Dank Until Gone Dark: The State of Corporate Insolvency for Cannabis Businesses

Two thirds of all states and the District of Columbia have, to varying degrees, legalized cannabis. With the recent addition of Illinois, eleven states now allow adult recreational use. But cannabis entrepreneurs’ rush of excitement and dreams of cashing in is met with fierce competition and economic risks that makes the dreams, which look so […]

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ANAB Accredits Pure Labs

According to a press release, the ANSI National Accreditation Board (ANAB) accredited Pure Labs, LLC to ISO/IEC 17025. The Phoenix, Arizona-based laboratory achieved the accreditation after demonstrating the ability to meet general requirements for the competence of testing labs. The press release says that Pure Labs is one of the first cannabis testing labs in […]

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With Edibles Now In Stores, Disconnect Between Government and Cannabis Users is Glaring

CANNABIS CULTURE – Legalization is still fresh, and regardless, expecting government to have a solid plan out of the gate is foolish. Still, that doesn’t make things any less disappointing for cannabis users. When Canada made cannabis legal for recreational use in 2018, many users saw this as an opportunity for the existing marijuana community […]

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European Cannabis is the Emerging Market to Attract North American Investment

Europe continues to be the new frontier of medical and wellness developments in the cannabis industry, with various sources predicting that Europe will become the world’s largest legal cannabis market over the next 5 years. Key related statistics, include: A population of over 740 million (over double US and Canada combined) Total cannabis market estimated […]

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German Medical Cannabis Imports Doubled in 2019. So What?

Germany, for all of the other developments going on right now (globally) is still chugging forward, in integrating medical cannabis. It is slow going – but certainly going. In terms of overall numbers, there is certainly an interesting story to tell. The import of medical cannabis grade flowers also more than doubled last year over […]

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Nepal’s Parliament Debates Legalizing Cannabis

Nepal’s parliament is debating cannabis reform. Even more interestingly, they are also considering cultivation as a way of curbing the harm done to the local population by the importation of distilled spirits. Namely, proceed with cultivation of cannabis and ban imported alcohol. This is also the first time this specific discussion – alcohol vs. cannabis […]

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Judge A Book By Its Cover: Why Understanding Information Economics is Critical to Gain Consumer Trust and Build a Sustainable Brand

Information economics has existed for decades and drives much of how products, including cannabis, are marketed and purchased. One of the essential frameworks that guides information economics are the search, experience, and credence properties of a product (Patterson, 2017). Understanding these different product attributes is key to setting up a sustaining cannabis product, corporation, and […]

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Metrc Takes Contract for Maine’s Tracking Software

Maine’s Office of Marijuana Policy (OMP), the government agency in charge of regulating their cannabis industry, announced today a six-year contract for traceability software with Metrc LLC. According to the press release, the software will be used for the newly formed adult use market, which is just a few months away from going live with […]

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New York’s Push for Legalized Cannabis: We’ve Heard This Story Before

Here’s some news that might sound familiar: recently, Governor Andrew Cuomo insisted that cannabis would soon be legal in New York. Perhaps this seems like déjà vu given that he made the same pronouncement back in 2018, insisting that cannabis would be legal in the Empire State by 2020. Might this simply be wishful thinking […]

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NCIA Announced New Board of Directors

According to a press release published today, the National Cannabis Industry Association (NCIA) announced the newest members of their board of directors for the 2020-2022 term. Some of the members are incumbents and have served on the board for several years now and some are newly appointed, marking their first time stepping into roles leading […]

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