Marijuana Business Magazine September 2018

What They’re SAYING “When a product ends up on a shelf (and) does not comply, whose fault is that? Who’s going to receive the penalty? Is it the retailer for carrying it? Is it the distributor for releasing a product that did not meet regulatory guidelines? Is it the manufacturer who made a product that didn’t meet regulatory guidelines? Or is it all of them?” – Dr. Juli Crockett , compliance director for Los Angeles-based consultancy MMLG, on some of the confusion surrounding rules in California’s newly regulated market. Source: Marijuana Business Daily Canada’s impending recreational marijuana market “officially makes the U.S. laggards in the cannabis sector. The U.S. has the capability, the knowledge and the ability to lead the world in the research, in production and sales of cannabis products and services. Instead, the stigma remains despite overwhelming support for cannabis products by the U.S. population.” – Jeanne Sullivan , partner at San Francisco-based Arcview Investment Group, on how Canada’s Oct. 17 launch of recreational marijuana sales will affect the image of the U.S. cannabis sector. Source: Marijuana Business Daily “It’s not a state like Colorado, where there are thousands of companies making these products. It’s done by the four of us, and I think we’re all executing incredibly well.” – David Lipton , managing partner and CEO of Advanced Grow Labs in West Haven, on whether Connecticut needs more cultivation companies than the current four to meet growing medical cannabis demand, as the state’s retailers have suggested Source: Marijuana Business Daily lNSlGHTFUL lNDUSTRY OBSERVATlONS 120 • Marijuana Business Magazine • September 2018