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Fortune Sing Up Akerna CEO On Same Day It’s Revealed How Much Washington Taxpayers Have Spent On Leaky Seed To Sale Tech. 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.
Welcome to the latest edition of NORML’s Weekly Legislative Roundup! At the state level, North Dakota state Rep. Roers Jones, who sponsored the recently defeated decriminalization bill, is trying to get her language inserted as a part of separate legislation. Your Highness, Carly. Actions to Take.
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. Senate Bill 1003 / House Bill 2273 to amend the state’s existing industrial hemp law to be in compliance with the new federal hemp regulations.
Welcome to the latest edition of NORML’s Weekly Legislative Roundup! Activists in Nebraska, along with two pro-legalization Senators, qualified a 2020 medical cannabis ballot initiative petition to begin collecting signatures from registered voters in the state. Your Highness, Carly. Actions to Take. AL resident?
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.
Welcome to the latest edition of NORML’s Weekly Legislative Roundup! As the first full week of the 116th Congress comes to a close, we have another new federal bill introduced by Rep. Earl Blumenauer (D-OR). Also, the rollout of the new leadership team of the Congressional Cannabis Caucus was announced. Your Highness, Carly. Priority Alerts.
Senate Bill 149 , a nonpartisan bill introduced on March 7, proposes new reporting requirements for such marijuana business violations as sales to underage minors, contaminated product recalls and black market activity. Westword reports. BILL SUMMARY. Improve Marijuana Industry Regulation. 2022 Regular Session.
A smaller but growing number of states also regulate the sale of products derived from hemp. MDAR’s FAQs also state that Massachusetts was “waiting for additional guidance from USDA before developing a plan to ensure compliance with the 2018 Farm Bill[.]” Each Sunday, we summarize a new state in alphabetical order.
But in the late hours of July 11 th , CannTrust’s medical clients received an e-mail stating that, as of July 10 th , CannTrust had stopped all sales and shipping of its products. How, in a country with the most restrictive legal cannabis regulations, can such blatant non-compliance occur? How Does This Happen? .
in particular, regulators are beginning to crack down on what has been the wild west of marijuana sales for the past two decades since the legalization of medical cannabis in California back in 1996. Of course, with quality seed to sale software Cultivate could have avoided this hassle altogether. billion by the end of 2025.
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. US2 Million Taxpayers Money Has Gone Into The Black Hole That Is Washington’s Seed To Sale System. COURTESY OF AKERNA.
Licensed retailers are still free to sell CBD-infused edibles derived from marijuana, so long as those products were manufactured by a licensed processor. Washington processors are allowed to add Hemp-CBD to marijuana products so consumers, over the age of twenty-one, can still access Hemp-CBD by going to marijuana retailers.
(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.”. markets.
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.
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. Non-compliant businesses face the risk of being shut down and attract negative attention to the cannabis industry. Hiring and partnering with the right people will enable you to reach your goals. One commonality among all states is cost.
A smaller but growing number of states also regulate the sale of products derived from hemp. Notably, the AZDA doesn’t regulate retailers, which I’ll discuss some more below. Like in any other state with regulated hemp, there are fees, compliance rules, and penalties for non-compliance.
(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.”. markets.
Wood released this statement to the media: “It is no secret that cannabis businesses throughout the state are struggling, whether it’s taxes, compliance cost, competing with the illicit market or other challenges. This is not about circumventing retailers but growing the industry overall.
This burgeoning industry encompasses a wide range of activities, including cultivation, processing, distribution, and retailsales of medical cannabis products. Additionally, the economic activity generated by the medical marijuana industry boosts local economies through increased consumer spending and tax revenue.
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.
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.
A smaller but growing number of states also regulate the sale of products derived from hemp. SB 6 was passed before the 2018 Farm Bill, in compliance with the 2014 Farm Bill. This post will summarize some of the highlights including cultivation, processing, sales, and hemp-derived products. Last week was Alabama.
Updated compliance practices for the OLCC, amending the grounds for revocation, suspension or restriction of license to major violations, moving enforcement to a more compliance-based approach working with business owners for improved public health & safety. – Kim. Eliminating the turn-by-turn manifest.
Unfortunately, that does not mean that sellers of these types of products should just wing it, given the proliferation of CBD online and in retail stores. Shopify also requires all users to complete an Attestation for the Sale of Hemp and Hemp-Derived Products, for which it again urges users to consult with an attorney for legal guidance.
