannabinoids that have been isolated from the cannabis plant. The most popular among […]

Filed Under: News & Insights, Science and Technology Tagged With: Delta-8 THC, Legality

Why GMP is the Future of Quality Control for the Global Industry

January 18, 2021 by Michael Sassano Leave a Comment

Good Manufacturing Practices, or GMP, are a systematic way of ensuring that products — from food to supplements to pharmaceuticals — are produced consistently according to established quality control standards. Essentially, GMP ensures a universal minimum standard of quality to protect consumers.  For the sake of this article, we’ll focus on GMP in two major […]

Filed Under: Standards and Certification Tagged With: GMP-compliant equipment, Good Agricultural and Collections Practices, Good Manufacturing Practices (GMP), Pharmaceutical GMP standards, The World Health Organization (WHO), United States Food and Drug Administration

The New Era of Carbon Negative Footprint Cannabis Cultivation

January 18, 2021 by Bill Shevlin Leave a Comment

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 effects for the environment. High energy consumption, water shortages and the endless wasteful packaging that’s […]

Filed Under: Best Practices, Producers Tagged With: California State Water Resources Control Board (SWRCB), Carbon Negative Footprint, Direct Air Capture technology, Dry farming, Indoor Grows, Sustainable Packaging, Water Consumption

USADA ‘essentially’ eliminating marijuana use as UFC violation

January 15, 2021 by AggregatedNews Leave a Comment

Montreal marijuana

The UFC has “essentially” struck marijuana as a punishable offense in its anti-doping policy, the promotion and anti-doping partner USADA said Thursday. Beginning retroactively Jan. 1, a positive drug test for carboxy-THC, the psychoactive ingredient in cannabis, will no longer be considered a violation — unless USADA is able to prove that an athlete intentionally […]

Filed Under: News & Insights Tagged With: marijuana testing, ufc marijuana, USADA

Bengal Capital Welcomes 4FRONT Ventures Josh Rosen

January 14, 2021 by Press Release Leave a Comment

PRESS RELEASE Accomplished Cannabis Investment Team Adds Operations and Institutional Investing Experience January 14, 2021, Chicago, IL and Phoenix, AZ – Bengal Capital announced today that Josh Rosen, co-founder, former CEO and current Chairman of 4Front Ventures (CSE: FFNT), has joined the firm as a Managing Partner. “Bengal has been immersed in the cannabis industry […]

Filed Under: Industry People, On the Move Tagged With: BENGAL CAPITAL, Josh Rosen

Perkins Coie Adds Director of Public Policy for National Cannabis Industry Association Andrew J. Kline as Senior Counsel

January 14, 2021 by Press Release Leave a Comment

PRESS RELEASE  DENVER (January 12, 2021) – Perkins Coie is pleased to announce that Andrew J. Kline has joined the firm in Denver as a senior counsel in the firm’s Commercial Litigation Practice and Cannabis Law Industry Group. Kline brings a rare combination of public policy, cannabis law, coalition building and prosecutorial expertise to the firm, following […]

Filed Under: Industry People, On the Move Tagged With: Andrew Kline, Perkins Coie

Jushi Holdings Inc. Expands Retail Footprint in California

January 14, 2021 by Press Release Leave a Comment

Press Release Signs definitive agreements to acquire an operating dispensary in Palm Springs and a retail license holder in Grover Beach Entered into a long-term lease agreement and plans to commence construction in Culver City BOCA RATON, Fla., Jan. 14, 2021 (GLOBE NEWSWIRE) — Jushi Holdings Inc. (“Jushi” or the “Company”) (CSE: JUSH) (OTCMKTS: JUSHF), […]

Filed Under: Banking, Finance & Real Estate, Mergers & Acquisitions, Press Releases Tagged With: Acquisition, Jushi Holdings Inc., Organic Solutions of the Desert LLC (“OSD”)

Cresco Labs to Expand Into Florida Through Acquisition of Bluma Wellness Inc.

