Minnesota Legalizes Adult Use Cannabis: Part 2

By |2023-06-17T00:12:04+01:0017 June 2023|

In Part 1, we examined the current status of adult use cannabis in Minnesota, paying particular attention to the licensing framework, taxation and social equity considerations. In this article, we’ll cover some important need-to-know info if you’re considering opening an adult use business in the “Land [...]

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Building An Integrated Pest Management Plan – Part 4

By |2023-06-17T00:11:58+01:0017 June 2023|

This is the fourth in a series of articles designed to introduce an integrated pest management framework for cannabis cultivation facilities. To see Part One, an overview of the plan and pest identification, click here. For Part Two, on pest monitoring and record keeping, click here. [...]

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The Sensory Branding Opportunity for Cannabis Products

By |2023-06-17T00:11:50+01:0017 June 2023|

Cannabis brands are facing a proverbial fork in the road: determining whether their product evolves into a luxury consumable or affordable agricultural commodity. While it is reasonable to assume the cannabis market space will organically grow into a luxury goods industry such as wine and spirits, [...]

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Digital Insurance Solutions are Ripe for Fast-Growing Cannabis Dispensaries

By |2023-06-14T03:05:57+01:0014 June 2023|

Cannabis sales in the United States are expected to hit $100 billion by 2030, and yet dispensary owners still face hurdles before getting up and running, namely obtaining the right insurance coverage. Unlike a coffee shop or clothing store, it can be difficult to secure the insurance [...]

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Beyond Compliance: Leveraging Packaging to Build Brand Identity & Loyalty

By |2023-06-14T03:05:55+01:0014 June 2023|

Ten years ago, “cannabis packaging” didn’t extend very far beyond throwing buds into a plastic baggie – in fact, the term wasn’t even really a recognizable category. The lack of product packaging attention-to-detail was understandable at the time; the industry was still predominantly underground, and brands [...]

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Minnesota Legalizes Adult Use Cannabis: Part 1

By |2023-06-14T03:05:43+01:0014 June 2023|

Part 1: The Current Status of Legalization Minnesota has long been known as the “Land of 10,000 Lakes” and boasts over 14,000 bodies of fresh water covering at least 10 acres. The Dakota Sioux word for water, “Minne”, appears in the word Minnesota (clear blue water) [...]

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Building An Integrated Pest Management Plan – Part 3

By |2023-06-08T03:07:17+01:008 June 2023|

This is the third in a series of articles designed to introduce an integrated pest management framework for cannabis cultivation facilities. To see Part One, click here. For Part Two, click here. Part Four comes out next week and covers direct control options for pest reduction. [...]

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The Craft Cannabis Cavalry: A Story of Small Business & Economic Empowerment

By |2023-06-07T03:04:48+01:007 June 2023|

The Tohiyusdv Cavalry is a black-owned small business based in rural Virginia. At its core, they grow and process cannabis for CBD products, but it’s really much more than that. Through its Precision Craft Farmer Program, the company works with existing small minority-owned farms to introduce [...]

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Desperate California Cannabis Vendors Seek Credit Protection

By |2023-06-07T03:04:35+01:007 June 2023|

Cannabis companies representing 45% of California’s cannabis sales are pushing a bill that will crack down on non-paying customers. Well known operators, including Kiva, Lowell Farms, Nabis and Sunderstorm, recently formed Financial Stability for California Cannabis (FSCC) and moved to support Assembly Bill 766.” The bill, [...]

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Building An Integrated Pest Management Plan – Part 2

By |2023-06-01T03:07:20+01:001 June 2023|

This is the second part of a series of articles designed to introduce an integrated pest management framework for cannabis cultivation facilities. To see Part One, click here. Part Three comes out next week and covers prioritization and preventative measures. Stay tuned for more! This is [...]

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A Research Study on the Antimicrobial Properties of Cannabis

By |2023-05-31T03:03:41+01:0031 May 2023|

Inexpensive in vitro Methods to Evaluate the Impact of Cannabinoid-containing Products on Sentinel Lactobacillus spp.  S. Lewin 1, A. Hilyard2, H. Piscatelli1, A. Hangman1, D. Petrik1, P. Miles2, and C. Orser2 1MatMaCorp Inc, Lincoln NE; 2Apothercare LLC, Boston MA  Abstract The public has readily embraced cannabidiol (CBD) [...]

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Retail Shrinkage and Navigating Loss Prevention in the Cannabis Industry

By |2023-05-26T03:04:09+01:0026 May 2023|

In the regulated cannabis sector, retail shrinkage is a concern as business owners must navigate tight regulations in an often cash-only environment combined with the usual causes of retail shrinkage, including theft and inefficient operations. Retail shrinkage occurs when a company loses inventory from causes other [...]

