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Flora’s new platform for consumers, distributors, and government regulators will demonstrate its commitment to operational excellence and transparency enabling end-to-end supplychain validation, setting a new global standard for cannabis distribution. About TruTrace & Applied DNA Technologies.
HERBL , California’s largest cannabis supplychain solutions company, today announced its acquisition of Blackbird , a premier cannabis distributor and direct-to-consumer software solutions company based in Nevada. This deal exemplifies our forward-thinking vision for the future of the cannabis supplychain market.”.
As it is now prevalent in many types of software and applications, AI is revolutionizing workflows, business practices, and entire industries by changing the way businesses work, access information, and analyze data. There are many ways in which AI tools are used in businesses, but most applications focus on driving growth.
A Windsor, Ontario-based company Audacia Bioscience is especially focussed on three patented technologies that deliver consumer and patient insights to the industry to close the knowledge gaps in the supplychain. AI-Powered search platform maximizes access to publications. Mobile communities advance consumer research.
When you walk into a hardware store, pharmacy, or even a liquor store, if you don’t know exactly what product will meet your needs there’s someone educated enough to point you to the right product and the data to back up that recommendation, says Tyler Dautrich, COO of Releaf. Edited and mixed by Michael Schaeffer Omer-Man.
You can access the report here. Data Snapshot: Cannabis Consumer Spending and Trends: James Ahrendt , Business Intelligence Architect, Akerna. Using connected data and information to propel the cannabis industry forward, Akerna empowers businesses, governments, patients, and consumers to make smart decisions. About MJ Freeway.
Metrc stated, “Seamless data tracking in Metrc helps operators optimize inventory control, accurately report sales data, and improve cultivation management. With the new contract, Metrc is poised to take over Illinois’ seed-to-sale tracking for licensed operators. Illinois uses BioTrack as its current track-and-trace vendor.
[link] [link] At Meadowlands, representatives from along the licensed California cannabis supplychain discussed creating an environment of open, cooperative cannabis, scaling in the legal market, and capturing the opportunity to finally a create a cannabis industry in California as it should be. no one can operate in a silo.
Companies across the cannabis supplychain rely on Fyllo’s compliance-first solutions to navigate the industry’s ever-changing regulatory environment and respond to growth opportunities with confidence and speed. Mainstream brands also use the Fyllo Data Marketplace to target previously inaccessible cannabis and CBD consumers.
Changes in regulations can have ripple effects throughout the industry, impacting supplychains, investment strategies, and consumer access to medical cannabis products. Effective supplychain management encompasses inventory management, transportation logistics, and compliance with regulatory requirements.
The state’s regulatory agency sent out a bulletin last week to notify business owners it will transition away by the end of the year from Akerna’s Leaf Data Systems platform in favor of one developed and maintained by regulators. The session will cover the fundamental processes and data reporting requirements of CCRS.
Ohio’s Cannabis Landscape: Current Status and Future Outlook Ohio’s medical marijuana program, first launched in 2016 , brought legal access to patients managing certain debilitating conditions, but it took three years for dispensaries to open up due to regulatory challenges. The pressure is on to capture this budding market.
Silo Wellness is also the first global psychedelics company to access the nationwide network of a large-scale distributor to reach consumers across the U.K. over the next eight years, according to Data Bridge Market Research. at mainstream retail stores. The global psychedelic drugs market at large is projected to reach US$6.85
CSE: TTT; OTCQB: TTTSF) (TruTrace) under which TruTrace’s blockchain-based StrainSecure™ platform was integrated with CertainT to deliver a complete, end-to-end supplychain security solution to cannabis companies. This identifier can then be tested for its presence as it travels throughout a global supplychain.
This allows them to proactively adjust product formulations, supplychains, pricing, packaging and more to increase sales, satisfaction and loyalty. Native’s platform gives independent F&B brands access to first-party consumer data – which has historically been hoarded by retailers.
This number also underscores the entire agency’s tireless efforts, particularly those of our hardworking staff, to thoughtfully regulate a safe, accessible, and effective adult-use marketplace that keeps critical tenets of our mission – public health, public safety, and equity, among others – front of mind.”.
per share, the result of continued execution across the business segments, the TerraSmart acquisition, and 80/20 productivity initiatives, partially offset by timing and alignment of higher input costs and price increases, supplychain disruptions, and shifts in project timing in the Agtech and Renewables segments. million, or $0.80
Data shows that Hispanic Americans are more interested in using cannabis and CBD for wellness than other groups and “is believed to be in part due to the connections between the Hispanic community and nature.” Supplychains are disrupted as a result, and consumers grow fearful of buying hemp. Leonardo “Leo” Orozco.
As a result of the acquisition, 365 Cannabis’ 85+ clients will gain access to Akerna’s Compliance Gateway, feature-rich reporting, MJ Retail POS, and the recently launched Akerna Connect. Conference ID: 13722555. An updated investor deck on the transaction will be made available at: ir.akerna.com. About Akerna.
This legislation provides important updates to our state’s medical [cannabis] program to ensure that patients have improved access to medication.”. They make a good point, considering the fact that the legislation invites hemp cultivators to participate in the state’s supplychain.
Building the bridge between brands and the marketplace through testing and the importance of good data. A need for data at all of these levels and data specific to product type drives more advanced methodology in the laboratories, often resulting in a better understanding of the matrix and more accurate data.
The Rules aim to promote social equity, safety and easy access to the cannabis marketplace while keeping local municipalities in control of how they want cannabis businesses to operate in their jurisdiction. The Rules specify different classes of licenses for each stage of the supplychain. License Application Type.