January 14, 2021 by Press Release Leave a Comment

PRESS RELEASE The Company will now have meaningful operations in all 7 cannabis markets that fall within the top 10 most populated states in the U.S. CHICAGO – January 14, 2021 — Cresco Labs (CSE:CL) (OTCQX:CRLBF) (“Cresco Labs” or “the Company”), one of the largest vertically integrated, multistate cannabis operators in the United States, and […]

Filed Under: Banking, Finance & Real Estate, Mergers & Acquisitions, Press Releases Tagged With: Bluma Wellness, cresco labs

Markets: US Stocks Surge With Democrats’ Victory, Columbia Care, Sativa Wellness, Cann Group et al…

January 13, 2021 by Peter McCusker Leave a Comment

by Peter McCusker WITH the Democrats in control of the White House, Senate and Congress Wall Street now beckons for America’s cannabis industry. Stock prices moved ahead rapidly in the last week following the Georgia state run-off which tipped the Senate into Democrat hands. The closely-followed new New Cannabis Ventures Global Cannabis Stock Index rose […]

Filed Under: News & Insights Tagged With: Cann Group, Casa Verde Capital, Columbia Care, Federal legality, Jushi Holdings, Jushi Holdings Inc., Sativa Wellness Group, US Cannabis Stocks

Oregon Cannabis: What is My Partial Marijuana Dispensary Ownership Interest Worth?

January 13, 2021 by AggregatedNews Leave a Comment

by Jesse Mondry A couple of months ago, my colleague Vince Sliwoski wrote Oregon Cannabis Dispensary Sales: What We Are Seeing on Valuation, which focused on the secondary market for cannabis licenses and businesses. Vince explained that the retail market, i.e. the purchase and sale of dispensaries, is still mostly done on multiples of revenue. […]

Filed Under: Banking, Finance & Real Estate, Mergers & Acquisitions Tagged With: “dissenters’ rights”, buy-sell provisions, fair market value, fair value, LLC documents, member/assignee status, ownership stake value, valuation

CANNABIS CRYSTAL BALL: What Lies Ahead for the Cannabis Industry in 2021 and Beyond

January 13, 2021 by Reggie Snyder Leave a Comment

By Reggie Snyder In early 2020, prior to the coronavirus pandemic, cannabis reform efforts were making steady progress on Capitol Hill. By all objective metrics, 2020 was initially shaping up to be a banner year for the cannabis industry at the federal and state level. However, after the coronavirus spread rapidly across the country, cannabis-related […]

Filed Under: News & Insights Tagged With: Banking, Federal Cannabis Legislation Efforts, marijuana legalization, medical marijuana research, MORE ACT, SAFE Banking Act, Senator Chuck Schumer, STATES Act

The Last Drug Warrior: Sheldon Adelson Was The Final Billionaire To Fight Marijuana Legalization. And He Lost.

January 12, 2021 by AggregatedNews Leave a Comment

Sheldon Adelson, the billionaire casino mogul and Republican megadonor whose death at 87 was announced Tuesday, left an indelible mark on American politics. Adelson was one of the first ultrawealthy Americans to funnel oceans of cash through “super PACs” to influence policy and elections, and one of the most effective. A lifelong supporter of the […]

Filed Under: News & Insights Tagged With: drug war, marijuana legalization opponent, Sheldon Adelson

How Customer Data Can Drive Cannabis Operators’ Decision Making

January 12, 2021 by Bill Hewson Leave a Comment

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 to SKU level shopping data, and with the advent of loyalty/frequent shopper card programs, retailers […]

Filed Under: Advertising, Marketing, PR & Research, Best Practices, Retailers, Supply Chain Tagged With: CRM, data

Better Data for a Better Understanding of the Use and Safety Profile of Cannabidiol (CBD) Products

January 12, 2021 by AggregatedNews Leave a Comment

CBD medical marijuana

Over a short period of time, our society has seen a rapid increase in the interest and availability of cannabidiol (CBD) products and other products derived from cannabis. However, we still have a limited understanding of the safety profile of CBD and many other cannabis-derived compounds, including potential safety risks for people and animals. At […]

