Becoming involved in the cultivation process of cannabis allows you to gain perspective that can be beneficial for your brand. The possibilities of cannabis are endless and understanding the cultivation process can be incredibly advantageous to brands who want to become involved every step of the way and build a trustworthy brand from seed to storefront.
Four years after the Farm Bill was signed into law, the FDA announced they want Congress to develop a new regulatory framework, citing their existing regulatory pathways as inappropriate for the plant and its products.
In places with off-seasons, having ups and downs is to be expected, but just like any industry, knowing what to expect and what to do can make these challenges seem like less of a hassle.
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.
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.
The 2022 Cannabis Labs Virtual Conference: December Program. Check out sessions from the December 19 event such as: Potency Inflation: The Problem, the Causes and the Solutions; The Laboratory Information Landscape in Cannabis Testing; and Cannabis Testing Regulations & Implications for Environmental Monitoring
