News & Insights Archives - Page 7 of 318 - Cannabis Business Executive - Cannabis and Marijuana industry news

The Cannabis Market: Not a ‘Get Rich Quick’ Scheme, But a Serious Business Industry Requiring Expertise

By Derek Ross The legalization of cannabis in many regions has transformed a once-illegal substance into a burgeoning industry, attracting investors, entrepreneurs, and enthusiasts alike. However, the initial euphoria around cannabis as a "get rich quick" opportunity has gradually given…

Minnesota

Minnesota Social Equity Verification: Key Dates Start June 21

By Aaron John, Attorney at Harris Sliwoski The Minnesota cannabis social equity initiative As Minnesota continues to develop its legal cannabis industry, the Minnesota Office of Cannabis Management (OCM) has taken significant steps to ensure that the process is inclusive and equitable.…

In Hawaii, Hope Springs Eternal Following Adult-Use Defeat

June 18, 2024
Tom Hymes
Compliance and Regulations, Hawaii, Spotlight
0 Comments

As the dust settles following the recent failure of Hawaiian state legislators to pass legislation regulating the sale of adult-use cannabis, licensed operators are once again left wondering what the future holds not just for the so-called recreational use of…

THC Beverages Make A Splash At BevNet NYC

By Pam Chmiel Functional wellness drinks, Ready-to-drink (RTD) cocktails, and THC beverages commanded the spotlight at the BevNET CPG trade show in NYC last week. Many hemp-based brands, such as Brez, Calexo, Cantrip, Recess, and Cheech and Chong's High &…

House GOP strips language aimed at protecting banks from cannabis crackdowns

House Republicans nixed text aimed at protecting banks from cannabis crackdowns from a government funding bill after blowback from fellow GOP lawmakers. The measure was included in the party’s initial version of its annual financial services and general government bill,…

The Expanding Tao of Shangri-La

June 12, 2024
Tom Hymes
Company Stories, Multiple State Operators, News & Insights, Spotlight
1 Comment

The fictional Shangri-La was a hidden valley tucked into the western end of Tibet’s Kunlun Mountains; a mystical paradise isolated from the world. For brothers Nevil and Kepal Patel, however, Shangri-La means the opposite of isolation. Instead, they are in…

Cannabis Regulators and Stakeholders Meet Again

June 10, 2024
Tom Hymes
Compliance and Regulations, Hemp Industry News, Hemp Policy & Legal, News & Insights, Spotlight
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Last week, the Cannabis Regulators Association (CANNRA) held an external stakeholders meeting in Minneapolis, Minnesota that brought the nation’s cannabis dealers (i.e. the regulators) together to commiserate with 175 "attending organizations" that represent the interests of constituencies within the cannabis…

Ethical Challenges in Medical Cannabis Licensing

June 10, 2024
Aaron Bloom
Letters to the Editor, Medical Marijuana, Op-Ed
0 Comments

By Aaron Bloom Medical cannabis has emerged as a transformative alternative treatment for a myriad of conditions, including cancer-related symptoms, epilepsy, chronic pain, and PTSD. For many patients, medical cannabis is a last resort option after traditional treatments have proven…

Colorado

Colorado’s Weed Market Is Coming Down Hard and It’s Making Other States Nervous

Businesses are shuttering or laying off workers as sales have plunged by $700 million. On Jan. 1, 2014, Iraq War veteran Sean Azzariti made headlines worldwide as the first person in the U.S. to buy legal weed. More than 10 years…

A New Angle on Cannabis Banking Protections

by Vince Sliwoski, Managing Partner of Harris Sliwoski Sometimes I’ll write about cannabis banking when I’m working on a project for a bank or credit union, but newsworthy developments on cannabis banking seldom seem to drop. Yesterday, however, we had…

California dethroned as Michigan now sells more legal weed

California politicians and pot advocates have long bragged that the state is home to the largest legal cannabis market in the world. Gov. Gavin Newsom made the claim twice in the past two months alone. But newly reported data is calling the Golden State’s weed dominance…

Cannabis M&A: Protecting Against Undisclosed Liabilities

By Griffen Thorne, Attorney at Harris Sliwoski When someone buys a cannabis business, and not just that business’s assets, they essentially inherit all of its liabilities. And there are usually a lot. If the business is in the midst of…

The State of Cannabis Business Insurance from Seed to Sale

By Michael Giusti With the cannabis market maturing in many states, the insurance industry is beginning to have access to more data upon which they can set their rates. But it’s still difficult to keep up, as there are a…

Bayou City Hemp Co. is Situated for a Fabulous Future

As we enter what could be a protracted period of hostility between the “marijuana” and hemp blocs of the cannabis industry, with federal and state governments offering a witches brew of solutions to fix or close loopholes created by the…

Navigating Media Relations in the Cannabis Industry: Tips for Effective PR

By: Michael Mejer The cannabis industry is growing rapidly and marketing leaders need to come up with unique ways to ensure their brand rises above the noise. Yet, advertising restrictions on cannabis handcuff marketing teams and often prevent brands from…