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Ask the Experts: Supply Chain Risks in Hemp & Cannabis

By |2023-05-25T03:15:54+01:0025 May 2023|

There are a lot of risks throughout the entire supply chain in the cannabis and hemp markets. Legal and regulatory issues, quality control reliability, security problems, product safety, potency, and constantly changing supply and demand are just a few major risks cannabis operators must stay on [...]

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Stemming the Tide: Strategies for Cannabis Testing Labs & Regulators to Address THC Inflation and Lab Shopping

By |2023-05-25T03:15:46+01:0025 May 2023|

The cannabis industry in the United States is booming. In just a few years, it has gone from a small, underground market to a multi-billion-dollar industry. This growth is due in part to the legalization of cannabis in many states, as well as the growing public [...]

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Building An Integrated Pest Management Plan – Part 1

By |2023-05-24T03:15:52+01:0024 May 2023|

This is the first part of a series of articles designed to introduce an integrated pest management framework for cannabis cultivation facilities. Part one details an overview of the plan as well as pest identification. Part two comes out next week and will delve into the [...]

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The Hot Debate Embroiling New York’s Potency Tax

By |2023-05-23T03:05:14+01:0023 May 2023|

On March 31, 2021, New York legalized adult-use cannabis with the passage of the Marijuana Regulation & Taxation Act (MRTA). Perhaps the most controversial portion of the Act was Section 493(1)-(3), which established taxes on the potency of cannabis products sold by distributors to retailers. Many cannabis [...]

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Cannabis Seeds: The Fundamental Building Blocks of the Thriving Regulated Industry

By |2023-05-19T03:03:08+01:0019 May 2023|

Spring is a time of renewal, growth and planting. While many gardeners focus on traditional crops, there is a growing community of cannabis enthusiasts who are also embracing the opportunity to cultivate their own cannabis plants. Research from New Frontier Data reveals that approximately 3 million [...]

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Rise of the Machines: The Case for Automation in the Cannabis Industry

By |2023-05-18T03:13:57+01:0018 May 2023|

The Case for Automation in the Cannabis Industry History has shown that if companies fail to innovate when new technology emerges, even household name brands with enormous market share can squander their success if they are blind to anything that could ever unseat them from the [...]

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Digital Assets & Cryptocurrency in Cannabis

By |2023-05-18T03:13:51+01:0018 May 2023|

As the cannabis industry experiences a significant shift toward general acceptance and mainstream adoption, new modes of operation are popping up everywhere. The evolution and expansion of the industry beg for constant innovation, and the integration of NFTs and cryptocurrencies as payment options is at the [...]

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New Jersey Market Grows, Regulators Make Licensing Progress

By |2023-05-11T03:10:06+01:0011 May 2023|

2023 has so far been a productive year for the New Jersey Cannabis Regulatory Commission (CRC), the government body tasked with overseeing the state’s medical and adult use cannabis markets. The licensing process since New Jersey first launched its adult use cannabis market has been slow, [...]

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Registration Opens for 2023 Cannabis Quality Conference

By |2023-05-05T03:10:18+01:005 May 2023|

May 4, 2022 – Registration for the Cannabis Quality Conference & Expo (CQC), taking place October 16-18 at the Hilton Parsippany in New Jersey, is now open. The agenda will feature breakout sessions, keynotes and panel discussions that will help attendees better understand the cannabis markets in [...]

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Facing Cybersecurity Risk? Here are 6 Ways to Minimize it.

By |2023-05-04T03:14:59+01:004 May 2023|

The cannabis industry is the latest target for cybercriminals. Why? Because many cannabis operations employ less than 100 workers and few are equipped with sophisticated IT systems and knowledgeable on-staff IT personnel, so they are often easier to exploit. Add the all-cash nature of the business, [...]

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SC Labs Expands, Acquires C4 Laboratories

By |2023-04-26T03:03:59+01:0026 April 2023|

According to a press release published on Monday, SC Labs has acquired C4 Laboratories, a cannabis testing lab located in Scottsdale, Arizona. The acquisition means SC Labs has expanded their footprint into five states total. Originally based in California, the cannabis testing company now has locations [...]

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ASTM Launches New Labeling Standard

By |2023-04-22T15:30:18+01:0022 April 2023|

ASTM International has announced the approval of a new standard in development that could have potentially wide-reaching influence on the cannabis industry throughout the world. ASTM’s cannabis committee (D37) has approved the new standard (D8449) for development that aims to develop internationally aligned label specifications for [...]

