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Illicit marijuana providers don’t ask for or check for ID, but licensed businesses most certainly do.” The post Colorado: Compliance Check Data Confirms That Retailers Aren’t Selling Marijuana to Minors appeared first on NORML. “Regulation works.
The Coalition letter focuses on the need for small business access to the SBA relief funds as an avenue to protect the progress that has been made by minority entrepreneurs in the emerging legal cannabis marketplaces. RE: Protect Minority-Owned Marijuana Businesses and their Workers. You can read the full letter below.
Is cannabis legal for business purposes in Australia? Cannabis businesses must comply with several laws, including: Narcotic Drugs Act 1967 regulates cannabis cultivation and manufacture for medicinal or scientific purposes. Laws apply to business activities of all kinds at the local government level. The specific license type.
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The 144-page report, compiled by the Cannabis Regulation Oversight Office (CROO), incorporates data from several state departments. According to the Department of Agriculture (IDOA), around 30 percent of businesses that have been awarded cannabis licenses are actually operational. Find detailed information about this topic here.)
In the fast-paced, data-driven world of the cannabis industry, partnerships are crucial to success. We thank our partners at Headset for collaborating on the white paper to provide a wealth of information that people can trust to make informed business decisions in our evolving marketplace.”
According to research by real estate data company, Clever , property values rose by $17,113 more in states where recreational cannabis is legal, compared to states where it’s illegal or just legal at the medicinal level. Clever combined data from Zillow, the U.S. New businesses, tourism, and jobs all contribute to the increase.
This Act amends the Controlled Substances Act to reduce the number of instances in which federal law enforcement agencies could carry out legal actions against state-licensed cannabis businesses or other related enterprises. “The majority of states now regulate either the medical use or the adult use of marijuana.
Rescheduling would stand to have the largest impact on cannabis research and business taxes. Rescheduling would ease those research barriers, improving access to data and education around the plant and opening the door to fully explore the medical benefits cannabis could provide.
In the business world, Artificial Intelligence (AI), or technology that is coded to stimulate human intelligence, is having a major impact on the way which businesses operate. There are many ways in which AI tools are used in businesses, but most applications focus on driving growth.
Fyllo are getting busy. The post US Compliance Company Fyllo Acquires Marketing & Loyalty Tools Outfit Data Owl first appeared on Cannabis Law Report. It’s looking as though they are ramping up for changes in US Federal legislation throughout 2021-2022… Read More.
Prohibition Holdings Ltd (parent company of Prohibition Partners) today announces its 100% acquisition of Business of Cannabis to form the industry’s new leader in media and data as well as the largest B2B audience in cannabis. About Business of Cannabis.
Jobs in the state-licensed cannabis industry rose 15 percent during the past 12 months, and the industry now employs over 243,000 full-time workers, according to data compiled by Leafly.com. According to its 2020 report , the regulated cannabis industry added 33,700 new jobs over the past year.
The Illinois Department of Agriculture (IDOA) recently released two press announcements dealing with new online portals for cannabis businesses. The second announcement (see previous article for first announcement ) focused on the implementation of a paperless registration system for cannabis businesses. See Extension Announcement.
LogicKit cannabis delivery brings integrated solutions to cannabis business owners. With multiple options for marketing, data capture and white-glove onboarding, LogicKit helps cannabis business owners dream bigger for their business.
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.
The state-licensed cannabis industry gained over 64,000 new employees in 2018, and now employs over 200,000 full-time workers, according to data compiled by Whitney Economics and the online content provider Leafly.com. The full report is available online here.
The Ontario Cannabis Store (OCS) says a breach has stolen cannabis sales data. The post Stolen Cannabis Sales Data appeared first on Cannabis News, Lifestyle - Headlines, Videos & Cooking. The Crown monopoly handles the distribution of cannabis in Ontario. First, they must go through the Ontario Cannabis Store.
The Illinois Department of Agriculture (IDOA) and the Division of Cannabis Regulation announced today an official Metrc implementation timeline for licensed cannabis businesses transitioning from BioTrack to Metrc as Illinois’ track-and-trace data system. To move items into Metrc, plants and packages will need Metrc RFID Tags.
Also introduced was The Marijuana Data Collection Act of 2019 , which would study the effects of state legalized medicinal and non-medicinal marijuana programs from a variety of perspectives, including state revenues, public health, substance abuse and opioids, criminal justice, and employment.
