Cannabis is big business. As legislation around cannabis begins to loosen, the economic impact begins to grow – and the use of medical marijuana, CBD, and hemp is no longer a hush-hush dirty little secret. It is a publicly recognized business that is projected to be a $22 billion industry by 2022. And while it’s fantastic that multitudes of products…
Read MoreWhether you’ve used cannabis for a while or new to the game, chances are you know and have dealt with weed stigma. It might have come from a family member, friend, boss or even just the public in general. It can be frustrating to deal with judgment from those around you when you know the effects of this natural plant.…
Read MoreThe most awful days of the vaping dilemma are likely behind the state-legal cannabis market, however many MJ firms are looking to innovate and enhance cannabis consumer confidence and combat the sales dip of vape cartridges from the recent wellness scare. Instances of tech-based services available to marijuana firms consist of: Supplying certificates of evaluation (COA), consisting of extensive screening…
Read MoreCannabis stocks have been all over the proverbial map since their introduction in the market in 2018. At first, the buzz was unavoidable and hopes were high for great things to happen, more specifically in the soon-to-be legal Canadian cannabis market and with state by state buzz in the United States. Then in 2019, due to small and unpredictable global cannabis…
Read MoreSince the passing of the 2018 Farm Bill, finally removing hemp-derived products from their schedule 1 status under the Controlled Substances Act, and with more-and-more states following the likes of Colorado, Vermont, and California by legalizing cannabis for medicinal and/or recreational consumption, hemp and cannabis farmers across the country are becoming increasingly more frustrated by cross-contamination, or “pollen drift”. The…
Read MoreThe cannabis industry is creating thousands of jobs each year. There are opportunities for direct sales, on-the-road careers, and cannabis farm jobs, just to name a few. This influx of new cannabis seasonal jobs is often called the Green Revolution and we expect it to grow as time goes on and legislation continues in favor of the industry. What kind…
Read MoreOnce cannabis was legalized, the industry exploded. Everyone had been busy making plans while they waited for legalization and then took off running once it was legal. So, after all of the initial hiring and hype, why are there suddenly so many cannabis industry layoffs? Just like the road to legalization, it is a tangled web to unravel when it…
Read MorePlants have them. A few insects have them, too. But how much do we really know about the molecules that give cannabis its distinct aroma, enhance your experience, and boast newfound medicinal benefits to boot? With legalization conversations sweeping across the nation, there’s been a lot of fuss around cannabis derived terpenes. Further, since the passage of the 2018 Farm Bill,…
Read MoreWhen setting up and running a business, some expenses are obvious. Space, supplies, and packaging are all necessary. Other expenses are not as obvious; here are some examples and how to plan for them may keep unexpected expenses for cannabis business from shuttering an entire operation. Unexpected Expense: Employees As business grows, it will become evident that extra workers are…
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