Filed Under: Cannabis & Hemp Research Tagged With: Cannabidiol, CBD Products, cbd research, FDA, U.S. Food and Drug Administration

Four Predictions for 2021

January 12, 2021 by Joe Caltabiano Leave a Comment

This past year has been game-changing for the industry. Cannabis was deemed essential, and regulators showed a willingness to quickly revise and roll out emergency rules allowing for online ordering and more flexible delivery options. These changes advanced the industry by several years in a short period of time and reassured investors who returned to […]

Filed Under: News & Insights, Opinions, Spotlight Tagged With: Cannabis M&A, Cannabis retailers, Joe Caltabiano, Mergers and Acquisitions (M&A), Special Purpose Acquisition Companies (SPACS)

Study Suggests Use of Medical Marijuana Might Lead To Multiple Withdrawal Symptoms

January 11, 2021 by AggregatedNews Leave a Comment

The medical marijuana movement has been blowing up all around the world. Both ancient and modern studies have cited it as a cure for all sorts of ailments ranging from chronic pain to even leprosy (in the ancient Indian science of ayurveda too, of all places). But recent research shines a light on the darker side of the use of […]

Filed Under: Cannabis & Hemp Research Tagged With: marijuana withdrawal, medical marijuana

Understanding CapEx and OpEx Requirements for a New Cultivation Business

January 10, 2021 by Ryan Douglas Leave a Comment

CapEx costs are the capital expenditures required to launch a cultivation business, while OpEx costs are the day-to-day operational expenses of running that business. These figures are substantial and vary widely between indoor, outdoor, and greenhouse operations. Understanding CapEx and OpEx costs are critical for determining the cash requirements needed to launch and operate a […]

Filed Under: Cultivators, Producers Tagged With: CAPEX, farm, Good Agricultural and Collection Practices (GACP), Good Manufacturing Practices (GMP), Greenhouse, grow operations, indoor grow facility, OPEX

Innovative Industrial Properties Acquires Massachusetts and Washington Properties and Enters Into Long-Term Leases with 4Front

January 9, 2021 by AggregatedNews Leave a Comment

PRESS RELEASE IIP Expands Portfolio to 66 Properties Comprising 5.4 Million Square Feet in 17 States SAN DIEGO–(BUSINESS WIRE)–Innovative Industrial Properties, Inc. (IIP), the first and only real estate company on the New York Stock Exchange (NYSE: IIPR) focused on the regulated U.S. cannabis industry, announced today that it closed on the acquisitions of a […]

Filed Under: Banking, Finance & Real Estate, Press Releases Tagged With: Innovative Industrial Properties

What Georgia’s Senate Results Mean for Marijuana Stocks

January 7, 2021 by AggregatedNews Leave a Comment

Pot in Congress Anti-Pot Congressmen Bill Feds to "Respect" State Marijuana Laws VA Medical Marijuana Oregon's Marijuana Lobbying Congress Marijuana Reform Amendments Marijuana Banking Reform Bill Senate Bill Banks Marijuana Businesses Banking System to Legal Marijuana Federal Ban on Marijuana

All eyes were on the Georgia special Senate run-off elections on Tuesday with the control of the U.S. Senate hanging in the balance. It looks like that control will shift from the GOP to the Democrats. Democratic Senate candidate Rev. Raphael Warnock has already been declared the victor in his race against incumbent Republican Sen. […]

Filed Under: Banking, Finance & Real Estate, Federal Tagged With: cannabis stocks, Federal Laws, Georgia Senate Election

Identifying Cannabis Markets During a Crisis

January 6, 2021 by Jon Monk Leave a Comment

By Jonathan Monk In times of crisis, we must never forget the power of human ingenuity. Some of the immense tragedies in history have been met with profound acts of innovation and creativity. As COVID-19 has rocked the modern business world and has forced companies to “pivot or perish.” While the cannabis industry has done […]

Filed Under: Coronavirus Tagged With: compliance protocols, convenience factor, Darwinian Effect, Delivery, digital marketing, innovation, retail disruption, standard operating procedures (SOPs)

Looking To The Future – Florida’s Emergency Edible Rules Provide An Opportunity For Profits – And Perils

