How Vape Manufacturers Are Striking Back Against Counterfeits

Convinced that the black market is the cause of the vaping crisis, the legal market takes matters into its own hands. September 27, 2019 5 min read Brought to you by Marijuana Business Daily Security labels, barcodes, and microchips are among the measures vaporizer manufacturers are taking to differentiate their products from counterfeit knockoffs suspected to be behind more than 800 illnesses and 12 deaths tied to the nationwide vaping crisis. Last week, California-based marijuana firm KushCo Holdings entered an exclusive distribution agreement with De La Rue, a provider of anti-counterfeiting and authentication solutions that prints more than 8 billion product authentication labels annually. The partnership will provide companies with enhanced packaging with secure visual authentication technology using 3D photopolymer images, unique serialization, e-verification, label-tracking, and data-capturing capabilities. This gives us the ability to track, the ability to authenticate and the ability to put brand recognition beyond the products,” Kovacevich said. […]

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Florida’s Medical Cannabis Industry Has Only One Truly Dominant Player

The state’s roughly half-billion-dollar market is dominated by Trulieve, which is capturing nearly half of all sales. September 26, 2019 7 min read Brought to you by MJBizDaily Florida’s medical marijuana market is often described by industry watchers as an oligopoly – dominated by a few vertically integrated operators. But it isn’t. The reality is that the roughly half-billion-dollar market is dominated by one player – Florida-based Trulieve, which is capturing nearly 50% of all sales. No other company comes close. Experts say that Trulieve’s dominance shows how critical it can be to get an early, strong foothold into a market even when, in Florida’s case, smokable flower sales only recently were allowed. The phenomenon also speaks to how telling per-store sales are and raises the question of whether such financial transparency is being conveyed to cannabis investors today as much as it should be, said Andrew Livingston, director of economics […]

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The Future Of Cannabis Ecommerce? Augmented Reality

Evan Gappleberg, CEO and founder of NexTech AR Solutions, describes how his company is changing cannabis e-commerce. September 24, 2019 1 min read This story originally appeared on Cannabis & Tech Today Cannabis retail, like most industries, is slowly but surely adapting and moving towards ecommerce. The benefits of ecommerce are innumerable, and one company is trying to heighten user experience. We caught up with Evan Gappleberg, CEO and founder of NexTech AR Solutions to discuss what his company is doing to update the online shopping experience. To stay up to date on the latest marijuana-related news make sure to like Cannabis & Tech Today on Facebook Read_More Related posts: The Future of Augmented Reality (Infographic) Will Virtual Reality Change Marketing? 3 Ecommerce Trends You Must Prepare for in 2019 How Augmented Reality Has Changed Selfies Forever (Infographic) We Used Virtual Reality as a Training Tool. Here’s What We Learned. The […]

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Cannabis Firms, Policymakers Must Work Hand-In-Hand, Ex-Canadian Prime Minister Says In MJBizConINT’L Keynote

Canadian Prime Minister Kim Campbell boldly says the marijuana companies and policymakers must work together to educate and debunk stigmas around the industry. September 23, 2019 3 min read This story originally appeared on MJBizDaily Marijuana companies must take an active role in working with policymakers, says former Canadian Prime Minister Kim Campbell. Businesses can impact cannabis public policy by providing the knowledge needed to help policymakers dismiss old language and beliefs about cannabis and replace that with new knowledge. That was one of the messages Campbell had for cannabis entrepreneurs attending MJBizConINT’L in Toronto on Thursday when she sat down with Marijuana Business Daily International Editor Matt Lamers for the conference’s keynote. Campbell said just as policymakers need to understand that companies are in peril when there isn’t a clear framework of regulations, the cannabis industry must help government officials develop laws and regulations so they can navigate freely and with […]

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How He’s Rewriting His Story With Cannabis

September 19, 2019 7 min read This story originally appeared on Weedmaps Mike Tyson hasn’t had a professional fight since 2005, but the strength in his handshake suggests the former boxing champ still packs plenty of power in his fists. Yet Iron Mike is focused on another sport these days. Melted into the pillows of a couch, he was watching the U.S. Open. His daughter is a serious tennis player and Tyson often brings her to watch the pros in person. “We just left this place,” he said without shifting his eyes away from the TV.    Tyson was hanging out in a second-floor office at The+Source, a dispensary in the Las Vegas suburb of Henderson, Nevada, where the “baddest man on the planet” also owns a home. The 53-year-old is about to head downstairs for a public appearance to celebrate the release of his Tyson Ranch cannabis products at a growing number of dispensaries in […]

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How This Family-Owned Cannabis Business Stays Profitable, Self-Funded Despite Tough Regulatory Environment