Only crops authorized by the Spanish Agency for Medicines and Health Products (AEMPS) and the resulting flowers would thus be authorized for free sale in Spain. A decision on the sale of CBD flowers. In the summer of 2018, the Civil Guard inspected its sales premises and seized CBD products including CBD flowers and hashish.
In legal cannabis states like California, many consumers stopped using regular dealers only to realize that the retailers in their neighborhood are more expensive and have less variety than their dealer — and don’t do efficient delivery. Cannabis customers deserve better. There’s a 15% excise tax on cannabis products plus 8.5%
One of the trends driving sales is consumer preference for edibles and concentrates. During the first six months of 2018, cannabis concentrate unit sales rose by a whopping 94.6 per cent, while edibles unit sales have rose more than 13 per cent. per cent rise in sales of dried bud.
Mike Beaudry is founder and CEO of HERBL Solutions, California’s largest cannabis distributor and supply chain solutions company servicing more than 850 storefront and non-storefront retail licensees. As president, he rapidly scaled UNFI from a regional company with $700 million in sales to a national company with $5 billion+ in the books.
Cannabidiol or CBD, which is most commonly sold as oil at high street retailers, is one of the active ingredients of non-psychoactive cannabis. Such products will generate sales of £690 million ($856 million, 811 million euros) in 2021, according to the Association for the Cannabinoid Industry (ACI).
If you recall, on March 1, the agency filed temporary hemp rules , which brought the ODA’s testing rules for hemp and hemp products intended for human consumption in compliance with those used in the testing of marijuana. Hemp production is incredibly hot right now in Oregon. Clarify and update recordkeeping and reporting.
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.
A smaller but growing number of states also regulate the sale of products derived from hemp. 2) Hemp seed that is capable of germination.” 2) Hemp seed that is capable of germination.” The 2018 Farm Bill gives the US Department of Agriculture (“USDA”) regulatory authority over hemp cultivation at the federal level.
A smaller but growing number of states also regulate the sale of products derived from hemp. SB 1020 provides for the creation of a plan for regulating the cultivation of hemp, pursuant to the 2018 Farm Bill, and legalizes the retailsales of hemp extract. This week we head south to Florida. percent on a dry-weight basis.
Often these questions concern regulatory and compliance questions, as (most) companies are keen to mitigate risk and avoid running afoul of state and federal regulators. Some farmers are growing hemp for biomass, others for seed, and still others for its CBD content. Disputes between hemp farmers concerning cross-pollination.
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. The press release. DENVER , Sept. LTM revenue. DENVER , Sept. LTM revenue.
Cannabis consultants play a pivotal role in helping to set up and maintain vital aspects of operations from seed to sale. There are laws and compliance regulations that are constantly changing that you must stay informed and compliant with. There’s more to owning a cannabis business than just growing or selling the plant.
A smaller but growing number of states also regulate the sale of products derived from hemp. Agriculture Improvement Act of 2018, or the plan submitted by the Louisiana Department of Agriculture and Forestry that is in compliance with the U.S. Each Sunday, we summarize a new state in alphabetical order. Department of Agriculture rules.”
All totaled, these incumbents entered 88 states with Distru adding 11 and Seed and Beyond nine. Applications may include ERP, seed-to-sale, compliance, and supply chain/logistics. . Be the first to know when new content like this is available! Your submission has been received! Introduction. Key Findings. Back Office.
A smaller but growing number of states also regulate the sale of products derived from hemp. Maine began authorizing the commercial sale of industrial hemp and Hemp-CBD products in 2015. The 2018 Farm Bill gives the US Department of Agriculture (“USDA”) regulatory authority over hemp cultivation at the federal level. 459 and S.P.
Just in From The Oregon Retailers Of Cannabis Association. ” -Jesse Bontecou, Co-Director of the Oregon Retailers of Cannabis Association (ORCA). Last year Oregon cannabis retailsales hit a record-breaking $1.1 This coalition effort speaks volumes for the matured growth of Oregon’s Cannabis industry. .”
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). Full Job Description. of the NYS Civil Service Law. Duties Description.
You can join the bandwagon and capitalize on the demand as a grower, processor, retailer, or ancillary service provider. Go the extra mile with compliance. Besides setting up your dispensary in a legal state, you must stay ahead of cannabis compliance at all times. Onboard a team of experts. But it is only half the work.
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.
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