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Getting a Head Start
Federal marijuana reform still might be several years away, but experts say it’s not too early to prepare for that day. Executives who entered the sector from other industries say…
News July 1
Entrepreneurs hoping to capitalize on hemp textiles face obstacles
In the United States, hemp spinning technology is nearly nonexistent because growing hemp commercially has been illegal for decades.
News July 1
Four tips to help marijuana companies prepare for federal legalization
Major League Baseball announced in December that it had removed cannabis from its list of banned substances, permitting active players to use hemp-derived CBD products. In February, NFL team owners…
News July 1
Marijuana companies shut out from Chapter 11 protection have other options
Marijuana companies have been relatively fortunate during the COVID-19 pandemic, with many deemed essential businesses able to keep their doors open. But with the nation’s economy facing a major downturn,…
News July 1
Branding and marketing cannabis in a recession
When the economy nosedives and consumers slash their spending, a sage marketing strategy can help maintain existing customers, expand target audiences or even result in a complete makeover.
News July 1
Hemp companies in financial trouble now have option to seek bankruptcy protection – but there are alternatives to try first
Hemp companies have experienced a perfect storm of obstacles since legalization in late 2018 - an uncertain regulatory environment, overproduction in 2019, ongoing challenges with access to banking and financial…
News July 1
Maine edges closer to starting $300 million adult-use cannabis market, though opt-outs and license caps linger
Maine is inching toward launching a projected $300 million-a-year recreational marijuana market perhaps by the fall, nearly four years after residents voted to legalize adult use. Former Gov. Paul LePage,…
News July 1
California cannabis market a challenge, but it’s not all doom and gloom
Experts agree the California recreational marijuana market is extremely challenging because of high tax rates, huge illicit production and consumption as well as an uncertain economy amid the coronavirus pandemic.…
News June 30
Marijuana edibles maker Dixie Brands changing name to avoid causing ‘pain’
Denver-based marijuana edibles producer Dixie Brands said it will change its name in a move to separate itself from the historic context of the word “Dixie” and to “stand shoulder…
News June 30
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