Prior to November 9, 2022, nineteen states, the District of Columbia, and two other U.S. territories legalized recreational marijuana in some form. As of November 9, Maryland and Missouri join the list of recreational cannabis states. Maryland citizens passed Question 4 permitting recreational cannabis in the state. It includes charging the legislature with providing guidelines […]
A company in Portland, Oregon is facing repercussions after mixing up a THC and CBD product. Consumers then purchased the CBD product and had adverse effects. An employee mixed up the two buckets containing CBD and THC products when packaging the finished goods for sale. The company also failed to test the finished products before […]
Mississippi will begin accepting marijuana applications on June 1st 2022 at 8:00am. Once the application process begins, there will be a 30-day approval time for business licensure applications. The Mississippi Department of Revenue is responsible for licensing medical dispensaries. The Department of Health is responsible for licensing medical patients, processing, testing, transportation and waste facilities. […]
Several states have mandated METRC as the state inventory tracking system. METRC is also used for state reporting. The most recent state to mandate the use of METRC is Oklahoma. Commercial licenses and dispensaries have until May 26 to make the transfer to METRC. Oklahoma will be using METRC for seed to sale tracking and […]
New Jersey approved recreational marijuana in 2020. However, the state has announced that the sale of recreational marijuana may begin on April 21, 2022. Currently, there are 7 alternative treatment centers who have approval to begin sales on this date. Of course, these 7 companies are currently operating as medical marijuana treatment centers. Of the […]
Last year, we posted information on the Arizona Social Equity program award. You can read the article here: Arizona Marijuana Social Equity Program. At the time, the Arizona Department of Health Services had limited information on when the winners would be announced. At this time, the department has insight into the event. The Arizona Social […]
Since the cannabis industry is so fresh, many aspiring marijuana business owners have no idea how to estimate projected budgets, never mind yields, and cost of goods sold. Nor are they able to estimate the amount of time it will take for the business to see green (or make a profit). The cost of goods […]
We know we have said it before. Having a seed to sale tracking system is a crucial part of any cannabis operation. However, Nevada regulators have proven how important having a good system can be. According to MJ Biz Daily, a cannabis operator in Nevada currently has a suspended license to operate after failing to […]
New York approved adult use marijuana in March 2021. Since then, the state has been actively working to implement regulations for business owners in the industry to follow. The New York Office Of Cannabis Management recently released the regulations for adult use establishments. The regulations define license types, purchase limits, age restrictions, consumer taxes, and […]
Let’s start with the basics. How are your light schedules staged? Do you use an environmental regulation system? Are you hand watering, or using an irrigation system? Have you purchasing product in bulk? Lastly, how are you tracking the costs of all this overhead and applying that cost on a “per item” basis? In short, […]
