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May 2023, the Department of Financial & Professional Regulation (IDFPR) announced that Illinois was switching its cannabis seed-to-sale tracking system from BioTrack to Metrc and listed this transition as an Essential Projects in the FY2023 Annual Cannabis Report and again in the FY2024 report.
IDFPR cites the explosive growth by stating that 82 new dispensaries open for business in the last year, the single-largest expansion of cannabis dispensaries since the program first started with the Compassionate Use of Medical Cannabis Program Act (CRTA) in 2014. Find detailed information about this topic here.)
9, 2021 -– SafeHerb, a division of Specialty Program Group, is introducing… Read More. The post New Commercial Insurance Product to Cover Cannabis and Hemp Business from Seed to Sale first appeared on Cannabis Law Report. February 9, 2021 PRESS RELEASE BRENTWOOD, TN, Feb.
Fortune Sing Up Akerna CEO On Same Day It’s Revealed How Much Washington Taxpayers Have Spent On Leaky Seed To Sale Tech. Washington state is scrapping its contract with a third-party, marijuana seed-to-sale traceability provider in favor of a more simplified system developed in-house, a first for any state cannabis program.
Akerna (Nasdaq: KERN ), an enterprise software, leading compliance technology provider, and developer of the cannabis industry’s first seed-to-sale enterprise resource planning (ERP) software technology (MJ Platform ® ), announced a new offering, Akerna Connect.
Cannabis businesses in the state of Oklahoma have 90 days to become compliant with the state’s seed-to-sale (S2S) tracking system. Since the filing of this lawsuit last year, businesses have not been required to comply with any type of seed to sale tracking. Cannabis and Oklahoma: A Brief History.
Amendment 2, which became effective on December 6, 2018, legalizes marijuana for medical purposes, allows home growing, and imposes a 4% marijuana sales tax. Problems plaguing the medical cannabis program in Missouri are three-fold. Second, the program has experienced controversy and claims of disparities from its inception.
While the board specified that hemp seed oil (with no CBD or THC) and hemp flower (with 0.3% While the board specified that hemp seed oil (with no CBD or THC) and hemp flower (with 0.3% According to projections from Statista, legal CBD sales in the US will achieve the $1.8 A Threat to a Growing Industry. According to U.S.
It has been a few years since the wheels began turning on the legalization and sale of medical marijuana in the state of Missouri. Even though laws were put into place that legalized MMJ and made it possible for qualifying patients to access the medication, dispensaries and sales had not yet come into play.
The Seed to Sale software is designed to amplify operations and automate compliance to promote exponential levels of success, profits, and growth. How Seed to Sale Works. The software runs on the same automation engines used by the Food and Drug Administration (FDA) and the U.S. California. ? Colorado. ? Maryland. ?
23, 2022 /PRNewswire/ — SafeHerb, a division of Specialty Program Group, LLC, is introducing a new executive protection insurance program for the cannabis and hemp industry as an expansion to their current property and casualty capacity to meet the growing needs of their customers. About Specialty Program Group.
Pennsylvania Senator Daylin Leach and Senator Sharif Street recently unveiled their plan to introduce legislation, Senate Bill 350 (“SB 350”), that — if passed — would legalize adult-use cannabis and create a corresponding regulatory program. If you wish to re-publish this story please do so with following accreditation.
In FY2023, 28 new dispensaries that were not connected to existing dispensaries opened for business in Illinois. Another unreached “Essential Projects” goal from last year’s report included the implementation of “a new ‘Seed to Sale’ program that has been modernized to better serve the people of Illinois.”
This week, a bipartisan coalition of more than 100 co-sponsors has reintroduced legislation in Congress, The Secure and Fair Enforcement Banking Act (SAFE Banking Act), HR 1595, to allow state-licensed marijuana-related businesses to engage freely in relationships with banks and other financial institutions. Your Highness, Carly. AL resident?
