No marijuana business expects to run into a tough situation, but it’s a good idea to have a plan in place in case trouble arises. So, we spoke with experts about the importance of crisis communications planning and strategies.Read More
Cannabis companies that want to go beyond THC and CBD content can focus on a part of the plant that’s increasingly front-of-mind for consumers: terpenes.
These plant-based chemicals are the molecules in marijuana that give the plant its smell, taste and, some argue, added effects beyond just getting users high.Read More
Ohio’s medical marijuana regulators ruled that over-the-counter CBD sales in the state are illegal, despite the products’ widespread availability in grocery and health stores.Read More
CBD manufacturer Charlotte’s Web increased its initial public offering in Canada by more than 50% – pricing its shares at 7 Canadian dollars ($5.39).Read More
In new cannabis markets where compliance, scarce supply or testing logjams can delay cultivation and retail operations, it’s critical to retain talent during slowdowns and shutdowns.
Delays that bogged down the launch of cannabis sales in Alaska, Hawaii and Pennsylvania don’t have to be detrimental to marijuana businesses, according to industry insidersRead More
Whether it’s shopping for groceries or cannabis, everybody loves getting a good deal.
That’s why loyalty programs – whether they come from your local grocery store or your neighborhood marijuana dispensary – are an effective way to get customers into the shop and keep them coming back.Read More
A growing number of cannabis businesses are turning to public markets in the United States and Canada as they hustle to raise the capital needed to compete in the green rush.
“These companies are really starting to see the public markets as a viable option for them to raise capital, and clearly over the past two and three years, we’ve seen the pace and number of firms going public really accelerate,” said Jason Paltrowitz, executive vice president of corporate services at OTC Markets Group, which manages trading platforms for more than 10,000 over-the-counter securities.Read More
OutCo, a cannabis cultivation, manufacturing and retail company in Southern California, marked a milestone May 7: It harvested its final crop grown under high-pressure sodium lights.
The company needed a couple of years to transition from the powerful but power-sucking HPS lights used by most commercial growers today to more expensive – but more efficient – LED lights.Read More
Marijuana businesses nationwide are finding they can reap generous rewards from giving back to their local communities.
Being a good corporate citizen can make it easier for marijuana businesses to work with regulators and local officials, stand out from competitors and attract new customers and high-quality employees, according to industry executives and experts on corporate giving.Read More
California’s booming CBD industry is in disarray after the state’s health department reaffirmed earlier this month that CBD cannot be added to food, even if it comes from hemp.Read More
It can take months for a marijuana business to gain licensing approval from regulators.
The biggest problem facing a company in such a situation is it usually must have the location nailed down before filing an application.
But paying rent on space before having a license in hand can cost a lot of money, unless steps are taken early in the process to minimize costs.Read More
Worried about the fallout from marijuana that doesn’t meet state requirements?
Simply taking preventive measures such as investments in infrastructure and increased vigilance in cultivation operations can help growers stave off costly catastrophes.Read More
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