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The 144-page report, compiled by the Cannabis Regulation Oversight Office (CROO), incorporates data from several state departments. The report also touts, as more evidence, Illinois’ $2,007,401,374 in sales during the past fiscal year. Illinois officials recently released the Annual Cannabis Report for Fiscal Year 2024.
Illinois is set to switch its cannabis seed-to-sale tracking system after delivering a Notice of Intent to award a contract to a new vendor. With the new contract, Metrc is poised to take over Illinois’ seed-to-sale tracking for licensed operators. Illinois uses BioTrack as its current track-and-trace vendor.
I certainly hope that other states follow Nevada’s lead and provide reassurances to licensed veterinarians that they can administer CBD or talk about it with patients without fear of facing disciplinary proceedings,” he said. But do medical cannabinoids actually help animal patients? Earlier this year, Gov. A simple question.
HerbalGram, the acclaimed quarterly journal of the American Botanical Council, recently published its 2021 “Herb Market Report,” which included data on sales of CBD as an herbal ingredient in mainstream and natural retail channels in the United States. E-commerce sales of CBD in the U.S. increase in annual sales.
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.
(NASDAQ: FORA), a provider of technology, analytics and data science driven solutions for the healthcare and cannabis industries, announced that Connecticut has chosen BioTrack as the track and trace system for the state’s Department of Consumer Protection Drug Control Division. About Forian. Forian Inc.
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.
Although medical cannabis has technically been legal in Missouri for over a year and cards have been issued, patients are still waiting desperately for dispensaries to open across the state. First, Missouri implemented a seed-to-sale system which added many unnecessary layers between growing the plant and selling product to patients.
Since these beginnings in 2014, many other changes surrounding the use and possession of medical marijuana have been put into place in Missouri so the state can provide legal medical marijuana to patients suffering from a variety of approved conditions. In 2018, Amendment 2 was passed, making medical marijuana in the state completely legal.
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.
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.
Leaf Data used to be MJ Freeway. But no need to panic we learn via a MJ Biz report, “The next generation of Leaf Data Systems provides what it calls a “product authentication system.” MJ Biz write…… Utah regulators selected Leaf Data Systems for its medical cannabis seed-to-sale traceability program.
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
The acquisition combines proven high quality dried flower sales and industry-leading yields with immediate facility expansion, increased capacity, enhanced product development, key sales licences, existing provincial supply deals, and direct distribution to medical patients focused on Veterans. MONTRÉAL, Aug.
As part of the pre-launch, G-nnovation products will be marketed in Israel to a limited number of licensed patients through Telepharma pharmacy, with whom Canonic recently engaged. With this, Canonic has completed its end-to-end cannabis value chain in Israel , from seed to product. About Canonic Ltd.:
Google announced in May, 2019 that they had updated their policy section of the Google to ban apps “that facilitate the sale of marijuana or maijruan products, regardless of legality.” Long before we all got surgically-attached to our smartphones, cannabis was there, lovingly held in the palm of your hand, a constant companion in daily life.
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.
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.
Heritage to lead medical sales and commercialization across non-competing medical channels in Canada under the Opticann brand. We look forward to collaborating with the Heritage team to extend our proprietary and evidence-based topical formulations to more Canadian patients and expand into more medical channels nationwide.
Board Certification – Effective May 7, 2019, SB 162 removed the requirement for physicians issuing recommendations to patients for medical marijuana to be board certified. OMMA is currently evaluating implementation timelines for this data infrastructure. This change aligns with language in HB 2612. for 100% disabled veterans.
Seamless data tracking helps operators optimize inventory control, accurately report salesdata, and improve cultivation management. We are confident that Metrc is the best partner to help Alabama institute a trustworthy statewide seed-to-sale tracking system for our medical cannabis market,” said AMCC Director John McMillan.
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.
With this agreement, , we will have the opportunity to shape the Israeli CBD market and leverage IMC’s new and expanding retail presence, distribution capabilities and data-driven insights to reach our patients and future consumers with a leading brand such as cbdMD,” said Oren Shuster, IMC’s CEO. About cbdMD, Inc. cbdMD, Inc.
The Chief Operating Officer of BioTrackTHC, Moe Afaneh, gave a high-level overview of the company’s seed-to-sale software for state-level data collection. Individual products available for sale to consumers or patients must meet the state’s packaging and labeling requirements. . Marijuana Programs.
