How to Develop Smooth Point-Of-Sale for Hemp Retail Operations
Buying a point-of-sale system for a cannabis store is no small endeavor. Many factors come into play. However, the decision-making process can be made more accessible by following some general guidelines. A cannabis retailer should choose a POS system with features that support their business model, operations, and brand, according to cannabis retail designers, consultants, […]
Cannabis Based Beverages, Idea for Market Revolution!
Cannabis beverages have arrived, but where are the consumers? Canadian investment firm Canaccord Genuity estimates THC-infused beverages will be a $340 million market by 2022; by comparison, their alcohol counterparts raked in $346 billion in 2021. Cannabis beverage makers need to understand the gaps and how to bridge them to even approach the same market share levels. […]
Cannabis Activist Firm on Incremental Steps is the Most Likely Path to Federal Reform
While not impossible, comprehensive marijuana reform that includes federal legalization of the plant in the form of one bill would be a politically heavy lift in today’s divisive Congress. So it’s essential to focus on the most politically palatable and plausible ways to make progress, said Saphira Galoob, principal and CEO of The Liaison Group, […]
Cannabis Stakeholder Tilray Ready to Acquire Hexo Lifeline via $211 Million debt purchase
New York-based Tilray Brands said Thursday it plans to acquire up to $211 million (267.5 million Canadian dollars) in outstanding senior secured notes issued by Hexo Corp., effectively throwing its troubled rival a lifeline and striking an alliance with the Quebec cannabis producer. Under the terms of the proposed deal, the notes would be amended to permit […]
Guide to Use Delta-8 THC in Ohio
After passing the farm bill 2018, a wave of transition started in the United States with the legalization of hemp-derived products. The product took off in popularity. Statistic data shows an increase in demand for Delta 8, followed by sales that increased by 144% in the United States from April 2020 to April 2021. Nevertheless, […]
7 Potential health Benefits of CBD for Senior’s
In the last few years, CBD has sparked a massive shift in the health and wellness communities as people everywhere are finding natural relief for their health conditions. Based on the findings from multiple research studies, CBD can provide natural relief for over fifty conditions, including Arthritis, multiple sclerosis (MS), epilepsy, numerous stress-related disorders, and more. While […]
California localities Offers Tax Relief for Marijuana Companies Due to Lack of State Action
Since state lawmakers have been slow to lower marijuana taxes, local governments throughout California are scrambling to grant tax relief to cannabis businesses. The tax rollbacks by cities and counties mainly reflect lobbying from industry organizations, residents, and businesses. They argue that taxation at all levels of the supply chain is simultaneously choking cannabis companies’ […]
Two Years Marijuana Program Offered for New York Hemp Farmers
Some New York hemp farmers will be licensed to grow marijuana for two years under a bill signed by Gov. Kathy Hochul this week. State officials say they are setting up a conditional marijuana licensing program for hemp growers to ensure there will be sufficient supplies for the state’s recreational market. New York legalized recreational […]
Canada’s Cannabis Legalization Evaluation Derailed, As Stakeholders Hopes for Reforms
More than three years after Canada legalized and regulated recreational cannabis, the country’s legalization law is overdue for a checkup. A mandatory review of the 2018 legislation that was supposed to have begun months ago has not been formally launched, MJBizDaily has learned. The Cannabis Act includes a provision for a review starting three years after the law […]