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The post Colorado: Compliance Check Data Confirms That Retailers Aren’t Selling Marijuana to Minors appeared first on NORML. “Regulation works. Illicit marijuana providers don’t ask for or check for ID, but licensed businesses most certainly do.”
Licensed cannabis retailers in Colorado and Washington are highly compliant with state laws refusing the sale of products to minors, according to data published in the Journal of Studies on Alcohol and Drugs. … There are several explanations for this high compliance. .” states,” is online here.
By Oliver Bennett, Special Contributor to New Frontier Data. They have attracted tourism, leading to Barcelona’s being dubbed “ the new Amsterdam ”; with a lounge bar aesthetic, they offer a more hospitable ambience than the iconic coffeeshops of the Netherlands, with a social element missing from the typical retail dispensaries of the U.S.
CCB/DoT Release Annual Cannabis Taxable Sales Data. Together with the Nevada Cannabis Compliance Board (CCB), the Nevada Department of Taxation (DoT) released figures showing more than $1 billion in taxable sales reported by Nevada’s legal cannabis industry over a 12-month period. TAXABLE SALES. FISCAL YEAR 21. 1,003,467,665.
Apple customers can now place orders from licensed retailers directly within the Weedmaps iOS app. This new feature not only allows Weedmaps customers to browse and discover cannabis products and deals in their area, but it also allows for orders to be submitted directly with licensed retailers via a single, seamless in-app experience.
Assessment of Recreational Cannabis Dispensaries’ Compliance With Underage Access and Marketing Restrictions in California. 2 However, little is known about whether cannabis retailers comply. We assessed the compliance of RCDs with underage access and marketing restrictions in California. Research Letter. August 16, 2021.
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 addition, consumers can opt-in for loyalty programs and text message alerts.
“Surprisingly, many retailers didn’t understand that they collect personal information, despite the fact that all private licensed liquor and cannabis retailers collect some form of personal information from employees and customers who enter physical stores or make purchases online,” said Commissioner Michael McEvoy. THE REPORT.
September 30, 2022 Together with the Nevada Cannabis Compliance Board (CCB), the Nevada Department of Taxation (DoT) released figures showing more than $965 million in taxable sales reported by Nevada’s legal cannabis industry over a 12-month period.
This data helps Californians understand the work we have ahead of us in realizing the promises of cannabis legalization, including supporting access to a safe, legal, and equitable cannabis market across the state and combating the unregulated, illicit market”. The data tool can be found on the DCC website here: [link]. Tweet this.
The press release also notes that, while the value of the inventory is significant, it is unsellable – returned by various patients, distributors and retail stores. WeedAdvisor’s Compliance Solutions. . Out of all the errors producers, distributors or retailers can make, non-compliance is arguable one of the most egregious.
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
Without compliance boxes checked, the operation will not be able to launch. Colorado Springs, for example, doesn’t allow cannabis retail stores in the city’s jurisdiction, and El Paso and Teller Counties in Colorado prohibit dispensaries. Data & Software. Compliance. Real Estate.
(Nasdaq: WTRH) (“Waitr” or the “Company”), a leader in on-demand food ordering and delivery, today announced the Company has entered into a non-binding letter of intent (“LOI”) to acquire Retail Innovation Labs Inc. This should further enable the dispensary retailers utilizing Cova software to grow and thrive.”.
The state licensing authority shall maintain a free searchable database on its website related to compliance check records and minor in possession of marijuana records and an online method for submitting an anonymous tip related to licensing violations. But it’s not the pass-fail rate that concerns state Senator Chris Hansen.
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. Full cannabis supply chain data. About MJ Freeway.
From sales to inventory management and legal compliance, this software does it all. It works effortlessly for compliance and robust store management. The system supports any specialized equipment used in modern retail. Having accurate data available when you need it informs important decisions. It is easy to use.
Jessica Billingsley, CEO of Akerna, is driving the company toward being the go-to option in providing transparency to cannabis retailers, farmers, distributors, and regulators across the globe” Is the official line. The session will cover the fundamental processes and data reporting requirements of CCRS. Cannabis Tech Co.
billion in the United States in 2018, and the number of “plant-touching” jobs is expected to pass 500,000 by 2022, according to New Frontier Data, a cannabis market research and data analysis firm. People often want to run a dispensary or set up a cultivation center and I ask, ‘Well, have you ever done retail? Are you a farmer?
Not everyone has dispensaries up and running yet, so this data doesn’t reflect sales in all 38 legal states. . According to the flash report, historical data shows cannabis sales typically spike the weekend before the 4th and Friday, July 2nd is expected to retail nearly $91,000,0000 – up 60% from an average Friday.
HempFusion distributes its family of brands, including HempFusion, Probulin Probiotics, Biome Research, and HF Labs, to approximately 4,000 retail locations across all 50 states of the United States and select international locations.
(“WM Technology” or the “Company”) (Nasdaq: MAPS), a leading technology and software infrastructure provider to the cannabis industry, has released its first data and insights report, titled ‘Cannabis in America’. According to Weedmaps’ orders data, orders in H1 2021 increased by 55%, compared to H1 2020. Methodology.
As a still-young industry, many are all too familiar with the stringent compliance protocols attached to cannabis today. Cannabis retailers across the U.S. Data […]
Though the rise in the popularity of cannabis-infused products has bolstered the market, the proliferation of products and concern over the use of certain products has prompted the need to revise industry compliance. Setting the Standard for Compliance. For a complete version of the rules, see here.