The state tracks the bar codes that are embedded in cannabis plants and products, following the crop throughout the commercial supplychain. Access to this database, Melekian said, will allow an auditing firm contracted by the county to check whether a grower’s self-reported tax revenues line up with the number of his plants.
Pennsylvania now has the ability to consider advisory board-based recommendations for regulations and further provide for electronic tracking for storage, transportation and laboratories, ensuring leaders across the Commonwealth are empowered with the most comprehensive and current information and data available.
Seamless data tracking helps operators optimize inventory control, accurately report sales data, and improve cultivation management. We are eager to work side-by-side with the Metrc team to establish a well-regulated supplychain to ensure the long-term safety and security of patients and providers.”.
20, 2022 /PRNewswire/ — Dama Financial (“Dama”), the nation’s largest provider of access to banking and payment solutions for the cannabis industry, has entered into an agreement to acquire GrowFlow Corp. (“GrowFlow”), whose business management and compliance tools have processed more than $3.3
The company’s intelligent UPC aims to reduce cost and increase transparency in all parts of the supplychain, from growers to brands to retailers to consumers. Cultivators and brands can use this barcode to upload and access test results and compliance certifications. Others use QR codes for inventory tracking.
Give 365 Cannabis’ 85+ customers, including Pharmacann, Nectar, Revolution, Sundial, and Kiaro, access to Akerna’s compliance gateway, feature-rich reporting, MJ Retail POS, and the recently launched Akerna Connect. There can be no assurance that the data contained herein is reflective of future performance to any degree.
While it’s true that this is still a new and rapidly growing industry, there is already significant competition among brands selling to cannabis license holders across the supplychain. However, getting access to cannabis license holder contact information and insights can be challenging. .
Because many of these patients are among our more vulnerable populations, it is essential that they maintain uninterrupted, regulated access to lab-tested products during this time. Allow State-Legal Business Access To Banking Services. There are several million state-licensed medical cannabis patients in America.
Brown-Forman’s Global Sustainability Goals broaden the company’s focus beyond owned-business operations to include its supplychain, where the majority of the company’s environmental footprint resides, and are centered around four pillars: Climate Action : Reduce greenhouse gas emissions. Imprecision in supply/demand forecasting.
This alliance is just the first step in a larger movement to co-create a future where consumers have access to trusted cannabinoid products that fully deliver on their potential to help people live healthier, fuller lives.”. Step five: The OBX and Radicle Science validated product is sent to production. Headquartered in Roxboro, N.C.,
– Initial Findings of Egyptian Cotton Sampling Presented to Textile Executives, Advances Use of Genomics for End-to-End SupplyChain Traceability – – Company Files Provisional Patent Application with U.S. Applied DNA intends to publish its methodology and data upon completion of its manuscript. Dr. James A.
Data & Software. This ensures that at any moment data can be sourced from every legal cannabis plant that has been grown and sold. Seed-to-sale data is powerful in that it allows companies to be mindful of product inventory and recall items when necessary. The final step in the supplychain is the sale.
2021 Outlook Adjusted for Amplified Inflation and SupplyChain Challenges. Our team executed well and delivered solid results despite significant acceleration of inflation and supplychain disruption that exceeded our expectations going into the quarter,” President and Chief Executive Officer Bill Bosway stated. “We
The Department took steps this year to deliver on the promise of consolidation, establishing regulatory reforms that streamline requirements for cannabis licensees, unifying department operations to more efficiently support the entire supplychain, centralizing complaint reporting, and enhancing access to public resources and information.
ADCL will serve as prime contractor with subcontractor CLEARED4’s health verification platform to be used for appointments, sample tracking, reporting, program management, and mobile access pass visibility. The LinearDNA platform also has non-biologic applications, such as supplychain security, anti-counterfeiting and anti-theft technology.
ADCL’s solution includes the use of subcontractor CLEARED4’s health verification platform for appointments, sample tracking, and value-add services of campus access management. The LinearDNA platform also has non-biologic applications, such as supplychain security, anti-counterfeiting and anti-theft technology.
The rapid increase in the volume of enterprise data and growing automation of business processes across several end-use industries such as retail, manufacturing, healthcare, and transportation are expected to drive the demand for business software and services over the forecast period. billion in 2020 (Grandview Research). from 2021 to 2028.
The foundational framework was laid with the establishment of the Michigan Medical Marijuana Program in 2008, signalling the state’s commitment to providing legal access to cannabis for qualified patients. Entrepreneurs and businesses leverage this data to navigate the competitive landscape, ensuring they meet market demands.
Each individual’s data in the License Database includes direct links next to their names that lead to their social media profiles when Cannabiz Media’s researchers find that information. Finding leads through social media can be time-consuming and challenging.
The Smart Event allows registered attendees to research exhibitors and products, access exclusive on-demand content, engage in live discussions and schedule meetings. The online platform will open on March 14 and is accessible to all registered visitors. The press registration form is accessible here. Health and Safety.
As of August 2019, authorities in Australia have granted approximately 14,500 approvals, under the Special Access Scheme, for the legal use of medicinal cannabis. chemovars) in house to ensure strict guidelines are followed to supply a consistent and clean medicinal product at low costs. Doctor advisory and patient access.
Negative testing results yield a ‘green pass’ via CLEARED4 that is texted to the employee’s smartphone that authorizes access to corporate facilities. ’ Positive testing results yield a ‘red pass’ to the employee that should deny access to corporate facilities until said employee tests negative. Dr. James A.
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