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Why Cannabis Testing and Labeling Standardization Is Long Overdue

September 3, 2024
Steven Schain
Compliance and Regulations, Lab Testing, Packaging, Standards and Certification
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By Steven Schain Imagine if beer’s testing and labeling requirements differed in every state in which the beverage is sold. While legal in 38 states, each cannabis jurisdiction has its own, and often conflicting, testing and labeling laws. Thus, unlike…

California’s legal weed system is broken, while Michigan’s is thriving. What gives?

In this small town in the rural palm of Michigan’s mitt-shaped peninsula, a 250,000-square-foot warehouse produces 300,000 cannabis vape cartridges per month. Wide doors lead off long hallways into brightly lighted grow rooms with rows of fragrant weed plants at…

How independently run cannabis producers can get their products front and center into new retail stores

By Nicolas Guarino The landscape for licensed adult-use cannabis markets across the United States is constantly shifting, with rocky highs and lows as markets navigate and overcome a range of issues in real time. For instance, New York initially had…

Is Selling to An ESOP Beneficial For All Types of Cannabis Businesses or Just Some?

August 27, 2024
Darren Gleeman
Banking, Finance & Real Estate, News & Insights
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By: Darren Gleeman, Managing Partner of MBO Ventures An Employee Stock Ownership Plan (ESOP) is ultimately a way for business owners to sell their company. Typically, there are three options for selling a business: to a private equity firm, to…

Customer Lifetime Value

How Cannabis Brands Can Increase Customer Lifetime Value

In the highly competitive cannabis industry, retaining customers is far more cost-effective than acquiring new ones. Yet, many cannabis brands focus heavily on customer acquisition, often at the expense of customer retention. While this approach might bring in new customers,…

Engaging in Activities that Violate Federal Law? DOJ Scrutiny of PPP Loan Recipients Turns to Ancillary Companies Supporting the Cannabis Industry

By: Bryna Dahlin, Mark J. Silberman, Ryan J. Levitt, Meghan Golden, Benesch Friedlander Coplan & Aronoff LLP Since its inception, the cannabis industry has always existed alongside significant regulatory and compliance challenges. These largely stem from the fact that the manufacture, distribution and possession of…

About That ‘Cannabis Causes Head and Neck Cancer’ Study

The news that a just-released study has revealed a connection between daily cannabis use and head and neck cancers was so irresistible that pretty much every media outlet whether cannabis-related or not was literally compelled to run with it, just…

Americans’ Views of Marijuana Effects Worsen

However, U.S. adults view marijuana as less harmful to users than tobacco, nicotine and alcohol WASHINGTON, D.C. -- Americans’ views of the effects of marijuana have worsened over the past two years, as slim majorities now say it negatively impacts…

Out-of-state applicants swarm Minnesota’s early cannabis license window

Those chosen among the 1,800 pre-applications will have a head start when Minnesota issues licenses, likely next year. More than half of the early social equity applicants vying to be first in line to receive Minnesota cannabis licenses live in…

2024 Q2 Earnings Reports Roundup

The following is a partial listing of recently released 2024 Q2 earnings reports by cannabis-related publicly traded companies, sorted according to market cap at the time of posting. Highlights of the reports are provided below. Please follow the links for…

Ispire, Hidden Hills Club Strike Deal to Fortify the Future

In a landmark agreement, Ispire Technology Inc. (NASDAQ: ISPR) announced last week that it has entered into an exclusive 30-year agreement with U.S.-based Hidden Hills Club to “globally manufacture, distribute and commercialize Hidden Hills' branded nicotine products such as reduced-risk…

Can a Weed Hustler Go Legit?

A trip through the wild, winding world of New York City’s legal (and not-so-legal) cannabis market MY INITIATION INTO the cannabis trade began in a middle school bathroom. Dime bags led to ounces, which led to pounds, and in my early…

Cannabis could help people cut down or stop opioid use, research shows

USC study finds cannabis can help manage withdrawal symptoms, as well as cravings and anxiety after withdrawal New research from the University of Southern California shows that cannabis might help some people stop or cut down on their opioid use. “We interviewed…

Catching Up With Kyle Kushman

I had not spoken with Kyle Kushman in over 50 cannabis years, or about eight years in normal time, and then a week or so ago I was pitched a story on Kyle out of the blue. But I didn’t…

Daily marijuana use linked to increased risk of deadly head and neck cancers, study finds

Using marijuana daily for years may raise the overall risk of head and neck cancers by 3.5% to 5%, according to a new study that analyzed millions of medical records. “Our research shows that people who use cannabis, particularly those with a cannabis…