January 6, 2021 by Edward Gaus Leave a Comment

by Edd Gaus and Matt Bernstein Nearly four years after Florida voters legalized medical marijuana, in August, the state’s Department of Health’s Office of Medical Marijuana Use published emergency rules allowing licensed medical marijuana treatment centers to produce, package, and label edible marijuana derivative products. Although initially temporary when enacted in August of 2020, the Department […]

Filed Under: Edibles & Infused Processors, Florida Tagged With: Department of Health’s Office of Medical Marijuana Use, edible marijuana derivative products, labeling and packaging

Hemp Banking for Credit Unions: Five Key Questions

January 6, 2021 by AggregatedNews Leave a Comment

By Vince Sliwoski, Attorney at Harris Bricken One of the coolest things we’ve done here at Harris Bricken was work with the National Credit Union Association on its June 2020 guidance for servicing hemp-related businesses. Back when we first started working with small, Northwest credit unions in 2014 and 2015 (on the THC banking side) […]

Filed Under: Banking, Finance & Real Estate, Hemp Industry News Tagged With: 2018 Farm Bill, Drug Enforcement Administration (DEA), Food and Drugs Administration (FDA), National Credit Union Association

Forget Aurora Cannabis, Curaleaf Is a Better Marijuana Stock

January 5, 2021 by AggregatedNews Leave a Comment

I wonder why there is so much hype around the Canadian pot company Aurora Cannabis (NYSE: ACB) when it has time and again failed to meet investors’ expectations. Aurora Cannabis might be a popular pot stock among investors, but if you look around, U.S. cannabis stocks hold much greater potential. One such company is Massachusetts-based Curaleaf Holdings (OTC: CURLF). While […]

Filed Under: Cannabis Investments Tagged With: Aurora Cannabis, Curaleaf Holdings, Legal Marijuana, marijuana investments, marijuana stocks

The Art of Competitive Cannabis Pricing

January 4, 2021 by Tate Behning Leave a Comment

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 changing. Today, cannabis is a $52 billion industry, and Americans cultivate 29.9 million pounds of […]

Filed Under: Advertising, Marketing, PR & Research, Best Practices Tagged With: authenticity, Brand Strategy, Cannabis Industry, consistency, location, Pricing strategy, quality, transparency

What is CRM and why is it important in Cannabis marketing?

January 4, 2021 by Bill Hewson Leave a Comment

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 back turned towards you. “The usual?” she asks? “Also, we’ve got those ice tea flavors […]

Filed Under: Advertising, Marketing, PR & Research, Best Practices, Retailers, Science and Technology Tagged With: Customer Relationship Management List, data records, Dispensaries, marketing messages, Telephone Consumer Protection Act (TCPA)

Huge Rise In UK Medical Cannabis Imports As Private Sector Steps-Up To Meet Patient Demand

January 4, 2021 by Peter McCusker Leave a Comment

NEW Government figures show a 900% increase in the number of cannabis medicines notified for import demonstrating the private sector’s growing role in fulfilling UK demand. Between March 1, and October 1, this year, the number of packs of unlicensed CBPMs (cannabis-based products for medicinal use) notified for import was 37,543, up from 3,741 in […]

Filed Under: Medical Marijuana Tagged With: Medical Cannabis Imports, medical marijuana patients, United Kingdom

Shawn Kemp is lighting up Seattle again

January 1, 2021 by AggregatedNews Leave a Comment

As the legal weed boom shuts out Black Americans, the former SuperSonics star is vowing to diversify the industry. So why are cannabis activists mad at their hometown hero? SEATTLE — He’s not more than three or four pulls into his joint when, standing in a waterfront sculpture park in the middle of the afternoon, […]

Filed Under: News & Insights Tagged With: Main Street Marijuana, Ramsey Hamid, Sean Kemp, Shawn Kemp's Cannabis, Washington’s Liquor and Cannabis Board

First year of legal marijuana in Illinois generated big bucks but no new minority license holders

