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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. The tools that Akerna Connect provides our dispensary are game changing.
For this post, I want to focus on the where the new cultivation licenses have been issued, what it means for the total number of licenses, and what might it translate into in terms of expanded canopy size. Through the end of May, 3,278 new cultivation licenses were issued in 14 states. How Much Canopy was Licensed in California?
If you saw a demo of the Cannabiz Media License Database at a past tradeshow, it’s time to stop by Booth #235 because there have been so many changes to the software since the last show we attended in early 2020! Schedule an online demo at a time that works for you. Already a subscriber? Stop by Booth #235 and say hi! No worries!
won Class 1 Production Licenses which allows for up to 100,000 square feet of cultivation space. were awarded a Class2 License which permits them to cultivate cannabis with 50,000 square feet of canopy. He has spent his career working with and advising information companies in the compliance space.
They are not issued with the same frequency – nor ferocity as cultivation and retail/dispensary licenses. In some jurisdictions, the cultivation and manufacturing activities may be combined into a single license like in Connecticut and New Mexico. States are rarely in harmony when it comes to these licenses.
We spend most of our time working in the commercial cannabis industry in California – complaints about the complexity of licensing, tax reporting and regulatory compliance are constant. The implementation of the METRC compliance system in California became a running joke with single and double digit usage out of thousands of licensees. .
We believe in lowering the cost of compliance through free-flowing and accurate information. I’m a 17-year cultivator here in Northern California and I’m trying to connect the dots between Northern California growers and where a lot of the commerce happens in cannabis in Southern California. You should know everyone here.
And so cultivators and even retailers are going to have to make a decision of whether they want to sell to both markets. And so the question comes down to, if you’re a cultivator and you can only sell to a group of folks that is getting smaller and smaller every year, are you going to continue to do that? Is your manufacturer licensed?
The case hinges on “instructions and advice about how to cultivate” cannabis that appeared in the pages of Legalizace , which are said to have “resulted in inspiring at least one individual” to procure seeds through an ad in the magazine and grow several plants — “thereby producing the prohibited substance Delta-9-tetrahydrocannabinol ( THC ).”.
A lot of effort and energy are spent to keep the licenses and their employees in compliance so that the asset is not impaired, or worse revoked! These include 14 retail locations in Florida: In addition the company, through a subsidiary has both a hemp cultivation and manufacturing license in Connecticut under the Incredible Edibles brand.
So, we know that data, and let’s say if somebody was a grow software company, the only licenses that they’d really be trying to reach are growers or cultivators. And that’s really where Cannabiz Media comes in. So, this is a chance to see who’s out there.
We manage the inputs, we manage the machine extraction runs, the outputs, all the inventory, the sales orders, the batch tracking, lot tracking, to comply with various recall protocols and federal regulations and guidance for GMP compliance and Food Aafety Act stuff. That’s where the CBD comes from in our messaging.
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