Marijuana Business Magazine January 2020

Marijuana Business Magazine | January 2020 112 Notable Quotes | Insightful Industry Observations – Jade Green CEO of Seattle-based CannaMLS, an online marketplace for buying and selling marijuana licenses, businesses and real estate, on the growing trend of marijuana business licenses being tied to a building or land as more entrepreneurs turn to the secondary market to acquire cannabis permits. I don’t think anybody is out to try and screw over the American hemp farmer, but this new set of rules is going to make it a little bit more challenging for farmers to be in compliance. Source: Hemp Industry Daily You definitely need a healthy number of labs, but you don’t need a really big number. California is still in the process of finding that healthy balance between what makes a good lab versus what’s easy for the regulators to oversee. – Swetha Kaul Chief scientific officer at Santa Ana, California- based Cannalysis, on the prospect of consolidation of marijuana testing labs in the state. Source: Marijuana Business Daily Source: Marijuana Business Daily The real estate component has become a major factor in the license application. States want to have properly zoned facilities before they award licenses. – Mike Leago Founder of Denver-based International Hemp Exchange and chief operating officer of High Grade Hemp Seed, on the potential ramifications of the interim federal rules for hemp production set by the U.S. Department of Agriculture.