January 1, 2021 by AggregatedNews Leave a Comment

Workplace Policies Medical Marijuana In Illinois

Cannifem represents much of what state lawmakers hoped for when they legalized marijuana in Illinois. The startup business was formed by three Black women from areas hardest hit by the war on drugs. Yet the group failed to get any of the three cannabis licenses for which it applied. And the women spent tens of […]

Filed Under: Illinois, Social Equity Tagged With: cannifem, Illinois, Social Equity Licenses

Flower One Provides Update On Convertible Debenture Interest Payment

January 1, 2021 by Press Release Leave a Comment

PRESS RELEASE Flower One Holdings Inc. (“Flower One” or the “Company”) (CSE: FONE) (OTCQX: FLOOF) (FSE: F11), a leading cannabis cultivator, producer and innovator in Nevada, announced today that it does not intend to make the applicable interest payments due on December 31, 2020 related to its Unsecured Convertible Debentures issued in March 2019 and […]

Filed Under: Banking, Finance & Real Estate, Press Releases, Uncategorized Tagged With: Flower One

Caliva Ends 2020 in Record-Breaking Fashion with Industry-Changing Announcements

January 1, 2021 by Press Release Leave a Comment

PRESS RELEASE Caliva set the pace for cannabis innovation in 2020 by launching Shawn “JAY-Z” Carter’s MONOGRAM line, expanding its delivery and retail footprint in key California markets, and entering into definitive transaction agreements with Subversive Capital Acquisition Corp. (NEO: SVC.A.U, SVC.WT.U; OTCQX: SBVCF) (“SCAC”), a special purpose acquisition company (“SPAC”), to form TPCO Holding […]

Filed Under: Banking, Finance & Real Estate, California Tagged With: Caliva, Monogram, Shawn “JAY-Z” Carter, Subversive Capital Acquisition Corp.

5 Research-Backed Reasons Cannabis Brands Must Prioritize Customer Experience

December 28, 2020 by Susan Gunelius Leave a Comment

customer experience

By Susan Gunelius Across industries, including the cannabis industry, the term customer experience (CX) gained significant traction during 2020, and now, a variety of research studies have put the growing interest in CX into perspective. No longer is customer experience an ideal that businesses will work toward in the future. In 2021, customer experience will be […]

Filed Under: Advertising, Marketing, PR & Research Tagged With: customer experience, customer loyalty, CX

9 Things to Consider When Raising Capital for Startups in Europe

December 28, 2020 by Michael Sassano Leave a Comment

Since my first job on Wall Street at Lehman Brothers, I was taught to raise money. And now, with a landmark vote by the EU to reclassify cannabis as medicine, the race to raise cannabis money is on.  Europe has watched cannabis reform unfold in the US and Canada for some time; European countries have […]

Filed Under: Banking, Finance & Real Estate, Uncategorized Tagged With: accounting, branding, debt, equity, Europe, Raising Capital, Start-ups

10 Tips on How to Launch a Compliant Cannabis Retail Chain

December 28, 2020 by Lucas McCann Leave a Comment

By Lucas McCann Compliance is king. This very notion is paramount to the success of any retail chain looking to make headway in its respective markets. This certainly does not exclude the cannabis industry. To empower prospective cannabis retailers with knowledge and resources needed to launch a successful and compliant cannabis retail chain, here are […]

Filed Under: News & Insights Tagged With: Cannabis retailers, local or federal regulators, marketing, nsurance, point of sale (POS) system, sales data, security integration solution, standard operating procedures (SOPs), state

Cannabis Has Become a Go-To Grownup Stocking Stuffer

December 24, 2020 by AggregatedNews Leave a Comment

When a certain famous young entertainer was recently clocked at the Originals Factory & Weed Shop buying over $3,000 worth of cannabis goodies, those working behind the counter realized they weren’t just spotting a celebrity but a trend. Sensing all eyes upon her as she proceeded to lay out a bundle of hundred dollar bills to cover […]

Filed Under: Retailers Tagged With: California Marijuana, christmas, Legal Marijuana, los angeles marijuana, marijuana gift, marijuana holidays, recreational marijuana

Cannabis Patents: Which Type is Right for You?

