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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.
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. 9, 2021 -– SafeHerb, a division of Specialty Program Group, is introducing… Read More.
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.)
MJ Biz report… A cannabis cultivation company in Nevada was fined $565,000 for allegedly failing to tag its plants for the state-mandated seed-to-sale tracking system and operating with expired licenses, among other violations. The compliance board said in the recent complaint, filed Oct. Source: [link].
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.
Are you wondering how a Seed-to-Sale ERP system can benefit your Cannabis business? The post 4 Compelling Benefits of a Cannabis Seed-to-Sale ERP System appeared first on MaxQ Technologies. The post 4 Compelling Benefits of a Cannabis Seed-to-Sale ERP System appeared first on MaxQ Technologies.
As cannabis legalization is gaining momentum all around the world, the topic of seed-to-sale tracking is also getting more attention—both good and bad. The post All about seed-to-sale tracking: the good, the bad, and the ugly appeared first on Latest Cannabis News Today - Headlines, Videos & Stocks.
Consider the following factors when choosing an integrated Seed-to-Sale Cannabis ERP system Are you seeking to streamline accounting functionality, task management, and internal supply chain operations while meeting Cannabis business compliance? Then you stand to benefit by implementing a true Seed-to-Sale Cannabis ERP system.
Are you wondering how a Seed-to-Sale ERP system can benefit your Cannabis business? You are not alone. As a player in the Cannabis industry, you must see the need for streamlined operations and regulatory compliance.
hemp industry has not yet developed a mature, standard operating supply chain from seed to sale. The post New Publication: Best Practices for Developing a Reliable Supply Chain for Hemp Businesses first appeared on Cannabis Law Report. From Hemp Industry Daily… he nascent U.S. Because there … Read More.
Are you wondering how a Seed-to-Sale ERP system can benefit your Cannabis business? Regardless of your position in the Cannabis Supply Chain, you will find it fitting to adopt […] The post 4 Compelling Benefits of a Cannabis Seed-to-Sale ERP System first appeared on MaxQ Technologies. You are not alone.
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.
The BioTrack software, commonly referred to as seed-to-sale tracking, will track cannabis from when it is first planted as a seed to the point of sale to the consumer. Connecticut has shown their desire to be at the forefront of cannabis by looking for best-in-class software solutions. About Forian. Forian Inc.
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. ?
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.
Washington state is rolling out its own marijuana seed-to-sale traceability system after having relied on the private sector for years, but so far, the government-run platform’s debut this month has been less than smooth. 7 in order to move away from Akerna’s Leaf Data System.
Although grow supply stores already have been openly selling seeds and clones, especially after the passing of the Agriculture Improvement Act of 2018 (Farm Bill), by law, Illinois medical patients have to purchase seeds from Illinois dispensaries. Seeds may not be given or sold to any other person.”
located in Pahrump, Nevada, upon which Agents found more than 100 untagged mature cannabis plants and more than 300 immature cannabis plants (clones) also not tracked in the state’s seed-to-sale tracking system, among security and other significant deficiencies. Immature cannabis plants do not need to be tagged but must be tracked.
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.
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.”
Illinois News Joint Founder, Jason Brown, also will be a panelist for the From Seed to Story: Leaders in Cannabis and Illinois Media SESHES at 2 p.m. The Flower Expo experience combines high vibes and good times with a productive business atmosphere. Stop by booth M1 and say High to Illinois News Joint.
Amendment 2, which became effective on December 6, 2018, legalizes marijuana for medical purposes, allows home growing, and imposes a 4% marijuana sales tax. First, Missouri implemented a seed-to-sale system which added many unnecessary layers between growing the plant and selling product to patients. million votes.
Halston launched her career in the Denver area, starting off in the beverage industry, where she began to develop her sales and networking skills with an eye for marketing and business development. million in national sales in less than two years.
Around tax time, I get this question a lot: “What is my cannabis business’s NAICS code or Business Activity Code?” The IRS requests your business’s “Business Activity Code” on a tax return filing, which is based on the NAICS code system.
Durbin is also suing the Medical Marijuana Authority over the costs business owners could face when the state implements a seed-to-sale tracking system for marijuana. The lawsuit was not publicly available at press time. Source: [link].
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.
While it is enticing to start a hemp or CBD business in Nevada, there are several steps that must be followed in order to start your business legally. While there are some exceptions, the overwhelming majority of businesses will need to follow this step. Generally, most businesses will need and EIN.
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.
Producers will be prohibited from using images on packaging other than their business name logos and product images. The state will use a seed-to-sale tracking system that will track batch numbers, product types, sales details and other inventory information. Read more at.
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?
The Cannabis Central Reporting System (CCRS) is now the sole and official reporting system for cannabis business activity in Washington State. Business has not been halted nor has the system been down since “go live.” This is what they say whilst patting themselves on the back. December 21, 2021. Re: Moving Forward with CCRS.
Consider the following factors when choosing an integrated Seed-to-Sale Cannabis ERP system Are you seeking to streamline accounting functionality, task management, and internal supply chain operations while meeting Cannabis business compliance? Then you stand to benefit by implementing a true Seed-to-Sale Cannabis ERP system.
Consider the following factors when choosing an integrated Seed-to-Sale Cannabis ERP system Are you seeking to streamline accounting functionality, task management, and internal supply chain operations while meeting Cannabis business compliance? Then you stand to benefit by implementing a true Seed-to-Sale Cannabis ERP system.
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®) today announced the release of its second annual mid-year review. You can access the report here. About Akerna.
A group of Colorado lawmakers wants to increase oversight of the state’s marijuana businesses, but the cannabis industry is ready to fight the proposal. The bill requires future contracts for the seed-to-sale tracking system to be awarded pursuant to a transparent, online, and dynamically competitive process. BILL SUMMARY.
Bodegas already have experience selling items that are highly regulated by the state, like alcoholic beverages, cigarettes, and lottery tickets, so incorporating the sale of cannabis would be an easy transition, according to bodega owners. “All this money should not go to white-owned businesses. Cuomo presented last month.
” AB 2691 recently passed through the Assembly Business and Professions Committee. ” AB 2691 recently passed through the Assembly Business and Professions Committee. For small-scale producers to have direct marketing and sales opportunities with consumers is really critical.”
MARLBOROUGH, New Zealand & VANCOUVER, British Columbia–(BUSINESS WIRE)–#ERP—Puro, New Zealand’s largest and most successful cultivator of medicinal cannabis, has selected Elevated Signals as its manufacturing execution system (MES).
This article focuses on different types of cannabis businesses. As the cannabis industry takes shape, the wide array of businesses that make up the industry really come into focus. Learn the types of cannabis businesses. Examples of plant-touching and ancillary businesses along the entire cannabis supply chain.
Surprise Fees Florida-based METRC LLC, which holds the contract with the state to provide “seed-to-sale” tracking services which are monitored […] We touched on this last week.
Twitter is still an important channel for cannabis businesses and cannabis-related businesses to indirectly market their products and services. 10 Twitter Marketing Tips for Cannabis Businesses and Cannabis-Related Businesses. It’s highly effective to boost brand awareness, loyalty, and even sales.
High-Minded Events recently opened its official headquarters at a unique storefront space in Rogers Park, and owner and founder, Phil Cooper, has been utilizing that space for all business needs, including preparing for the next big cannabis event: 2023 Higher Love – Pride Month Kick Off. Higher Love is scheduled for 6-10 p.m.
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