Back Office Bungle – Handling the afterthought of cannabis
Cannabis businesses, despite the obvious regulatory and financial hurdles, should be run in the same manner as any other business. The CEO of Coca-Cola doesn’t make business decisions without knowing the opportunities, risks, and rewards. Cannabis businesses should strive to operate in the same way. Whether a cannabis business is in the startup phase or…
ID Scanning For Dispensaries: Best Practices For Compliance
As of 2022 there are no federal guidelines on identity verification for cannabis purchase – only confusing, and sometimes contradictory standards at the state level. Fines and penalties for selling to minors can be scary, especially with nebulous guidelines. In this session, ID scanning expert Kenny Peddicord will break down the regulations and recommendations by…
Cannabis Packaging: Humble beginnings to Global CPG
The rapid commercialization and acceptance of cannabis has given growers of cannabis access to the techniques and products used by their most admired cultivars. With more options available than ever for curing, storing, and packaging cannabis, this session will arm the audience with a broad knowledge of the techniques the most advanced cultivation operations are…
Cannabis IT Do’s and Don’ts
Technology is a key part to setting up, operating, and securing any successful cannabis business. Every cannabis business needs software, a surveillance system, networking, barcode scanners, and more. Not to mention traditional IT stuff like PCs and office printers, or more cutting-edge tech like self-service kiosks and RFID scanners! If you’re a new cannabis business…
There’s So Much Cash! Best Practices for Securing, Automating and Managing Your Cash Handling
Industrywide, it’s estimated that between 95 and 99% of all cannabis-related transactions are carried out in cash. There isn’t one reason why this is the case, rather it’s a trifecta of causes – legal, financial, and social. Until all three of those are relaxed, cash volumes will continue to pour into the cannabis space. This…
How to Win in the Extraction Market Through Automation
Traditionally, producing solvent-based cannabis concentrates was often a messy, potentially dangerous affair that was difficult to create consistent products run after run. Production usually required an “extraction artist” who could manage the intracrite process honed through years of training. Thanks to increased standardization and automation, those days are history. Extraction expert and entrepreneur Kyler Buck…
Harold and Kumar’s Guide to Showing Up in Local Searches
Dispensaries rely on local customers, so showing up high in local searches on Google is the key to attracting new business. COVID has changed consumer behavior at a fundamental level, and Google has rolled out multiple updates over the last few years. It is important to understand how Google decides what to show in local…
5 Keys to Raising Capital in Cannabis CBD Hemp
Cannabis is an expensive industry to break into, so learning how to raise capital is key. Perception of businesses professionalism matters, especially in the cannabis industry. During this session we will learn the basics of lender and investor preparedness. Because your preparedness when 1st approaching and connecting with the capital markets will directly affect how…
Refining the Extraction Process with On-site Testing
In the rapidly evolving world of cannabis extraction, there exists a wide spectrum of philosophies on ideal methods and best practices. Without access to accurate and affordable analytical tools, extraction specialists had limited opportunity to make data-driven conclusions real-time. Process-tracking practices with on-site analytical technology can provide invaluable data to cannabis extractors, helping them optimize…
Entering Illinois: Cannabis Trends for New Licensees
As the Midwest becomes one of the fast-growing regions for cannabis sales, Illinois is poised to become its star state. Madeline Scanlon, Cannabis Insights Analyst for Brightfield Group, a leading cannabis market and consumer research firm, breaks down Illinois’ market forecast, its consumers and their purchasing power, plus a products dissection, including popular strains available…