1 deadline to train managers and employees under a new compliance and safety program that is the first of its kind in the nation. The state’s Responsible Vendor Training Program is designed to support licensee compliance and enhance the safety of customers and employees. Seed-to-sale tracking compliance. MJ Biz reports.
Patient and Caregiver Application Processing – Also effective May 7, 2019, SB 162 gave OMMA 14 business days to review and provide a response on patient and caregiver applications. Application Processing – HB 2601 and HB 2612 extend the timeline for review of business applications to 90 business days.
Denver, Colorado’s marijuana social use law is here to stay, as the city council voted this week to remove the “sunset” provision which made it a temporary four year program. Welcome to the latest edition of NORML’s Weekly Legislative Roundup! At the state level, North Dakota state Rep. Your Highness, Carly.
At the state level, Governor Jay Inslee of Washington launched a new program and began granting pardons to those with past criminal misdemeanor marijuana-related convictions on their record. Welcome to the latest edition of NORML’s Weekly Legislative Roundup! Earl Blumenauer (D-OR). Your Highness, Carly. Priority Alerts. North Dakota.
Along those lines, Oregon’s biggest hemp company already is a seed company called Oregon CBD. If you want a certain CBD-rich strain–or a CBG strain , or a CBN strain , or any other kind of hemp strain–you would go to a seed company. approved pesticides), and count on clear federal parameters for their business models.
The nature of the position involves designing application receipt and review processes, review of detailed license and renewal applications, preparation of complaints cases for investigations, preparation of investigations cases for disposition, and oversight of vendor data systems for complex laboratory, seed-to-sale tracking, and complaints.
There are five important “categories,” that require company leaders’ utmost focus and attention as they launch a compliant cannabis business in a newly legal state. Non-compliant businesses face the risk of being shut down and attract negative attention to the cannabis industry. Cutting across these categories is the team.
To participate in Oklahoma’s medical cannabis program, all that patients need to do is meet with a doctor and receive a medical marijuana recommendation. Oklahoma Medical Cannabis Program Prospers. As of January 6th, there were 386,561 patients enrolled in the program. Oklahoma Medical Cannabis Program’s Problems.
Additionally, the WSDA has stated that some parts of the hemp plant, specifically hulled hemp seeds, hemp seed protein powder and hemp seed oil are allowed for use in food. According to the WSDA, Hemp-CBD is not approved as a food ingredient. Section 4 of SB 5276 provides: “[t]he whole hemp plant may be used as food.
On eve of Commission’s fourth birthday, Marijuana Establishments surpass $2 billion in gross sales since retail stores opened in Massachusetts; progress continues to achieve industry goals. Over the first year of adult-use sales , from November 2018 to November 2019, 33 Marijuana Retailers generated $393.7
Most states’ regulated cannabis regimes require licensed cannabis companies to use seed-to-sale track-and-trace software. In California, the state has contracted the entire track-and-trace program to the METRC program. While loss of access to the entire METRC system could happen, it’s probably not very likely.
Insurance Journal reports… There’s a shortage of carriers offering insurance to cannabis businesses in numerous states, causing these businesses to pay more for policies or go underinsured. The division sponsored Colorado Cannabis Business Insurance Forum, a series of four virtual webinars. 2021 Guide to Cannabis Markets.
This burgeoning industry encompasses a wide range of activities, including cultivation, processing, distribution, and retail sales of medical cannabis products. Understanding these trends is vital for businesses to effectively meet consumer needs and stay competitive in the market.
Alabama legalized medical a medical cannabis program on May 17, 2021 when Governor Ivey signed SB 46 into law. Although medical cannabis program was signed into law last year, it has yet to be fully implemented. While cannabis legalization moves full steam ahead through much of the Northeast, the southeastern U.S.
The Minority Cannabis Business Association (MCBA) recently released the first National Cannabis Equity Report , a 39-page document that explores the social equity programs within the 36 states that have legalized medicinal or recreational cannabis. The MCBA spelled out four pillars that constitute a truly equitable program.
