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Showing posts from November, 2022

D.C. Lawmakers Advance Business-Friendly Bill for the Capital

WASHINGTON, D.C. – Lawmakers in the capital are moving forward with a revised medical marijuana bill poised to make significant business-friendly changes to local regulations, including tax deductions. “Rather than make technical and minor changes to the bill as introduced, the Committee Print [revised bill] takes a more holistic approach by making it easier for patients to access medical cannabis, removing unnecessary caps and restrictions on the number of licenses, and prioritizing equity for new licenses, among many other amendments to the statute. In the Committee’s view, these changes are necessary to provide relief to patients, business owners, and people from marginalized communities who have been previously excluded from the medical cannabis market.” The District Council’s Committee on Business and Economic Development approved the Medical Cannabis Amendment Act Tuesday, which would codify self-certification to become a medical marijuana patient for anyone 21 years and olde...

Grow Up Conference Announces First Alberta Show for 2023

EDMONTON, Alberta — Canada’s widely respected Grow Up Conference and Expo announces its cross-country expansion with the inaugural Alberta conference, held in Edmonton from May 28-30, 2023, at the Edmonton Convention Centre. Awarded the best cannabis conference of 2021 by High! Canada magazine, Grow Up attracts top industry experts, businesses, and professionals, creating a hub of cannabis culture in key regions across Canada. “After countless requests from the industry, we are thrilled to bring the Grow Up Conference and Expo to Edmonton for the first time. With rich cannabis history and culture, Alberta is a natural hub to host top experts to gather, learn, network and discuss how the industry moves forward,” says Randy Rowe, President, Grow Up Cannabis Conference & Expo. “With internationally renowned speakers, an all new Brand and Buyers zone, innovative workshops, expert panels, interactive demonstrations, and key networking opportunities, it will be valuable programming fo...

14 Influential Cannabis Retail Executives

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We’ll go out on a limb and say since the recreational era began in the United States, the most visible leap forward in terms of professionalization has been in dispensaries. In less than a decade, the average pot shop has transformed from a pungent, utilitarian space with mason jars on the counter and chalkboard menus to bright, open-plan, high-street boutiques with attentive staff, carefully curated menus, and loyalty programs . It’s these dispensaries—even more so than evolving product brands—that have done the heavy lifting of enticing more and more Americans to disregard whatever Reefer Madness remnants remain and investigate how the plant may work for them. With lingering stigma continuing to act as a roadblock in newer markets, retailers arguably play the most important role in expanding the total addressable market for the entire industry. Retail is where consumers interact with industry insiders directly and frequently, and the quality of this interaction, particularly the i...

10 Cultivation Techniques to Increase Yield

When it comes to agriculture, achieving a robust yield is always one of the main goals. For cannabis, it’s even more crucial. The plant has become the sixth most valuable commercial crop in the country, with an annual wholesale value of $5 billion . With this in mind, growers are always seeking ways to optimize or boost production . There are plenty of tried and true methods, as well as cutting-edge techniques that can help improve crop health and protect profits. We spoke with cultivators across the country to discover the ten most useful tips to increase yields. Automation and environmental controls Cannabis is a fickle plant. In order to thrive, it must be grown in just the right conditions. Leaning into automation technology can benefit cultivators across the board by ensuring the environment is always perfect for the cultivars within. Kurt Kinneman, a hemp grower and horticultural engineer at AI Grow , says automation is key to both improving plant health and mitigating issu...

Is Party Sponsorship a Viable Path to B2B Brand Awareness?

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It’s no secret that trade shows extend far beyond the speaker stages and expo halls. Ask the majority of professionals where the real deals get done, and the vast majority will say the after-hours affairs are what really matter. After-parties, cocktail hours, and networking events are the crux of the conference circuit. Often, an after-party yields more anticipation than the show itself. During MJBizCon 2022, the largest annual trade show for cannabis professionals in the United States, there were no less than 50 offsite gatherings. Some catered to niche groups such as C-suite executives, cultivators, or marketers, while others offered a certain vibe meant to attract like-minded individuals who wanted to celebrate and connect. Despite the differences that exist between these events, one thing is for sure: They likely would not happen if not for the sponsors. Trade show event sponsorship provides companies the opportunity to generate awareness and deal flow in a unique manner. Pack...

