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A Q&A with Everett Smith, Co-Founder & CEO of Presidential

By |2022-06-03T03:03:30+01:003 June 2022|

Infused flower and infused pre-rolls are two segments of the cannabis flower market sought after by consumers for their high THC content. Moon rocks are a type of infused flower product made by infusing flower with sticky concentrate and then rolling the sticky flower in kief. [...]

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LYPHE Group Poised For European Expansion As It ‘Steps Into Venture Capital’ With £5m Fundraise Led By Leafy Tunnel

By |2022-05-27T07:10:59+01:0027 May 2022|

LYPHE Group has announced the successful closure of its latest funding round, securing £5m in capital to fund expansion into ‘multiple markets’ across Europe.  The funding round has seen the company ‘step into venture capital’ for the first time, thanks to the involvement of early stage [...]

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One Month In: New Jersey Market Starts Growing

By |2022-05-26T08:24:31+01:0026 May 2022|

Just over a month ago, a handful of dispensaries in New Jersey began selling cannabis to adults over the age of 21. The state issued licenses for adult use sales to seven alternative treatment centers (ATCs), otherwise known as medical cannabis businesses already established in the [...]

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Rhode Island Legalizes Adult Use Cannabis

By |2022-05-26T08:24:28+01:0026 May 2022|

Update: Governor McKee has signed the Rhode Island Cannabis Act into law, making it the 19th state to legalize adult use cannabis. In Rhode Island this week, lawmakers voted to approve a bill that would legalize and regulate adult use cannabis. The state’s legislature passed the [...]

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Cannabis M&A: Take Care of the Due Diligence Essentials

By |2022-05-26T08:24:25+01:0026 May 2022|

As the regulated cannabis industry matures, M&A activity is expected to continue accelerating. Whether they are existing licensed businesses looking for acquisition opportunities or new investor groups seeking to enter or expand their positions in the industry, investors should recognize the special due diligence challenges associated [...]

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New York Adds More Conditional Cultivation Licenses

By |2022-05-25T12:47:12+01:0025 May 2022|

Regulators in New York are continuing their push forward in launching the adult use cannabis market. They have approved 58 conditional licenses for hemp growers to begin cultivating cannabis for the adult use market. In just the past few months, the state has already awarded 146 [...]

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Boston Beer Company Launches Cannabis Beverage Line

By |2022-05-25T12:47:06+01:0025 May 2022|

The Boston Beer Company, Inc., known for brands like Sam Adams, Truly, Twisted Tea and Dogfish Head, has announced their entry into the cannabis market. According to the press release, the craft beer company is launching TeaPot, a new brand of cannabis infused-iced teas. Your cousin [...]

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Canopy Growth Acquires Jetty Extracts

By |2022-05-20T04:19:26+01:0020 May 2022|

Canopy Growth Corporation, one of the largest cannabis companies in the world, announced the acquisition of Jetty Extracts this week for $69 million. Jetty Extracts was founded in 2013 and is now a leading cannabis brand in California and a top 5 brand in the vape [...]

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FDA Issues Warning Over Copycat Cannabis Consumables

By |2022-05-18T18:29:53+01:0018 May 2022|

Last week, the U.S. Food & Drug Administration (FDA) published a consumer warning regarding food products containing THC and the risk of children accidentally eating them. Between January of last year through April 24, 2022, the FDA says they have received more than 100 adverse event [...]

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Why the Cannabis Industry Must Combat Degree Inflation

By |2022-05-17T07:22:03+01:0017 May 2022|

The hiring process is evolving: major U.S. employers are reconsidering the significance of higher learning. An employer’s undue emphasis on university education while hiring is called “degree inflation.” As the hiring manager for NisonCo, a cannabis public relations, marketing and SEO agency, I have learned a [...]

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Grow Group Plans IPO In ‘Next 12 Months’ Following German Expansion

By |2022-05-12T05:56:54+01:0012 May 2022|

GROW Group told BusinessCann back in 2020 that it was raising £6m in capital to fund its expansion across Europe, setting its sights on the German medical cannabis opportunity.  Nearly two years later and the company has now received its first orders from pharmacies for its [...]

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AOAC Launches Cannabis Proficiency Testing Program

By |2022-05-12T05:56:34+01:0012 May 2022|

In a press release published this week, AOAC International announced it has partnered with Signature Science, LLC as the test material provider for the new AOAC Cannabis/Hemp Proficiency Testing program. What makes this proficiency testing (PT) program so unique is that AOAC will be the only [...]

