A wise CFO once tried to explain to me how he wanted the costs associated with the cultivation and production of cannabis good recorded. He described “buckets” that the costs would essentially “go into”. Thus began my journey of researching cannabis inventory costing. What are these theoretical buckets? What costs “go into” these buckets? How […]
The New Mexico Regulations and Licensing Department Cannabis Control Division is currently accepting New Mexico cannabis license applications. Currently, there are no limits to the amount of licenses that can be approved by the department. Additionally, there are no city bans on cannabis business locations in New Mexico. The only exception to this is consumption […]
The Texas Department of Public Safety closed the Compassionate Use Licensing application period on April 28, 2022. However, the licensing period will be open again soon. We will explain throughout this article why we are confident the state will open application windows again, and how we can help you prepare for when additional licensing becomes […]
The state of Missouri will begin accepting cannabis license applications on July 27, 2023. However, the license application instructions for applying can be accessed at cannabis.mo.gov. The state will issue 48 micro-business licenses to qualifying applicants via a random lottery drawing on October 3, 2023. The amount of qualifying applicants who will apply is still […]
To begin, the state of Florida is known to have strict rules about cannabis. Currently, there are 22 license holders in the state. Additional restrictions include vertical integration. Therefore, the company must grow, manufacture, process, and sell their own products. This has proven to complicate entering the industry. However, for the right investors, the market […]
The cannabis industry is so new, that many find themselves wondering which seed to sale software to use. This includes cannabis law makers whom must appoint a track and trace software for their state to use. Many states are already operating on a variety of different software solutions and have complaints about their abilities. There […]
Several states are currently accepting Cannabis Business License Applications. We will list them below along with their respected deadlines. If you are looking at opening your own cannabis business, we are here to help! From California, to Maine, Alaska and Hawaii, we have your cannabis business needs covered from Seed to Sale. States Accepting License […]
Every state requires some form of testing to the final cannabis product. Therefore, every state requires at least one cannabis testing lab. However, the testing requirements vary depending on the legalization status of the state. For example, Arizona requires different cannabis testing than New Jersey . In addition, New Jersey cannabis testing labs must enter […]
Rhode Island legalized recreational cannabis in May of 2022. Alas, Personal use marijuana sales began December 1, 2022. However, there are only 6 licensed retailers who can sell recreational cannabis to the public. You may purchase personal use marijuana if you are over the age of 21. Additionally, you may only purchase up to 1 […]
The Arizona Department of Health Services is yet again raffling off marijuana licenses, except this time the license is for a medical cannabis dispensary. The department is calling the allocation the “2022 Nonprofit Medical Marijuana Dispensary Allocation”. The cultivation that accompanies a medical cannabis dispensary is where the business would be able to turn a […]