Dopex

Dopex ®️ was founded in 2022 by ICCPP, a top atomization solution provider and manufacturer. Ever since its inception, as its paramount strategy, Dopex positions itself as a niche market leader by dedicating to innovative and advanced vaping solutions for cannabis connoisseurs. Dopex’s innovation capability is testified by its more than 1,000 patents registered globally. A significant amount of investment in research and development every year leads Dopex continually to revolutionize how cannabis botanic essences are efficiently consumed. Human health and quality of life are being improved. Dopex leverages its experience and technology know-how to create reliable and configurable product solutions that meet or exceed customer expectations in performance, quality, and reliability. The company offers customers innovative solutions and first-class services for the improvement of human health and quality of life. We are there for serving our customers all over the world, and we are thri...

PermaTherm’s New PDQ Program is Built to be Setback-Proof

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The ability to capitalize on new opportunities in emerging markets requires timing and speed, two critical aspects of the industry’s supply chain still mired in post-pandemic shortages. For new license recipients, scaling businesses, investors, and general contractors who simply cannot wait for the insulated metal panels required to complete time-sensitive controlled environment building projects, finding the materials they need could make the difference between getting into a proper facility on time or committing to a less-than-ideal build with a long list of problematic issues to address down the line. I nsulated metal panel company PermaTherm recognized the difficulty contractors, installers, and business owners have faced sourcing materials in 2022. And with more than three decades of experience in controlled environment agriculture, cold storage , and cannabis facility design and buildout, they have the technological and logistical expertise needed to offer viable solutions...

Refining the B2B Sales Process

While recession looms over the remaining months of 2022, publicly-traded multistate operators (MSOs) have watched their stock prices plummet, endured diminishing capital investment , and contemplated survival strategies in a high-risk business sector with little margin for error. Optimizing the business-to-business (B2B) sales process can drive necessary revenue and help companies stay profitable through difficult times. The B2B sales process is a series of events that take place when one business sells a product or service to another business. When businesses are successful in refining their B2B sales process they produce more sales, create more revenue, and stand a better chance of surviving turbulent economic conditions. The cannabis industry’s biggest companies are making wholesaling a priority , and B2B sales have the potential to secure a successful future for a variety of brands looking for a permanent spot in the market. A sales team that is skilled at understanding data, pre...

Luna Technologies Customer Survey Shows Cannabis Processors Focused on Automation and Quality

PORTLAND, Ore. — Luna Technologies , a Portland-based manufacturer of extraction equipment for the cannabis industry, surveyed its customer base on the status of the cannabis extraction market in North America. Ninety percent of those surveyed believe automating the extraction process is critical to freeing up labor resources required to conduct higher-level business activities necessary to win in fragmented markets. The data also shows that automation is helping customers produce better quality products. Of those with previous experience extracting cannabis, nearly three-fourths of those surveyed said that the quality of extracts Luna machines produced was of the highest quality, ranking five out of five on a scale of one (poor) to five (excellent). This highlights how automation can help these producers create consistent, quality products every time. Furthermore, customers noted in the survey that adjusting the extraction process through the introduction of new equipment and proces...

New Release, High Potency CBD Gummy from Sunsoil

BURLINGTON, Vt. – Sunsoil , a certified organic hemp farm and CBD brand based in Vermont, announced today the release of their organic CBD gummy product line. Sunsoil’s gummy is the 1st organic certified CBD gummy from a nationally distributed brand. As the fourth-largest CBD brand in the U.S. (retail sales), Sunsoil is ready to serve the fast-growing CBD gummies segment, which is projected to grow to $14B by 2028. Sunsoil’s gummies are “green, lean and mean” … Green: USDA certified organic and made with Sunsoil’s whole-plant infused hemp extract—giving the gummies a natural, green color (the color of hemp). Lean: Just 2 grams of sugar per serving (no artificial sweeteners or sugar alcohols), compared to 4-6 grams in the current best-selling CBD gummies Mean: Twice the potency. Each gummy contains 20 mg of full-spectrum CBD, compared to 5-10 mg of CBD in current best-selling gummies The gummies—which are also vegan and gluten free—will debut in Cinnamon, with other flavors to fol...