CanMar Recruitment is looking for a Director of Business Development and Partnerships for our client in Montreal, Quebec. As Director of Business Development and Partnerships, you are responsible for leading and accelerating business analysis, sourcing, and deal flow activities. About Our Client. About the Role. Requirements.
Nasdaq: AIKI ) (“AIkido” or the “Company”) today announced that positive Phase 1 testing data was presented at the 2021 ASCO Annual Meeting June 4 , 2021. The post AIkido Pharma Announces Positive Phase 1 Data Presented at ASCO on 225Ac-J591 appeared first on CannabisFN. AIkido Pharma Inc.:
Currently, thousands of state-licensed and regulated businesses lack access to the banking industry and are unable to accept credit cards, deposit revenues, or write checks to meet payroll or pay taxes because federal law discourages financial institutions from engaging in such partnerships.
Thousands of state-licensed and regulated businesses lack access to the banking industry and are unable to accept credit cards, deposit revenues, or write checks to meet payroll or pay taxes because federal law discourages financial institutions from engaging in such partnerships. With 97.7% of the U.S.
Data analytics is a vital tool for any business or industry, and the Cannabis industry is no exception. Businesses can make sense of trends, track responses to activities, and even sometimes predict the future with “predictive analytics”. Many Businesses Intelligence (BI) tools are available to Cannabis […].
New data shows MYMD-1 has key differentiators and capabilities compared to existing TNF inhibitor drugs. BALTIMORE–(BUSINESS WIRE)– MyMD Pharmaceuticals, Inc. Data also demonstrated that none of the biological drugs selected for the comparison study proved to be anti-proliferative to any of the primary cell types assessed.
Code 280E, will impose burdensome compliance requirements for cannabis businesses while significantly increasing retail costs for consumers via the 25% federal tax rate. Federal Taxation: The proposed federal tax schedule, while eliminating the high tax burden ofS.
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Members of the United States Senate Committee on Banking, Housing, and Urban Affairs are scheduled to hear testimony next week regarding the need to provide greater access to financial services for state-licensed marijuana-related businesses.
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Today, we stood with Representatives Tulsi Gabbard and Don Young as they introduced the Ending Federal Prohibition Act and Marijuana Data Collection Act. Despite this economic boon, marijuana businesses are still unable to utilize financial services and face issues regarding taxation that no other legal business faces.
There is no data showing that there are pervasive health or safety issues in the cannabis industry. Cannabis businesses are already taking proactive steps to ensure that their employees are protected, such as voluntary OSHA inspections as well as Good Manufacturing Practice certifications.
The Cannabis Regulatory Agency (CRA) began publishing monthly disciplinary action reports related to fines and suspensions issued against Michigan’s marijuana businesses for violating agency rules. Marijuana businesses are required to submit annual financial reports, similar to audits, conducted by outside accounting companies.
Using a data driven approach, Hybrid Financial provides its clients with comprehensive coverage of both American and Canadian markets. The post Nova Provides Business and Growth Updates appeared first on CannabisFN. EDMONTON, AB , June 2, 2021 /CNW/ – Nova Cannabis Inc. SOURCE Nova Cannabis Inc.
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According to data from the Missouri Department of Health and Senior Services, there are 192 licensed dispensaries in the state. According to data released by the Department of Health and Social Services, the steady increase in dispensary sales began accelerating in February of this year and has not slowed since.
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What’s more, data published by the Federal Ministry of Health during the first half of 2021 showed that the country received close to nine tons of medical cannabis flower, whereas just five tons were imported during the first half of 2020. Medical Cannabis Businesses and Investors Hope So appeared first on Cannabis Central.
. “At a time when nearly 70 percent of all Americans want to end our failed federal policy of blanket cannabis criminalization, it is unfortunate to see so many participants at this hearing advocating largely for business as usual,” said NORML Executive Director Erik Altieri. Witnesses at today’s hearing were: Matthew J.
The partnership will allow researchers at the university to gather data that can be used to develop treatment strategies based on strain, the effectiveness of cannabidiol in treating pain and other disorders and the method of delivery, be it smoked or ingested, McDonell said. The tribe is scheduled to fund the research project for a year.
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