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New Jersey Gives Curaleaf A Second Chance

By |2023-04-20T13:17:37+01:0020 April 2023|

On April 13, 2023, The New Jersey Cannabis Regulatory Commission (CRC) announced that Curaleaf would not be able to renew their cultivation and retail licenses for adult use cannabis for violating labor rules under the state’s cannabis regulations. In a surprise reversal, the NJ CRC voted [...]

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How Dispensaries Can Create Superior Online Experiences

By |2023-04-13T03:01:15+01:0013 April 2023|

Even the most traditionally-minded, tech-averse entrepreneur accepts their success relies on providing customers with a superior online experience in 2023. Trying to succeed without a robust web presence is akin to running the 100-meter with your legs tied together. On that note, the legal cannabis industry [...]

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Montana Revisited: How Did Its Cannabis Gold Rush Pan Out?

By |2023-04-06T03:07:41+01:006 April 2023|

A little over a year ago, we at AB FinWright took a look at the newly-opened adult-use cannabis market in Montana and posed the question: Is Cannabis the Next Gold Rush for Montana? Now, with our 20-20 hindsight, we can see that cannabis sales have taken [...]

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Kentucky Legalizes Medical Cannabis

By |2023-04-06T03:07:37+01:006 April 2023|

Following years of attempts by legislators and activists to get legal medical cannabis moving in Kentucky, the state just legalized medical cannabis last week, making it the 38th state in the country to legalize medical cannabis. In front of a crowd of stakeholders, advocates, patients and [...]

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Product Liability in the Cannabis Industry: Insights From 2022 & Looking Forward

By |2023-03-30T03:23:07+01:0030 March 2023|

In 2022, product liability lawsuits in the cannabis/cannabidiol (CBD) industry continued to focus on levels of THC and the psychoactive ingredient in cannabis, while federal agencies continued issuing warning letters for CBD products (including CBD-infused food and dietary supplements) that made misleading medical claims. Against this [...]

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New Jersey Moves to Remove State’s 280E Tax Code

By |2023-03-29T03:16:44+01:0029 March 2023|

The New Jersey legislature recently approved legislation that would allow licensed cannabis businesses to deduct ordinary business expenses on their state tax return that they are prohibited from deducting on their federal tax return, and such legislation has been sent to Governor Phil Murphy to potentially [...]

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Looking for Quality in Security: A Q&A with Superior Protection

By |2023-03-29T03:16:41+01:0029 March 2023|

In New Jersey’s legal cannabis market and other states with newly legalized cannabis, a new market for security agencies has emerged. The increased demand, much like other aspects of the industry, has created a gold rush mentality with plenty of new and old security agencies looking [...]

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The Story of 5th House Farms: Economic Empowerment & Equity in Cannabis

By |2023-03-23T03:02:58+00:0023 March 2023|

Based in Rochester along the I-5 corridor in western Washington is 5th House Farms, a black-owned cultivation and processing company. Founded in 2016 by a BIPOC family with a tier three producer license, the company has quietly built an impressive brand success story in the state.  [...]

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The Science of Cultivating Cannabis: Tips for a Thriving Grow Operation

By |2023-03-22T03:27:35+00:0022 March 2023|

Creating a healthy cannabis growing environment based on the science behind growing top-notch, medical-grade cannabis is essential for producing consistent results, assuming you start with quality genetics. Before speaking about the environment, it is necessary to highlight that quality and consistency has to first start with [...]

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Audit Readiness for Plant Touching Businesses

By |2023-03-18T03:25:00+00:0018 March 2023|

A report issued three years ago by the Department of Treasury, Treasury Inspector General for Tax Administration (TIGTA), states that the IRS will begin to increase its audit of cannabis businesses throughout the country. The report, released on March 30, 2020, states that the IRS believes [...]

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Adult Use Cannabis Begins in Compassionate Connecticut

By |2023-03-16T03:29:16+00:0016 March 2023|

On January 10, 2023, Connecticut joined those states in our union that have opened their doors to adult use cannabis sales. Seven dispensaries stepped through those doors and by January 31, Connecticut had recorded $5.1 million in adult use sales, plus an additional $8.2 million in [...]

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The Importance of Regulatory Compliance for Cannabis Delivery Providers

By |2023-03-16T03:29:09+00:0016 March 2023|

Cannabis retail is becoming more and more commonplace in the United States. According to a consumer trends survey by North Hollywood-based cannabis brand Ganja Goddess Inc., 90% of respondents said they used online ordering and delivery services to purchase cannabis. Around 60% reported that online ordering [...]