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Steep Hill Expands to Vermont

By |2022-05-12T05:56:31+01:0012 May 2022|

Steep Hill, the company that started the first cannabis testing laboratory in the United States, today announced their expansion into Vermont. Their licensee, Steep Hill Vermont, is the first lab in the state to receive pre-approval from the state, according to a press release. The leadership [...]

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Aurora Launches New Product Line in UK

By |2022-05-11T03:13:59+01:0011 May 2022|

Aurora Cannabis announced today that they will be launching a new product line for patients in the United Kingdom. The Berlin-based company says they are debuting new cannabis extracts for the United Kingdom that meet EU GMP standards and are developed using, “a new extraction process [...]

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A Q&A with Ethan Zohn, Brand Ambassador for Momenta, a Trulieve Brand

By |2022-05-05T07:52:44+01:005 May 2022|

Cannabis has been used to treat symptoms of cancer and chemotherapy including severe and chronic pain, nausea and vomiting. Many athletes also turn to cannabis for pain relief, incorporating cannabis into their pre- and post-workout routines. Though many states have legalized cannabis for medicinal and recreational [...]

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Cannabis Banking: The Ins, the Outs & the Unknowns

By |2022-05-05T07:52:36+01:005 May 2022|

As the legal cannabis market expands, banks and nonbank financial institutions (NBFIs) across the United States continue to explore how to safely provide banking and other financial services to cannabis-related businesses (CRBs) and other CRB ecosystem players. At the same time, these organizations are taking into [...]

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FDA Issues First Warning Letters for Delta-8 THC

By |2022-05-05T07:52:32+01:005 May 2022|

In an unprecedented move, the U.S. Food & Drug Administration (FDA) has issued warning letters today to companies selling products containing delta-8 THC. In total, the FDA sent out five warning letters to companies for violating the Federal Food, Drug, and Cosmetic Act (FD&C Act). Image [...]

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Quality in the Retail Ecosystem: A Q&A with LucidaClub Founder Jack Roosevelt

By |2022-05-05T07:52:28+01:005 May 2022|

The cannabis retail market is very unique. What began as compassion clubs and wellness centers in the early days of legal cannabis, eventually morphed into dispensaries, quickly becoming the retail model that regulators around the country adopted and businesses implemented. For most states with legal cannabis [...]

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Ananda Developments Makes 3 New Heavyweight Hires As It Continues ‘Best, Not First’ Strategy

By |2022-05-03T15:26:48+01:003 May 2022|

ANANDA Developments has announced a number of heavyweight hires including a new COO, Head of Cultivation and Head of Plant Science, sending its stock price jumping nearly 30%.  Three months into its ‘first phase of operations’, which started nearly four years after it first listed on [...]

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Perfecting Your Packaging for Cannabis Beverages

By |2022-04-27T07:15:24+01:0027 April 2022|

Some consumers participating in the legal cannabis market want to avoid inhalable products. They are concerned about the effects of the smoke or they want their usage to be discreet — without the pungent aroma emanating from burning cannabis flower. For those consumers, edibles are the [...]

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New Pilot Could See Patients On The Isle Of Man Gain Access To Medical Cannabis For The First Time

By |2022-04-26T06:57:58+01:0026 April 2022|

THE Isle of Man’s 83,000 inhabitants could soon gain access to medical cannabis for the first time as the Department of Health & Social Care (DHSC) prepares to launch a new pilot scheme.  On March 31 2022 the DHSC announced that it was looking to partner [...]

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The Rise of a New Market… And a New Consumer

By |2022-04-26T06:57:43+01:0026 April 2022|

The adult beverage industry, like any other category of consumer branded products, is driven by trends. If you’re old enough to remember Bartles & Jaymes wine coolers, you probably also remember Zima and Smirnoff Ice, and more recently “healthy” options like Skinny Girl and Michelob Ultra. [...]

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New Jersey Launches Adult Use Sales

By |2022-04-22T06:34:42+01:0022 April 2022|

On Thursday, April 21, a handful of dispensaries in New Jersey begin selling cannabis to adults over the age of 21. The state has so far issued licenses for adult use sales to seven alternative treatment centers (ATCs), otherwise known as medical cannabis businesses already established [...]

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State of the US Cannabis Payment Processing Market: An Interview with Executives at KindTap and Aeropay

By |2022-04-21T07:57:55+01:0021 April 2022|

Federal regulations have made compliant credit processing in the cannabis industry difficult to achieve. As a result, most cannabis retailers operate a cash-only model, limiting their ability to upsell customers and placing a burden on customers who might rather use credit. While some dispensaries offer debit, [...]

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FDA Warning Letters: Stop Claiming CBD Prevents COVID

By |2022-04-20T07:14:34+01:0020 April 2022|

Once again, the U.S. Food and Drug Administration (FDA) has issued a number of warning letters to companies selling hemp-derived cannabidiol (CBD) products. This time around, the FDA sent these warning letters to companies that had statements on their website claiming CBD is an effective treatment [...]