December 24, 2020 by AggregatedNews Leave a Comment

By Jihee Ahn, Attorney at Harris Bricken It’s been a little while since we’ve talked about patent protection on the blog, but a recent consultation reminded me a primer on the different types of patents potentially available could be beneficial. Here in the United States, there are three broad categories of patents, all of which […]

Filed Under: Intellectual Property, Policy & Legal Tagged With: cannabis intellectual property, patents

The Persevering Pair Who Helped Open The London Stock Exchange To Cannabis

December 23, 2020 by Peter McCusker Leave a Comment

PERSISTENCE has paid-off for an Israeli businessman and a UK lawyer after the London Stock Exchange issued its first ever listing guidelines for cannabis firms. Roby Zomer, Co-Founder and Managing Director of MGC Pharmaceuticals, says the pending change sets-up the UK for a huge influx of cannabis capital. Nick Davis, CEO of Memery Crystal, says it is […]

Filed Under: Banking, Finance & Real Estate, United Kingdom Tagged With: Memery Crystal, MGC Pharmaceuticals, Proceeds of Crime Act (PoCA), UK Financial Conduct Authority (FCA), UK Listing Authority

Columbia Care Signs Definitive Agreement to Acquire Green Leaf Medical

December 23, 2020 by Press Release Leave a Comment

PRESS RELEASE Positions Company as One of the Leading Cultivators, Processors, Wholesaling Suppliers and Retailers in Pennsylvania, Maryland, Virginia, and Ohio Company management will conduct a conference call this morning at 8 AM EST to discuss the transaction and answer questions from stakeholders. Substantially Expands Footprint and Operating Scale in East Coast and Mid-Atlantic Adds […]

Filed Under: Banking, Finance & Real Estate, Mergers & Acquisitions Tagged With: Colombia Care, Green Leaf Medical, Nic Vita

New European Ecosystem Highlights Emerging Opportunities For Cannabis Entrepreneurs

December 21, 2020 by Peter McCusker Leave a Comment

Inspite of its delayed arrival Europe has a first-class opportunity to become a world-leader in the emerging global cannabis industry. This is one of the key take-aways from the latest First Wednesdays’ Ecosystem cannabis legend – this time of the emerging European medical cannabis industry. Back in June, FW corralled its database and publicly-available information to […]

Filed Under: News & Insights, United Kingdom Tagged With: European Medical Cannabis Ecosystem, First Wednesdays, Hanway Associates

Looking to cash in on the green wave and jump into a new market? Here’s some PR tips from an industry pro

December 21, 2020 by Jordan Isenstadt Leave a Comment

By Jordan Isenstadt With the recent ballot measure victories on Election Day, a total of 36 states (along with Washington, D.C. and three territories) have some form of legal cannabis on the books. With dollar signs in mind, many are turning their attention to legal cannabis markets, especially states that have recently expanded their cannabis […]

Filed Under: Advertising, Marketing, PR & Research Tagged With: brand, MSO, public relations, social justice

The basics of creating a high quality infused gummy brand

December 21, 2020 by Lauren Tamburro Leave a Comment

By Lauren Tamburro & Evan Smith There is something incredibly exciting about the blossoming cannabis industry. People from all walks of life, in all kinds of careers, can develop an innovative product idea and then actually make it happen. Some of today’s most successful brands were started in a home kitchen, on evenings and weekends and […]

Filed Under: Processors Tagged With: Molds, recipe, structural integrity

If You Have Only Protected Your Cannabis Business Using the Minimum Security Required by Law, YOU ARE NOT SECURE

December 21, 2020 by Tim Sutton CPP, PSP, CHPA Leave a Comment

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. Many businesses have been damaged and looted with no rhyme nor reason as to the […]

Filed Under: Best Practices, Medical Marijuana, Security Solutions, Uncategorized Tagged With: cannabis compliance, hazard vulnerabilities, Oregon Heath Authority, Oregon Liquor Control Commission, Permitting, Security Plan

Schultze Special Purpose Acquisition Corp. and Clever Leaves International Inc. Complete Business Combination

