News
Read up on the latest news and recent information regarding cannabinoid-based medicine.
Cannabis Banking Today: Navigating Verification, Compliance, and Regulatory Change
Banking for cannabis businesses has come a long way. Ten years ago, most banks wouldn’t even consider it. Conversations would stop almost as soon as they began. “Too risky,” they’d say. “Too unclear.” Or, “Maybe someday, but not now.” Fast forward to today, and Green...
Can NY’s Legal Stores Compete with an Eight-Billion-Dollar Illicit Market?
The recent Business of Cannabis Summit in New York City brought together industry professionals at the trendy Wythe Hotel in Williamsburg, Brooklyn, for a day focused on tackling the cannabis industry’s toughest challenges: price compression, retail survival, and the...
The Case for Outsourcing HR in Cannabis
Most cannabis operators I meet are juggling a lot more than they expected. One day they’re handling payroll, the next they’re sorting out compliance, and somehow still trying to grow the business. HR usually gets squeezed somewhere in between. It’s not that owners...
The State of Ohio’s Cannabis Legal Landscape
This has been a whirlwind year in Washington, D.C., with the inauguration of President Donald Trump and the swearing in of a new Republican majority in the U.S. Senate. The “Republican trifecta” of the House, Senate, and administration has led to stalled progress with...
An MSO’s Perspective on the New York Market
At the recent Business of Cannabis event in New York, Robert Sciarrone, Chief Revenue Officer at Curaleaf, shared an MSO’s insider view on why he believes New York is poised to become the best cannabis market on the planet. Sciarrone began by reflecting on his...
The Shift Toward Stability Testing for Cannabis Products
Cannabis products are increasingly held to the same standards as food and pharmaceuticals, and that means verifying how their potency and composition change over time. Cannabis stability testing provides the data needed to establish reliable shelf life, confirm...
MariMed Is Raising The Bar For Cannabis Quality
MariMed, one of the nation’s leading multi-state cannabis operators, began in the medical cannabis market and expanded into adult-use as states legalized. Through this growth, the company has remained true to its “medical-first” approach, ensuring...
Platform Launches Promising Insurance Coverage for Medical Cannabis—For Real
A Cleveland-based health-tech company, EM2P2, has launched a platform that could change how Americans pay for medical cannabis. Its new product, CannaLnx, claims to make cannabis care reimbursable, compliant, and accessible by finally allowing patients to apply...
Why Dispensaries Can’t Afford to Neglect HR Compliance
Most cannabis dispensaries are small businesses. That often means they operate on tight margins and require employees to take on roles outside their typical job descriptions. It’s common for owners or general managers to handle HR and payroll functions themselves....
Busting the Top 10 Myths About ESOPs: Why Cannabis Business Owners Can’t Afford to Ignore Them
In cannabis, it sometimes feels like every financial conversation ends the same way: “If not for 280E, we’d be thriving.” That line gets repeated in boardrooms and investor decks across the country, and for good reason. Section 280E has choked margins, slowed growth,...
How Cannabis Moves Around the World: Inside the Global Supply Chain
Global cannabis trade is well underway as legalized countries move forward to establish a supply chain infrastructure in a newly formed and rapidly evolving industry. At the forefront of transportation logistics is Cannabilog, an Israeli company led by pharmaceutical...
Why America Needs a National Medical Cannabis Program, Now
The cannabis industry’s fragmented foundation is creating a host of problems tied to the lack of federal legalization. Many experts believe that without a national medical cannabis framework, the future of cannabis as a medicine in America could leave patients...
Why You Should Consider Medical-Grade Dry-Herb Vapes
Switching from smoking to dry-herb vaping offers a safer way to consume while also preserving the delicate terpene and cannabinoid profiles that contribute to the entourage effect. Unlike combustion, which produces tar, carbon monoxide, and other toxic byproducts,...
Don’t Reinvent The Wheel: A Tour of ASTM Standards for Cannabis and Hemp – Part 2
In our previous article, we delved into the foundational ASTM International standards that are shaping the cannabis and hemp industries. We explored the first true universal symbol for cannabis, water activity controls, and Hazard Analysis and Critical Control Points...
S3 Collective and MCSA File Public Comment Response to Proposed Cannabis Rescheduling
S3 Collective and the Medical Cannabis Student Association (MCSA) have submitted a comprehensive public comment to the Department of Justice (DOJ) and Drug Enforcement Administration (DEA) supporting the reclassification of cannabis to Schedule III under the...
Don’t Reinvent the Wheel: A Tour of ASTM Standards for Cannabis – Part 1
In the realm of consumer safety, minimum standards form a critical safety net that allows businesses and regulators alike with necessary guidelines. From our food and medicines, railroad tracks to bicycle helmets, crayons to cribs, standards are everywhere. Knowing...
Making the Cannabis Industry SAFER for America
After nearly a decade of conversation and education on the Hill, the Senate Banking, Housing and Urban Affairs Committee finally held a markup on the Secure and Fair Regulation (SAFER) Banking Act. Previously known as the SAFE Banking Act, the “R” was included to...
Cannabis in Texas: A Look Ahead to Legalization and Beyond
A Uniquely Texas Approach to Cannabis The last few decades have seen the United States move forward state-by-state with the legalization of cannabis. Every state is charting its own unique path, and nowhere is this truer than with the state of Texas. The Lone Star...
Employee Management & Human Resources: An Often-Overlooked Part of Building a Business
Well before cannabis businesses win a license application, they need to have traditional business plans outlining how they’ll run the company. While this obviously includes things like the property, the building, products and inventory, it also includes a lot of...
Texas Takes Advantage of the 2018 Farm Bill
When Texas Governor Greg Abbott signed Senate Bill 339, also known as the Texas Compassionate Use Act, into law in 2015, many Texans expressed frustration. The purpose of the act was to allow the THC treatment of illness via prescription, opening up the state’s...