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California’s DCC Requests AG Opinion on Interstate Cannabis Commerce

By |2023-02-23T03:32:32+00:0023 February 2023|

On January 27 this year, Matthew Lee, General Counsel for the Department of Cannabis Control, sent a letter to Senior Assistant Attorney General Mollie Lee requesting an opinion on whether “medicinal or adult-use commercial cannabis activity … between out-of-state licensees and California licensees, will result in [...]

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2023 Cannabis Labs Virtual Conference: February Program

By |2023-02-23T03:32:28+00:0023 February 2023|

2023 Cannabis Labs Virtual Conference: February Program Click here to watch the recording Agenda When & Why You Should use Molecular-Based vs. Cultural-Based ID Methods Josh Smith, MS, President & CSO, Telic Labs; Acting Lab Director, ABKO Labs When it comes to microbial diagnostics, there are [...]

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New Jersey’s Careful Approach to Cannabis: Part One

By |2023-02-16T22:48:18+00:0016 February 2023|

This is Part One where we examine the state of the market, licensing, approvals and sales. Part Two will delve into all things taxes. Stay tuned for Part Two, coming next week! On the surface, New Jersey’s new adult use cannabis program is similar to the program [...]

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Rhode Island Embraces Adult Use Cannabis, But With A Bitter Tax Pill

By |2023-02-12T18:28:51+00:0012 February 2023|

Although Rhode Island is the USA’s smallest state, it has traditionally taken an out-sized dislike for cannabis and its users. It first banned cannabis in 1918 and, up until recently, had some of the strictest mandatory minimum sentences for large-scale possession, sentencing those with more than [...]

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ASTM Develops Two New Cannabis Standards

By |2023-02-09T03:02:58+00:009 February 2023|

According to a press release emailed this week, ASTM International’s subcommittee focused on cannabis, D37, is in the midst of developing two new standards surrounding cannabis safety and education. One standard, WK84667, is designed to “help document engineering controls for air filtration and person protective equipment [...]

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From Seed to Storefront: Why Cannabis Retailers Should Know How to Cultivate

By |2023-02-08T03:45:30+00:008 February 2023|

There isn’t one simple formula that holds the secrets of success in cannabis branding, but there are some things that might give you an advantage. The possibilities of cannabis are endless and understanding the cultivation process can be incredibly advantageous to brands who want to become [...]

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Anticipating the Ebbs and Flows of Seasonal Retail Cannabis Sales

By |2023-02-01T03:30:40+00:001 February 2023|

Like any industry, cannabis can experience ups and downs, especially when it comes to a doors-open retail business. Dispensaries that operate in towns or cities that attract tourists experience this more than anyone, seeing sales spike during the busy months and reach lows during the off-season. [...]

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3 Benefits of Conducting Genetic Tests on Your Plants

By |2023-01-31T03:53:59+00:0031 January 2023|

Many growers may wonder why it’s important to get their plants genetically tested, but the truth is that genetic testing can make growing a lot easier. Genetic analysis in plants can give a wide range of results that can help scientists solve everyday problems in plant [...]

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AOAC International Names New CSO

By |2023-01-26T03:02:59+00:0026 January 2023|

AOAC International, an independent nonprofit standards development organization has announced the appointment of Dr. Katerina (Kate) Mastovska as their new deputy executive director and chief science officer. Dr. Katerina Mastovska Most recently, Dr. Mastovska served as chief science officer for the Eurofins US Food Division. She [...]

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Attracting Investment: How Cannabis Companies Can Best Position Themselves

By |2023-01-25T03:24:32+00:0025 January 2023|

Remember those heady days of the Green Rush a decade ago, when markets were small and it seemed everyone had a chance? Now it’s more of a mad rush to get some green in the form of investment capital. The majority of states in the country [...]

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A Guide to Dispensary Insurance

By |2023-01-24T03:13:31+00:0024 January 2023|

As a business owner, insurance is always a must. If you are interested in entering into the cannabis industry or you already have, it’s important to know what to expect when it comes to insuring your cannabis-related business. That’s why we’ll be exploring what dispensary insurance [...]

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Compliance as a Revenue Center: Banking & Cannabis, More Similar Than You Think

By |2023-01-19T03:03:57+00:0019 January 2023|

Have you ever been to the DMV, only to be turned away because you didn’t have the countless forms of identification needed? Sometimes it feels like no amount of ID or proof of residence is enough, whether it’s your 2nd grade report card or an electric [...]

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Data: The Key to Success in Today’s Cannabis Market

By |2023-01-19T03:03:54+00:0019 January 2023|

As the cannabis industry continues to evolve, recent market challenges have created an environment that is more difficult for industry leaders to navigate. To find success in today’s marketplace, company leaders need to adopt a robust, data-driven approach to combat the influx of rising brands, emerging [...]

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