December 18, 2020 by Press Release Leave a Comment

PRESS RELEASE Common Shares and Warrants of the Combined Company to Begin Trading on Nasdaq Under Symbols CLVR and CLVRW on Friday, December 18, 2020 RYE BROOK, N.Y., Dec. 18, 2020 (GLOBE NEWSWIRE) — Schultze Special Purpose Acquisition Corp. (NASDAQ: SAMA, SAMAW, and SAMAU) (“SAMA”) and Clever Leaves International Inc. (“Clever Leaves”) announced that following […]

Filed Under: Banking, Finance & Real Estate, Mergers & Acquisitions Tagged With: Clever Leaves, Schultze Special Purpose Acquisition Corp. (“SAMA”)

Acreage Holdings Names Peter Caldini, Former President Pfizer North America Consumer Healthcare, as CEO

December 18, 2020 by Press Release Leave a Comment

PRESS RELEASE NEW YORK, Dec. 18, 2020 (GLOBE NEWSWIRE) — Acreage Holdings, Inc. (“Acreage”or “Company”) (CSE: ACRG.A.U, ACRG.B.U), (OTC: ACRHF, ACRDF) is pleased to announce that Peter Caldini has been appointed as the Company’s Chief Executive Officer. He officially joins Acreage on Monday, December 21st. Peter brings an ideal mix of capabilities and experience to […]

Filed Under: Industry People, Press Releases Tagged With: Acreage Holdings, Peter Caldini

CBD Marketing: There’s Hope Beyond Black Friday

December 17, 2020 by Scott Waldman Leave a Comment

by Scott Waldman Black Friday is widely considered the holy grail for holiday sales. Marketers will spend months preparing the perfect campaign to win conversions between Thanksgiving and Cyber Monday – but then what happens? Is it still possible for CBD brands to boost sales and capture new markets through December, or even into January? […]

Filed Under: Advertising, Marketing, PR & Research Tagged With: Black Friday, CBD, compliance, programmatic advertising, SEO marketing, Social media

Over 500 Deals Pitched To $200m UK Cannabis Fund

December 16, 2020 by Peter McCusker Leave a Comment

NEWLY-LAUNCHED legal medicinal cannabis fund Verdite Capital plans to make its first investments in the spring of 2021 – with team members having already considered over 500 deals in the sector. It is close to securing $75m from a UK-based multi-family office and is looking to top that up to $100m for the first close – with […]

Filed Under: Banking, Finance & Real Estate Tagged With: Bruce Linton, cannabis capital markets, Chrystal Capital Partners, Kingsley Wilson, Verdite Capital

Aphria and Tilray Combine to Create Largest Global Cannabis Company With Pro Forma Revenue of C$874 Million (US$685 Million)

December 16, 2020 by Press Release Leave a Comment

PRESS RELEASE Complementary, Scalable Medical and Adult-Use Cannabis Businesses Strengthen Leadership Position in Canada; Expands U.S. and International Reach through World-Class Cultivation, Manufacturing, Diversified Product Portfolio and Distribution Footprint Robust Supply Chain and Operational Efficiencies Expected to Generate Approximately C$100 Million of Pre-Tax Annual Cost Synergies Aphria and Tilray to Host a Conference Call and […]

Filed Under: Banking, Finance & Real Estate, Mergers & Acquisitions, Press Releases Tagged With: Aphria Inc., Tilray Inc.

Verano Holdings Enters into an Agreement for a Go-Public Transaction in Conjunction with AltMed Merger

December 16, 2020 by Press Release Leave a Comment

PRESS RELEASE CHICAGO – December 15, 2020 – Verano Holdings, LLC (“Verano” or the “Company”), a leading multi-state cannabis operator, today announced it has entered into a definitive agreement to consummate a go-public transaction in Canada (the “Transaction”).  The Transaction will be effected by Verano participating in a reverse takeover (the “RTO”) of Majesta Minerals […]

Filed Under: Banking, Finance & Real Estate, Press Releases Tagged With: Alternative Medical Enterprises, Verano Holdings

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