Current Trends in Banking for Cannabis-Related Businesses

Current Trends in Banking for Cannabis-Related Businesses

Cannabis is still federally illegal and is included on Schedule 1 of the Controlled Substances Act (CSA), along with such other substances as heroin, fentanyl and methamphetamines.1 It is a federal crime to grow, possess or sell cannabis. Despite being federally...
Could 2021 Be the Year of Federal Cannabis Legalization?

Could 2021 Be the Year of Federal Cannabis Legalization?

The legalization of cannabis in the U.S. has been long in the making. Back in the early 1970s, states such as Oregon, Texas and Colorado began the process of decriminalizing small amounts of cannabis. Fast forward 50 years or thereabouts, and the momentum toward...
4 Trends Propelling the U.S. Cannabis Testing Market: 2021-2027

4 Trends Propelling the U.S. Cannabis Testing Market: 2021-2027

As the legalization of cannabis in the U.S. continues to grow, stringent regulatory requirements around the country are being adopted to ensure that only safe and high-quality cannabis is sold. The U.S. cannabis testing market is estimated to see tremendous growth...
The Real Reason Some Industry Leaders Want Delta 8 Banned

The Real Reason Some Industry Leaders Want Delta 8 Banned

As sales of Delta 8 increase, hemp and cannabis industry infighting increases right along with it. Some hemp leaders say they object to Delta 8 simply because it’s intoxicating: “Hemp is nourishing….hemp is not intoxicating,” the president of the U.S. Hemp Authority...
Can Cannabis Avoid Alcohol’s 3-Tier Distribution System?

Can Cannabis Avoid Alcohol’s 3-Tier Distribution System?

As an experiential marketer that works with a lot of vice-oriented brands, I’ve always been fascinated by the story of the rise of spirits in the US – a history marked by ingenuity in the face of heavy restrictions, clashing social norms, crime and political ideals....
The Importance of Understanding Cannabis Testing Results

The Importance of Understanding Cannabis Testing Results

Cannabis testing is important for both operators and consumers, but there are some differences in what is important to each group. Obviously, safety and efficacy are important to both. Cannabis is primarily tested for safety reasons to ensure that consumers are...