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An Evaluation of Sample Preparation Techniques for Cannabis Potency Analysis

By |2022-04-20T07:14:21+01:0020 April 2022|

Sample preparation is an essential part of method development and is critical to successful analytical determinations. With cannabis and cannabis products, the analyst is faced with a very challenging matrix and targets that may range from trace level through percent level thus placing considerable demands on [...]

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How to Navigate Section 280E: Lessons Businesses Can Learn from Recent Court Outcomes

By |2022-04-20T07:14:13+01:0020 April 2022|

The cannabis business landscape is complex and is under constant review and control. Further, rules and regulations from both federal and state governments can pose additional challenges and barriers to business owners. For those unfamiliar, there is a section of Internal Revenue Code, Section 280E, that [...]

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The Need for More Stringent Testing in Cannabis

By |2022-04-19T10:25:27+01:0019 April 2022|

As the demand for legal cannabis continues to rise and more states come online, it is imperative to enact more rigorous and comprehensive testing solutions to protect the health of consumers. People use cannabis products for wellness and to find relief; they should not be susceptible [...]

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Sports Sponsorships in Cannabis: The Long Legal Road Ahead

By |2022-03-31T07:58:33+01:0031 March 2022|

If legal cannabis isn’t already a key facet of American culture, it is well on its way. The multibillion-dollar industry is already ubiquitous in politics, and consumers are increasingly seeing various types of marketing from cannabis brands, from billboards to magazine ads to organic content on [...]

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Beyond Compliance: Understanding and Combating Contamination

By |2022-03-30T06:46:39+01:0030 March 2022|

As an emerging field in cannabis, contaminant testing remains a gray area for many businesses. The vast differences in state-by-state regulations, along with the frequent changes of previously established rules make testing a difficult, time-consuming process. But at its core, the science and reasoning behind why [...]

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How Fraud is Proliferating in the Cannabis Testing Market

By |2022-03-29T07:17:24+01:0029 March 2022|

With more and more states fully legalizing cannabis for medical and adult use, regulation has become a hot topic for the industry – and it won’t be going away anytime soon. The markets for virtually all cannabis uses (with the exception of industrial hemp, under the [...]

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New York Launches Conditional Licensing Program

By |2022-03-29T07:17:20+01:0029 March 2022|

Progress and history are being made in New York for adult use cannabis. Recently, Governor Hochul signed an amendment to New York State Cannabis Law which permits the Office of Cannabis Management (OCM) to award conditional licenses to certain adult use cultivators and processors, allowing hemp [...]

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Cresco Labs To Acquire Columbia Care

By |2022-03-29T07:17:13+01:0029 March 2022|

According to a press release published last week, Cresco Labs has come to an agreement with Columbia Care Inc. to acquire the company. The $2 billion deal, expected to close in the fourth quarter of 2022, will create the largest multi-state operator (MSO) in the country [...]

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How to Make Sure Your Cannabis Delivery Service Is Compliant

By |2022-03-24T09:19:26+00:0024 March 2022|

On-demand cannabis delivery services are a rapidly growing part of the industry. Having a delivery option available for your dispensary’s patient population is a critical component of your service offering. This is especially true when considering medical cannabis patients who might have conditions that hinder their [...]

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Registration Open for 2022 Cannabis Quality Conference & Expo

By |2022-03-24T09:19:18+00:0024 March 2022|

EDGARTOWN, MA, March 23, 2022 – Registration for the Cannabis Quality Conference & Expo, taking place October 17-19 at the Hilton Parsippany in New Jersey, is now open. The agenda features breakout sessions, keynotes and panel discussions that will help attendees better understand the cannabis markets in [...]

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The Great Social Experiment: Social Equity in New York

By |2022-03-19T07:22:29+00:0019 March 2022|

New York is embarking on a great social undertaking. In awarding its adult-use cannabis licenses, under the plan laid out by Gov. Kathy Hochul on March 10, the state is attempting to right generations of wrongs caused by the war on cannabis. The wrongs are numerous [...]

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ASTM Launches Standard for International Intoxicating Cannabinoid Symbol

By |2022-03-18T08:26:07+00:0018 March 2022|

A new ASTM International standard seeks to create an internationally recognized symbol that indicates a product contains intoxicating cannabinoids. The cannabis technical committee at ASTM, D37, developed the standard for the International Intoxicating Cannabinoid Product Symbol (IICPS). The International Intoxicating Cannabinoid Product Symbol (IICPS) The standard [...]