Cannabinoid Hemp Program Regulations (Finally) Finalized. While much attention is focused on New York’s adult-use cannabis market, the CCB and Office of Cannabis Management (OCM) are also responsible for overseeing both the Medical Marijuana and Cannabinoid Hemp Programs. cannabinoid hemp and hemp extract.”
(This story appears in the March issue of Marijuana Business Magazine.). In response, some companies have launched their own programs aimed at providing women and people of color with more opportunities to succeed in the space. As the business matures, the entrepreneur buys back that stake, Registre said. New York Gov.
New Jersey lawmakers have come to an agreement with Governor Murphy regarding retail marijuana tax rates, settling on charging sales tax by weight as opposed to a specific percentage. Welcome to the latest edition of NORML’s Weekly Legislative Roundup! Your Highness, Carly. Actions to Take. AZ resident?
SB 5372 went into effect on July 25, 2021, and creates a voluntary registration and certification program that hemp processors can opt-in to in the Evergreen State. However, Washington does not allow for the sale of ingestible hemp products (other than hemp seed ingredients) and SB 5372 does not change that.
On Raw Garden’s website, as of May 2021, the Santa Barbara-based cannabis cultivation business lists “839 strains and counting,” each one an example of the breeding program at the heart of the garden. We spoke with Raw Garden’s product director, Khalid Al-Naser, to learn more about the strategy. 215 space. Courtesy of Raw Garden .
The nature of the position involves designing application receipt and review processes, review of detailed license and renewal applications, preparation of complaints cases for investigations, preparation of investigations cases for disposition, and oversight of vendor data systems for complex laboratory, seed-to-sale tracking, and complaints.
Employee assistance program. Schwazze is the parent company of a portfolio of leading cannabis businesses and brands spanning seed to sale. Job title: Business Contract Attorney. Job Overview: The Business Contracts Attorney drafts, edits, and reviews business vendor and service provider contracts for the Firm.
Please note, the specifics of the program is still being drafted and we will continue to update you as more news come in. Additionally, everything will be tracked from seed to sale as it is now, ensuring that consumers can have confidence in the quality and safety of the product they are buying.
It is very challenging to manage finances in any business, especially when it comes to small businesses. Still, there is a lot of perplexity about cannabis business financing. Still, there is a lot of perplexity about cannabis business financing. Financing Options for Weed Businesses.
Washington State legalized marijuana in 2012, and now, nearly seven years later, state officials are proposing laws that would overhaul the legal marijuana system, including legalizing home delivery for patients and boosting minority ownership of marijuana businesses.
A smaller but growing number of states also regulate the sale of products derived from hemp. According to a report prepared by Marijuana Business Daily , in 2018, Colorado allocated 12,042 outdoor acres and 2.35 The state’s cultivation program is overseen by the Colorado Department of Agriculture (“CDA”).
Her father wanted to take the business further than cultivation and turn it into a full seed-to-salebusiness. We really built the business from the ground up through trial and error.”. Power entered the cannabis industry in 2013 when there were little to no experts in the space. INDUSTRY CHALLENGES.
It also includes comprehensive restorative justice provisions, including grants, loans, and other funding programs for disadvantaged and minority businesses, record expungement, petitions for resentencing, and other measures intended to repair the decades of harm caused by the War on Drugs. Cannabis above 0.3%
The ruling creates uncertainty regarding the sustainability of Florida’s current licensing structure governing its medical marijuana program. Notably, the lawsuit challenged the constitutionality of (a) the requirement that MMTCs perform all business operations from seed to sale (i.e., Background. Florigrown Case.
The bill legalizes the production and sale of marijuana flower concentrates, topical and edible products, immature cannabis plants and seeds, and hemp-derived THC products. Vertical integration of cannabis business is not allowed except in certain circumstances. Manufacturers can sell products to other businesses.
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