Like a tremor before a larger quake, the impact of this trend is only beginning to be felt – just ask Eaze (the “Uber” of marijuana retail), who has been told by a California federal judge twice that its proposed $3.4 As such, compliance with the TCPA was already difficult for even the most established industries and companies.
This burgeoning industry encompasses a wide range of activities, including cultivation, processing, distribution, and retail sales of medical cannabis products. The establishment of cultivation, processing, and dispensary facilities creates a diverse array of employment opportunities, spanning from agricultural roles to retail positions.
According to data from the Missouri Department of Health and Senior Services, there are 192 licensed dispensaries in the state. In the state of Missouri, the retail sales tax on medical marijuana sits at 4%. As of writing, out of the 192, 130 are currently approved to operate. million and June bringing in roughly $16.5
Akerna to acquire 365 Cannabis, built on Microsoft’s Dynamics 365 Business Central, and become the most comprehensive cannabis ERP system offering a complete portfolio of tax, financials, reporting and compliance systems. DENVER , Sept. LTM revenue. An updated investor deck on the transaction will be made available at: ir.akerna.com.
Reporting to a Program Specialist 3 (Cannabis), the Program Specialist 2 (Cannabis) positions will be responsible for overseeing and participating in inspecting, auditing, and performing a full range of compliance duties for the region assigned (Albany/Buffalo/NYC).
Observations from the Field: Discounting Product Between Processors an Retailers. Leaf Data Systems Update. WSLCB Enforcement officers will begin working with marijuana retailers to educate staff, check for violations, and take appropriate action to gain compliance. Pesticide Disclosures. Paying Your Excise Tax.
Offer cannabis operators a seamless solution from startup to multi-state operator while maintaining regulatory compliance every step of the way through Akerna’s compliance gateway. An updated investor deck on the transaction is available at: ir.akerna.com. “The
Tremor Video , a leading programmatic video and CTV platform, and Fyllo , the leader in compliance-first SaaS solutions for highly regulated industries, today announced a partnership enabling advertisers to target cannabis and CBD consumers across all video screens including programmatic video and Connected TV (CTV).
The Company expects this to drive significant incremental revenue growth at retail. Today, HempFusion and its family of brands are one of the select few CBD companies that stand fully prepared to meet or exceed US & global compliance standards. HempFusion’s co-founder and Chief Executive Officer.
Retail licenses for Oklahoma’s medical cannabis program declined 8% in 2020, the first contraction for the open-license market since MMJ sales began in 2018. To say there is retail saturation is an understatement.”. Despite the 2020 decline, the state led the nation in the number of retail licenses, ending the year with 2,057.
Ganjapreneur report… Sixteen months after legalization, just nine of California’s 627 retail cannabis dispensaries are actively using a seed-to-sale tracking system – along with only 93 of more than 1,000 manufacturers and 254 of the nearly 4,000 licensed cultivators, according to an Associated Press review of state data.
HempFusion’s combined footprint includes the following: Distribution to over 15,000 retail locations including Publix, Walgreens, CVS, Rite Aid, Albertsons, Sprouts, Nordstrom, Whole Foods, and Kroger, with several more significant retailers expected to launch in the coming weeks. pull week ending 5/22/21)].
We juxtaposed state license counts against the 320 companies that connect to METRC and Leaf Data Services in WA. Since compiling this data– we took an updated look and found 43 new companies are now part of the software stack. Applications may include ERP, seed-to-sale, compliance, and supply chain/logistics. Activity (79).
To the knowledge of the Company, it carries out its operations in compliance with all applicable laws in the jurisdictions in which it operates. 1 Source: Passport, Euromonitor International, Cannabis in Latin America, July 2021. RHO Phyto is the first medical formulary of advanced “Cannabis 2.0”
Last summer, Cannabiz Media published its first Cannabis Software Stack Report where we juxtaposed state license counts against all the companies that connect to METRC and Leaf Data Services in WA. Since compiling this data, we published an update last November with 43 additional companies. Back Office. Activity (79). Advisory (81).
Fairwinds employs more than 20 people, and Hull pointed to sales data showing their products were among the top sellers in Washington’s legal cannabis market last quarter, with over $4 million in retail sales. “That’s the only place we’re allowed to explain the intent of the product,” Wendy Hull said. What happened to medical pot?
But the cost of production and regulatory compliance all add overhead that companies need to cover. But Farnworth says this is about to change: “You can expect to see increasing enforcement action against illegal retailers by the Community Safety Unit, which will help to reduce the availability of illegal cannabis.
Treez ( www.treez.io ) , a private company and leading provider of an enterprise cloud platform that streamlines retail and supply chain operations in the cannabis market, today announced it was ranked #13 by the San Francisco Business Times on the Fast 100 annual fastest-growing companies in the Bay Area 2021 list.
(TSX:CBD.U) (OTCQX:CBDHF) (FWB:8OO) (“HempFusion” or the “Company”), a leading health and wellness Company offering premium probiotic supplements and products containing CBD, applauds California’s Assembly Bill 45 permitting the retail sale of products containing hemp-derived extracts and CBD.
Manufacturing licenses are one part of the cannabis value chain that does not get as much attention as farming and retail. They are not issued with the same frequency – nor ferocity as cultivation and retail/dispensary licenses. He has spent his career working with and advising information companies in the compliance space.
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