The cannabis industry is like any other business requiring people to function — those employees require payment and it must be accurate, on time, and not to mention, it is legally required. Payroll can be a stressful time for any company, and it is especially acute for those operating cannabis businesses. Payroll is just one […]
Privacy zealots and cannabis users, take note: the Massachusetts Cannabis Control Commission (CCC) has drafted and voted on regulations for cannabis delivery and would require delivery drivers to wear body cameras at any time they are outside their delivery vehicle to record all transactions. Massachusetts has some of the strictest regulations on cannabis sales in […]
Now here’s an example of highly diversified, albeit on a global scale: Canopy Growth, a Canadian cannabis, hemp and device company recently received a license from the United Kingdom that will allow Spectrum Therapeutics, the company’s pharmaceutical division, to import bulk medical marijuana products into the country.The monumental license is the first issued by the […]
Convenient timing, or savvy political maneuvering? A federal court indictment filed in New York charged two businessmen — Lev Parnas and Igor Fruman — linked to President Trump’s personal attorney (and former New York City Mayor) Rudy Giuliani. The indictment prompted Nevada Governor Steve Sisolak to announce the very next day the creation of a […]
Uruguay’s support for the cannabis industry means the country is at the front of a growing global cannabis marketplace. The country is pushing to develop highly qualified skill sets and is proactively nudging its way into the legal cannabis market. In a groundbreaking export, Fotmer Life Sciences recently sent the first small (22 lb) but […]
In a strange turn of events, it has become more and more attractive — price-wise — to buy cannabis on the black market in Canada. According to new data released from Statistics Canada, the average price gap between regulated and illegal marijuana widened in the quarter that ended in September. Numbers Don’t Lie Get this: […]
The National Cannabis Industry Association (NCIA) published a whitepaper on October 1, urging Congress to deschedule cannabis and oversee it with current regulatory infrastructure. The NCIA whitepaper provides guidance to the federal government on how to regulate cannabis at the federal level, discussing in-depth processes such as removing outdated regulation, establishing new rules, and breaks […]
The Secure and Fair Enforcement Banking Act, also known as the SAFE Banking Act, passed the House earlier in September by a vote of 321 to 103. This is one step closer to allowing the cannabis industry, which is legal in some states but illegal federally, access to banking and financial services — a big […]
With recreational marijuana only legal in 11 states, and no federal testing regulations in place, let’s face it; there’s ample opportunity for a flourishing black market. The recent health scare related to vaping is proof positive. Health officials report that the majority of vape health-related issues correlate to counterfeit marijuana products obtained from the black […]
The deluge of bad press surrounding vape products has hurt cannabis vape sales, which in 2018 was the fastest-growing segment of the marijuana industry. Shares of vaping products in California, Colorado, Nevada and Washington in the recreational marijuana markets have dropped considerably after the first vape-related death was reported in August — the recent nationwide […]
