While cannabis aficionados may be familiar with terms like indica, sativa or hybrids of the two, edibles manufacturers are increasingly marketing their products based on the effect it promotes. For instance, by using words like “uplift,” “relax” or “sleep” in big type font, while making the specific strain of the cannabis plant less prominent on […]
Lean management, otherwise known as lean thinking, is a Japanese-born concept that refers to making continual, incremental improvements to the practices of any business. More and more marijuana entrepreneurs are discovering, however, that it is an especially useful tool to apply to their own companies. The concept arose in the ruins of post-World War II […]
A North Carolinian GOP lawmaker who has been staunchly opposed to marijuana legalization throughout her career is likely the largest cannabis stock holder in the US Congress. Since September 2020, Rep. Virginia Foxx made six investments in Altria Group Inc. which is the owner of Marlboro cigarettes and one of the world’s largest tobacco companies. […]
Amazon has scrapped its policy of testing its drivers for cannabis use, as the world’s largest retailer gears up for the holiday season amid a shortage of delivery drivers. A few months ago, Amazon pledged to stop testing prospective employees in the US for marijuana use as part of a statement in support of a […]
The United Food and Commercial Workers (UFCW) union now represents more than 10,000 cannabis workers across the US, having started organizing in the industry more than a decade ago in southern California. One such worker, Zachary Casciato, said unionizing helps to legitimize the marijuana industry in the face of ongoing hostility. “There’s a lot of […]
California lawmakers approved $100 million in grant funding to help legal cannabis businesses transition from provisional licenses to annual ones, in a move aimed at stemming the state’s thriving illicit marijuana market. More than 80 percent of California’s legal marijuana businesses currently operate with provisional licenses under a process described as “expensive, time-consuming and difficult” […]
Commercial agriculture can be a regulatory minefield for farmers, all the more so when it concerns cannabis cultivation given its recently legalized status in many states and the heavy scrutiny the plant is subjected to. Marijuana cultivators in states that have recently legalized cannabis, at least, have the benefit of learning from the mistakes of […]
As marijuana legalization continues to spread across the US, there’s no shortage of entrepreneurs out there looking to get a foothold in the lucrative cannabis industry. But for those without the necessary start-up capital, obtaining a bank loan to turn a vision into reality remains a big hurdle. That’s because while more and more states […]
Technological advances in agriculture are quickly finding their way into the commercial cannabis grow space, as more and more cultivators adopt new equipment to help monitor and care for their plants. Examples include sensors that optimize lighting and moisture levels, new pesticide products without harmful chemicals, as well as climate control systems that set a […]
Environmental and social responsibility shouldn’t be an afterthought for marijuana businesses, but rather a core part of their operations if they want to ensure long-term profitability. At least, that’s the take of Marc Ross and Kim Napoli, two attorneys with Vicente Sederberg’s new environmental, social and corporate governance (ESG) focused law firm, which is based […]
