The standards organization AOAC International has named Dr. Katerina (Kate) Mastovska as their new deputy executive director and chief science officer.
The cannabis industry is unique, but the basics of running a business well enough for success still apply. Investors want to see companies with solid management, good community outreach and serious plans for growth.
As a business owner, insurance is always a must. If you are interested in entering into the cannabis industry or you already have, it’s important to know what to expect when it comes to insuring your cannabis-related business.
Traditionally, compliance is viewed as a cost center, but in reality, it’s a revenue protection center. As the old saying goes; “an ounce of prevention is worth more than a pound of cure.” Compliance is that prevention.
As the cannabis industry continues to evolve, recent market challenges have created an environment that is more difficult for industry leaders to navigate. To find success in today’s marketplace, company leaders need to adopt a robust, data-driven approach to combat the influx of rising brands, emerging markets and pricing challenges, among other obstacles.
On January 10, 2023, seven dispensaries in Connecticut opened their doors to people over the age of 21, opening up the state’s new adult use cannabis market. The state legalized adult use cannabis back in June of 2021.
In this piece, we share some thoughts on progress made in 2022 and what’s in store for the year ahead. This includes a breakdown of legislation on the federal and state levels, a discussion of scheduling, Biden’s efforts and more.
In this six-part series of articles, the folks from AEssenseGrows introduce the 3-legged stool of successful cannabis cultivation: climate, cultivation & genetics. Parts 1, 2, 3, 4 and 5 covered environmental controls, water quality, critical housing requirements, integrated pest management and genetics, respectively. In Part 6, the final chapter, we cover consistency and repeatability through Standard Operating Procedures (SOPs).
In this interview, we sit down with the founders of Remedy Maryland, a cannabis retail business operating since 2017. They share their growth strategy and unique business model taking after companies like Nordstrom, seeking to bring the department store concept to the cannabis market.
As with any investment, VCs benefit from researching the company and market they are planning to invest in. In addition to making sure they have a thorough understanding of the business model and its value proposition, investors should also familiarize themselves with the company’s management team to make sure that they are knowledgeable and experienced in both running a company and the cannabis industry.
