Marguerite Arnold’s new book about the inside story of the German cultivation bid, “Green II: Spreading Like Kudzu,” contains surprises and inside stories you have never heard before – no matter who you are in the industry. Here is an exclusive first look excerpt.
Prospects for the New Year are expected to continue the explosive year-end trend with a backlog of nearly $2 billion in deals heading into 2021. Growth is expected to be led by multi-state operators who have achieved scale, cleaned up their balance sheets and stockpiled dry powder for roll-up acquisitions.
From the use of supercritical carbon dioxide as a solvent, to unique product offerings like live resin or isolates, there have been a lot of advancements in the field of cannabis extraction. The growth of this market segment represents the maturation, development and overall sophistication of the cannabis industry as time goes on.
While the early Prop 215 market in California barely resembles today’s industry, it’s important to remember where we came from. Namely, our understanding of the contemporary cannabis business results from everyone who came before us. As the industry progresses, we will continue to complement established best practices with the requisite innovations that come with new opportunities.
Over the long run, compliance is key to tracking the consistency and safety of products to avoid long-term liability and costs on consumers. Consumers would be wise to gravitate towards compliant brands and companies that focus on consistent quality and safety to minimize potential long-term negative impacts and costs.
This high-level overview should provide some considerations for license holders to think about as they work with advisors to make entity selection decisions or tax elections. Then we’ll take a look at some of the major advantages and disadvantages for C-corporations and S-corporations.
In November 2020, Arizona voters approved Proposition 207, ushering in a new adult use cannabis program, placing Arizona among the 13 fully-legalized cannabis states in 2021. In Arizona, the existing medical cannabis license holders will have the first opportunity to apply for and acquire an adult use license, operating as dual licensed dispensaries in the new Arizona market.
This article takes a comprehensive look at the overall importance and requirements of designing secure buildings for this high-value, at-risk industry and explores how to design them in a way that will protect not only the material assets within the building, but more importantly provide safety, security, and peace of mind to occupants.
Cannabis businesses continue to grow even though conflicting state and federal laws cause major challenges. The COVID-19 pandemic simultaneously advanced and pushed back the growth of the cannabis industry, and security and risk management remained a top priority for business owners and operators across the country. R&D on extraction moves into the spotlight as businesses seek cutting-edge techniques to increase yields, giving them a competitive advantage.
The two companies merging forms the world’s largest cannabis company worth over $3.9 billion. Tilray’s stock climbed 21% earlier this week following the announcement. Aphria shareholders will own 62% of the company.
