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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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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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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Going Vertical: How Vertical Farming Is Revolutionizing the Cannabis Industry

By |2022-03-02T15:58:41+00:001 March 2022|

In the cannabis industry, it’s crucial to be able to predict the future, to adapt and survive in a competitive industry that is arguably regulated more closely than any other. From licensing to buildout, there are a growing number of barriers to entering the cannabis industry [...]

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Mitigating Counterfeiting in the Cannabis Industry

By |2022-02-24T14:23:52+00:0022 February 2022|

According to projections, counterfeiting and piracy could reach $2.3 trillion in the US alone, bringing the economic cost to $4.2 trillion globally by 2022. The pandemic made the billion-dollar problem even worse. Products that you directly ingest or place in contact with your body have become [...]

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Innovations in Dosing Technologies: Getting an Accurate Hit, Every Time

By |2022-02-17T03:36:54+00:0017 February 2022|

Cannabis products and medicines are progressing rapidly, eating away at the market share of smokable flower. Currently, the general adult use cannabis market is split in three, in order of popularity: cannabis flower, vaporizers and ingestible products like edibles or capsules. In the medical market, flower [...]

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New York Expands Medical Access, Prepares for Adult Use

By |2022-02-17T03:36:49+00:0017 February 2022|

Now entering its sixth year of medical cannabis legalization, the Empire State is well on its way to expanding the market considerably. When New York first legalized medical cannabis, it had some of the strictest rules in the country. Dispensaries needed to have pharmacists and doctors [...]

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Cannabis Dispensary Displays: What’s Trending in 2022

By |2022-02-16T10:20:03+00:0016 February 2022|

As additional states around the country legalize cannabis – New Jersey, Arizona, South Dakota and Montana, to name a few– more and more medical and adult use dispensaries are popping up. Business owners are looking for ways to stand out from their competition. Enter dispensary displays, [...]

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Pennsylvania Recalls Vape Products

By |2022-02-10T20:42:48+00:0010 February 2022|

The Pennsylvania Department of Health sent emails back in December to registered medical cannabis patients, notifying them of a safety review being conducted on ingredients found in cannabis vape products. According to the Pittsburgh City Paper, the emails the state agency sent out were kind of [...]

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Mississippi Legalizes Medical Cannabis

By |2022-02-09T10:19:57+00:009 February 2022|

Update: Gov. Reeves signed the bill into law today. Mississippi is the 37th state to legalize medical cannabis in the country.  On January 26, 2022, both the Mississippi House of Representatives and the state’s Senate voted overwhelmingly to approve SB 2095, the bill that will legalize [...]

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The Cannabis Industry and the Science of Seasonality

By |2022-01-31T02:29:34+00:0031 January 2022|

Let me be honest: I’ve only been part of the cannabis industry for six months. Before that, I worked at B2B tech start-ups and ad tech companies like Roku and Criteo. The most valuable thing I learned is that most good ad campaigns are linked to [...]

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New Jersey Adult Use Program Likely Delayed

By |2022-01-31T02:29:32+00:0031 January 2022|

Back in November of 2020, voters in New Jersey overwhelmingly approved Question 1, the ballot measure to legalize cannabis. On February 22, 2021, New Jersey Governor Phil Murphy signed three bills into law, laying out the framework for how the state would move forward with legalized [...]

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Thinking of Starting a Cannabis Delivery or Transport Business? Here’s What You Need to Know

By |2022-01-31T02:29:30+00:0031 January 2022|

Ask any cannabis connoisseur, and they’ll likely tell you that cannabis delivery services have been around for a long, long time. Given the distancing requirements of the COVID years, the increasing number of medical cannabis patients who need or would like cannabis delivered to their door [...]

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Louisiana Senate Candidate Smokes Blunt in Campaign Ad

By |2022-01-31T02:29:28+00:0031 January 2022|

Last week, Gary Chambers Jr., a Baton Rouge native, launched his political campaign to run for a U.S. Senate seat in Louisiana. He took the internet by storm with his first political advertisement, a 37-second-long video where he advocates for cannabis legalization, discussing the disproportionate effects [...]

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Research Suggests Cannabis Could Help Treat Covid-19

By |2022-01-31T02:29:26+00:0031 January 2022|

One study published in the Journal of Natural Products two weeks ago proposes using the cannabinoid CBDA in conjunction with vaccines to prevent SARS-CoV-2 (Covid-19) infection. The study was conducted in a lab and says that cannabinoid acids (CBGA, THCA-A, CBDA, etc.) can bind to the [...]

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A Q&A with Brandon Barksdale, CEO of Dalwhinnie Enterprises LLC

By |2022-01-31T02:29:24+00:0031 January 2022|

Dalwhinnie Enterprises is a cannabis brand that started in Ridgeway, Colorado. Based in the San Juan Mountains in Western Colorado, the company includes brands like Dalwhinnie Farms Cannabis, Shift Cannabis, Ridgway Hemp Company and the Dalwhinnie Farms Boutique in Aspen, Colorado. Brandon Barksdale has about a [...]

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A Q&A with Brandon Barksdale, CEO of Dalwhinnie Enterprises LLC

Curaleaf Acquires Bloom, Opens New Florida Dispensaries

By |2022-01-31T02:29:22+00:0031 January 2022|

Curaleaf Holdings, Inc., a Florida-based cannabis company operating in 23 states and Europe, made two big announcements earlier this morning. First, they acquired Bloom Dispensaries for $211 million. As part of the acquisition, Curaleaf is purchasing Bloom’s four dispensaries in Phoenix, Tucson, Peoria and Sedona. They [...]

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Is Tilray Stock a Buy Post Fiscal Q2 Results?

By |2022-01-31T02:29:20+00:0031 January 2022|

Canadian cannabis giant Tilray (NASDAQ:TLRY) announced its fiscal second quarter of 2022 results last week. The company reported net revenue of $155 million in Q2 which was an increase of 20% year over year. Tilray attributed these gains to its expansion in verticals that include alcohol [...]

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