News

Read up on the latest news and recent information regarding cannabinoid-based medicine.

As Mastercard Exits Cannabis, There’s a Cash Opportunity

As Mastercard Exits Cannabis, There’s a Cash Opportunity

Late last month, Mastercard decided to halt their debit card transactions with cannabis dispensaries, notifying financial institutions and payment processors to stop processing purchases. This isn’t the first digital payment solution to swiftly exit the industry...

The CBD Regulatory Environment in Europe: Part 1

The CBD Regulatory Environment in Europe: Part 1

This is Part One of a four-part series discussing European cannabis regulations. Part One serves as an introduction. Part Two, coming next week, will analyze the differences between the UK, the EU and the US. Stay tuned for more. As I walk through any European...

Alternatives to Bankruptcy for Cannabis Companies: Part 1

Alternatives to Bankruptcy for Cannabis Companies: Part 1

The problems facing the cannabis industry arising from its ongoing status as a federally illegal enterprise are numerous and well documented: 280E tax burdens, limited access to banking, exclusion from capital markets, uneven access to federal intellectual property...

Safety & Compliance in the Absence of Regulatory Clarity & Consistency

Safety & Compliance in the Absence of Regulatory Clarity & Consistency

As the legal landscape surrounding cannabis continues to evolve, the creation of robust, sensible and consistent safety regulations remains stalled. A patchwork of broadly inconsistent state rules and regulations, along with years of federal inaction and policy...

2023 Cannabis Supply Chain Virtual Conference

2023 Cannabis Supply Chain Virtual Conference Click here to watch the recording Agenda Cannabis Packaging Solutions: Navigating Regulations, Quality & Environmental Impact Jack Grover, Founder & CEO, Grove Bags In the cannabis industry, packaging regulations...

Five Ingredients for a Successful Cannabis License Application

Five Ingredients for a Successful Cannabis License Application

In the rapidly evolving cannabis industry, in both new and emerging markets, securing a cannabis license is an essential step to establishing a successful business. However, navigating the application process can be complex, challenging and highly competitive. To help...

California’s Social Equity Fee Waiver – Late Is Better Than Never

California’s Social Equity Fee Waiver – Late Is Better Than Never

In a move that Old Guard California Cannabis viewed with bittersweet appreciation, the Department of Cannabis Control on January 1, 2022 announced it would waive license fees for those cannabis companies impacted by the War on Cannabis. Many pre-2017 operators...

FDA, FTC Issue Warnings to Delta 8 Copycat Cannabis Companies

FDA, FTC Issue Warnings to Delta 8 Copycat Cannabis Companies

Last week, the U.S. Food and Drug Administration (FDA) and the Federal Trade Commission (FTC) sent out warning letters to six different companies for selling copycat food products that contain Delta-8 THC. In a press release published on July 5, the FDA and FTC said...

Cannabis Supply Chain Virtual Conference

The post Cannabis Supply Chain Virtual Conference appeared first on Cannabis Industry Journal. Read Full Article at: Cannabis Industry Cannabis Supply Chain Virtual Conference

The Distressed Cannabis Business: An Alternative to Bankruptcy

Bankruptcy is Not an Option Bankruptcy courts do not provide protection to cannabis and cannabis-related businesses.Bankruptcy can be a very helpful tool for a distressed business. Bankruptcy allows a business to stop collection actions, discharge certain debts,...

Minnesota Legalizes Adult Use Cannabis: Part 2

Minnesota Legalizes Adult Use Cannabis: Part 2

In Part 1, we examined the current status of adult use cannabis in Minnesota, paying particular attention to the licensing framework, taxation and social equity considerations. In this article, we’ll cover some important need-to-know info if you’re considering opening...

Minnesota Legalizes Adult Use Cannabis: Part 1

Minnesota Legalizes Adult Use Cannabis: Part 1

Part 1: The Current Status of Legalization Minnesota has long been known as the “Land of 10,000 Lakes” and boasts over 14,000 bodies of fresh water covering at least 10 acres. The Dakota Sioux word for water, “Minne”, appears in the word Minnesota (clear blue water)...

Desperate California Cannabis Vendors Seek Credit Protection

Desperate California Cannabis Vendors Seek Credit Protection

Cannabis companies representing 45% of California’s cannabis sales are pushing a bill that will crack down on non-paying customers. Well known operators, including Kiva, Lowell Farms, Nabis and Sunderstorm, recently formed Financial Stability for California Cannabis...

Ask the Experts: Supply Chain Risks in Hemp & Cannabis

Ask the Experts: Supply Chain Risks in Hemp & Cannabis

There are a lot of risks throughout the entire supply chain in the cannabis and hemp markets. Legal and regulatory issues, quality control reliability, security problems, product safety, potency, and constantly changing supply and demand are just a few major risks...

The Hot Debate Embroiling New York’s Potency Tax

The Hot Debate Embroiling New York’s Potency Tax

On March 31, 2021, New York legalized adult-use cannabis with the passage of the Marijuana Regulation & Taxation Act (MRTA). Perhaps the most controversial portion of the Act was Section 493(1)-(3), which established taxes on the potency of cannabis products sold...

Rise of the Machines: The Case for Automation in the Cannabis Industry

Rise of the Machines: The Case for Automation in the Cannabis Industry

The Case for Automation in the Cannabis Industry History has shown that if companies fail to innovate when new technology emerges, even household name brands with enormous market share can squander their success if they are blind to anything that could ever unseat...

New Jersey Market Grows, Regulators Make Licensing Progress

New Jersey Market Grows, Regulators Make Licensing Progress

2023 has so far been a productive year for the New Jersey Cannabis Regulatory Commission (CRC), the government body tasked with overseeing the state’s medical and adult use cannabis markets. The licensing process since New Jersey first launched its adult use cannabis...