Patients should first meet with a health-care practitioner to determine if cannabis can be beneficial in treating their symptoms. If so, the latter provides patients with a medical certificate required for registration with one of the 132 producers authorized by Health Canada.
Aside from Japan legalizing medical marijuana and forging a legal pathway that enables patients to use drugs made from cannabis plants, the amended legal law also seeks to criminalize the use of marijuana. Data suggests that the market has inflated from JPY4 billion (USD$3 billion) in 2019 to JPY17 billion (USD$13 billion) in 2022.
patent to protect its technology used to track the cultivation, classification, and identification of cannabis seeds and plants. Recreational and medicinal consumers will know that the products that they consume can be traced from seed to sale. Information is power, data is power.”. Intellectual Property.
The FDA has provided clarity that hulled hemp seed, hemp protein powder, and hemp seed oil can be legally used in foods. To understand the breadth of issues and gather data on safety we have conducted a public hearing, reviewed the medical literature, and have an open public docket.”. The FDA needs to act.”
I am a legal Florida medical marijuana patient since January 2017, as well as a traveling medical cannabis writer, patient educator and vocal advocate. I am a legal Florida medical marijuana patient since January 2017, as well as a traveling medical cannabis writer, patient educator and vocal advocate. CANNABIS PRIMER.
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.
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. Ed Keating, the chief data officer at Cannabiz Media, said the decline was not a surprise. To say there is retail saturation is an understatement.”. The entire U.S.
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.
We are excited to begin cultivation in West Virginia and be one step closer to providing relief to the patients who need it,” said Nicholas Vita, CEO of Columbia Care. Our ability to begin operations solidifies our position as a leader in the state. “Our Our ability to begin operations solidifies our position as a leader in the state.
The press release. 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. DENVER , Sept. LTM revenue. Eastern Time to discuss the acquisition.
We are proud to offer cannabis operators the most comprehensive cannabis technology ecosystem of the best-in-class tax, financial, compliance, consulting, training, data analytics, product development, and more.”. An updated investor deck on the transaction is available at: ir.akerna.com.
In early February, the West Virginia Office of Medical Cannabis (OMC) announced the successful applicants to receive a medical cannabis dispensary permit. RELATED: Medical Cannabis Dispensary Permits Announced in West Virginia. and West Virginia-based medical cannabis dispensary Harvest Care Medical.
But that’s exactly what’s happening for this seed-to-sale leader that’s paving the way in the business. The resulting data was compiled and analyzed, becoming custom regimens for each cultivar—down to temperature, humidity, light intensity, feed schedule, and pruning technique. Find Trulieve in Florida. Courtesy of Trulieve.
Greenlight comes to the medical market with nearly a decade of cannabis experience spanning several states where medical and adult use cannabis sales are already legal. BILLERICA, Mass., About Greenlight. Greenlight’s executive team comes from the wildly successful Acres Cannabis of Las Vegas, Nevada and Eureka of California.
Because hemp-derived CBD is only legal for sale as a topical in the state, it’d bring about a lifeline for Massachusetts’ struggling hemp industry. The amendment allows licensed hemp producers and processors to sell their products to medical and adult-use cannabis dispensaries in the state. A Struggling Industry.
This advisory provides an overview of key regulatory activity and priorities that should be on the radar of any company engaged in the development or sale of products that contain CBD. The patchwork of state laws and regulations is a concern for the CBD industry, as well as patient groups. Godfrey , Evelina J. Arnold & Porter.
Be the first to know when new content like this is available! Subscribe to our newsletter to get alerts about new posts, local news, and industry insights. Your submission has been received! Something went wrong while submitting the form. One of the next states to issue licenses will be Georgia. Business Formations.
WORCESTER – The Cannabis Control Commission (Commission) is alerting patients and consumers to its quarantine order (Order), issued October 18, 2021, mandating that ACK Natural, LLC, a colocated medical- and adult-use licensee, recall all products with unverifiable mycotoxin test results sold to its consumers and patients.
The bill, scheduled to take effect on January 1, 2019, allows California farmers to enter the rapidly-growing hemp industry on a wide scale, raising industrial hemp to produce hemp seed, oil, fiber, and extract for a variety of uses. These are some of the iconic images that immediately come to mind when people think of California.
She stated, “As legalization of cannabis expands across the world, we believe it is imperative that businesses, patients, consumers, and governments have the tracking and compliance technology they need to make informed decisions and comply with applicable regulations. Here’s the release in full as related via Nasdaq.
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