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Cannabis Businesses Need D&O Coverage; What Does The Insurance Landscape Look Like?

By |2022-03-17T06:44:08+00:0017 March 2022|

Cannabis continues to be a hot sector across the United States; buoyed by its ‘Essential Business’ status during the pandemic, a surge of plant touching and ancillary service providers have set up shop in the past 12 months to capture a share of this burgeoning growth. [...]

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A Toast to Cannabis Beverages, a Growing Market Segment

By |2022-03-17T06:43:55+00:0017 March 2022|

Even if you don’t know much about cannabis pop culture, people are probably familiar with the phrase, “puff, puff, pass.”’But what if the future of cannabis is really more like “sip, sip, sip“? That’s what has everyone from the largest cannabis companies to the most mainstream [...]

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Meet Looming Federal Cannabis Regulatory Compliance Management with Automation & Confidence

By |2022-03-11T09:04:40+00:0011 March 2022|

Federal regulation of the cannabis and hemp sectors is coming sooner rather than later — and this is mostly good news for cannabis businesses and consumers. But cannabis producers already struggling to meet complex and ever-changing local regulations (where they exist) will be facing a new [...]

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Salmonella & Aspergillus: Controlling Risk in Your Supply Chain

By |2022-03-10T08:20:33+00:0010 March 2022|

Risk management is the process of identifying potential hazards, assessing the associated risk, then implementing controls to mitigate those risks. With Salmonella and Aspergillus being two of the leading causes of cannabis contamination that can occur throughout the supply chain, applying upstream risk management strategies can [...]

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USDA’s Hemp Testing Rules: Fast Track Your Lab’s Preparedness with Digitization

By |2022-03-10T08:20:19+00:0010 March 2022|

The United States Department of Agriculture (USDA) issued a Final Rule (FR) on hemp testing that went into effect on 22nd March 2021. Consequently, all hemp testing laboratories must familiarize themselves with what is stipulated in the FR and do all that is required to comply. The [...]

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There’s More to Sustainable Packaging than Meets the Eye

By |2022-03-04T15:02:07+00:004 March 2022|

People today are more eco-conscious than ever. The last several years have seen a growing awareness of the impact of human behavior on the environment, and COVID-19 brought real-life context to the catastrophic effects of a global crisis. Lifestyle changes during the pandemic empowered people to [...]

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Busting the THC Myth: When it Comes to the Best User Experience, Terpenes Reign Supreme

By |2022-03-04T15:01:54+00:004 March 2022|

The scent of pine from your Christmas tree. The fragrance of a ripe summer peach at the farmer’s market. The whiff of eucalyptus and lavender that greets you when you enter a spa. Aroma is a keystone in how we experience the world. In any given [...]

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Medicinal Genomics Salmonella and STEC E. coli Multiplex Assay Certified by AOAC

By |2022-03-03T12:27:28+00:003 March 2022|

Medicinal Genomics announced today that they have received AOAC International certification for their PathoSEEK® Salmonella and STEC E. coli multiplex assay. In combination with their SenSATIVAx® extraction kits, labs can simultaneously detect Salmonella spp. and STEC E. coli with a single qPCR reaction for flower, concentrates [...]

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Emerald Cup Launches New Classification System

By |2022-03-02T15:58:37+00:001 March 2022|

The 2022 Emerald Cup Awards will look a little different this year. The competition is adopting a new classification system for different strains of flower, going well beyond the conventional and outdated sativa and indica categories. Developed by Napro Research in 2013 and supplemented with more [...]

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Cannabis Quality Conference Dates, Location Announced

By |2022-03-02T15:58:38+00:001 March 2022|

EDGARTOWN, MA, Feb. 21, 2022 – Innovative Publishing Company, Inc., the publisher of Cannabis Industry Journal, has announced the return to in-person events with the Cannabis Quality Conference & Expo (CQC), taking place October 17-19, 2022 at the Hilton in Parsippany, New Jersey. Presented by Cannabis [...]

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SC Laboratories Partners with Agricor & Botanacor

By |2022-03-02T15:58:39+00:001 March 2022|

This week, three companies in the cannabis testing space announced a partnership: Agricor Laboratories, its sister company Botanacor Laboratories and SC Laboratories will join forces to work together on comprehensive cannabis and hemp testing throughout the United States. The press release says that this partnership creates [...]

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Curaleaf Expands in Pennsylvania

By |2022-03-02T15:58:40+00:001 March 2022|

According to a press release published last week, Curaleaf Holdings, Inc. announced the opening of two new dispensaries in Pennsylvania. Their newest location in State College opened its doors to patients this week and the company is expecting to open an new dispensary in Erie next [...]

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