Autumn Brands’ CFO and Co-Owner, Autumn Shelton, describes the secret to their small business success in the booming cannabis industry. September 18, 2019 4 min read Brought to you by Benzinga The legalization of cannabis has created a multibillion-dollar market with a huge potential. In the rush to take advantage of this growth, thousands of investors are piling into dozens of public cannabis companies. Luckily, there are plenty of companies to choose from, ranging from large producers like Canopy Growth Corp and Tilray Inc. to providers of ancillary services like KushCo Holdings Inc. and Innovative Industrial Properties Inc. Some companies are trading on major exchanges, where they are subject to more scrutiny, but most companies opt for the over-the-counter market or the Canadian market, where it’s easier to list a stock. RELATED: How to Start a Cannabis Business On a Budget Family Owned Businesses On The Sidelines Beyond the headlines, there are dozens, if not […]

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Marijuana Labs Adding Tests Targeting Vitamin E Acetate In Response To Vaping Health Scare

In the wake of recent vaping-related illnesses and deaths, cannabis testing labs are targeting an additive that’s been linked to the unfortunate events. September 17, 2019 6 min read Brought to you by MJBizDaily Cannabis testing labs around the country are adding more specific tests targeting an additive that’s been linked to the string of recent illnesses and deaths health authorities say are related to marijuana and tobacco vaping devices. Although no definitive cause of the vaping-related issues has been identified, early reports have targeted the additive vitamin E acetate as a possible culprit, and several cannabis testing labs are working to develop methods to flag it if detected. Cannabis laboratory officials also said the crisis surrounding vaping has underscored the need for industry-wide testing standards. At Redmond, Washington-based cannabis testing facility Confidence Analytics, Laboratory Director Shannon Stevens said her company is developing a method to test for vitamin E […]

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The 7 Most Potent CBD Strains

If you’re looking for a higher-CBD cannabis strain, you might want to give these a try. September 11, 2019 8 min read Brought to you by Weedmaps CBD. You’ve seen these three letters advertised at your neighborhood cafe, fused within the topical your aunt has been boasting to the family about, even on the shelves of your local pharmacy stores. What you might not be aware of, however, is which cannabis strains contain the highest levels of cannabidiol (CBD), the non-intoxicating cannabinoid that has taken the health and wellness market by storm. Similar to the way cultivators try to maximize the production of THC, there are also high-CBD strains specifically bred to offer therapeutic benefits without intoxicating levels of THC. This has made it possible for children suffering from seizures to be safely treated with medical cannabis. A number of studies on CBD suggest that it offers potential therapeutic value in the treatment of various […]

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Curaleaf and Surterra Are Top Spenders On Federal Marijuana Lobbying

A look at which companies are investing the most on The Hill. September 11, 2019 7 min read Brought to you by MJBizDaily The marijuana industry has spent about $2 million so far this year lobbying for federal cannabis reform in Washington DC, and more than half that money has come from individual MJ-related companies. Businesses and lobbying organizations said the investments are critical in helping lawmakers and federal regulators understand the importance of cannabis-related issues. They are focusing on vexing industry problems such as banking, as well as broader reform and legalization efforts. The payoff comes when reform occurs or public policy becomes clear, and companies can plan and operate accordingly. RELATED: Marijuana Lobby Grows As Legalization Spreads Throughout Country “Markets do not do well in situations of uncertainty,” as is the case with marijuana currently, Richie Thorne, chief risk officer of Dama Financial, wrote in an email to Marijuana Business […]

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Looking To Enter The Cannabis Biz? Professionals From The Industry Give Top Advice

Before you dive into the world of cannabis, take note of these tips from professionals within the industry September 9, 2019 7 min read Brought to you by Weedmaps With more states legalizing cannabis for medical or adult use, the industry is rapidly growing, with employment predicted to rise by 34% in 2019, according to Marijuana Business Daily’s 2019 Marijuana Business Factbook. So, it’s no surprise that increasing numbers of people in other industries are looking to work in cannabis. Cannabis companies require all sorts of skills, from marketing and accounting to research and political lobbying, so you don’t need previous experience or training specifically in the cannabis industry to enter it.  “Cannabis legalization is as game-changing as the invention of the internet, and the trajectory will be much the same,” said Lisa Weser, who founded the cannabis communications firm Trailblaze after working as head of U.S. Marketing Communications for Anheuser-Busch. “Like the internet, […]

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Is Your Vape Cartridge Safe? This Is How To Make Sure

September 9, 2019 9 min read Brought to you by Weedmaps After dozens of people across the Midwest and California were sickened as a result of vaping cannabis or e-cigarettes, consumers, vape makers, and retailers alike have to be aware of how products are made and where they were made. Vape pens have surged to new heights on the marijuana mountain by offering a portable and discreet way to consume THC or cannabidiol (CBD)-heavy concentrates.  The proof: Vape oil products made up a whopping 86% of the concentrate market in Colorado, Washington, and Oregon in 2018, and 71% of the concentrate sales in California, according to a May 2018 report by BDS Analytics.  But there have been serious health and safety concerns associated with vaping technology, first in the e-cigarette industry and later in the cannabis industry. Nearly three dozen young people in the upper Midwestern U.S. and California were hospitalized for severe respiratory problems after vaping […]

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Aster Farms Rises Again From the Ashes

The company’s California complex burned down a year ago, but they were able to build themselves back up-thanks to CEO Julia Jacobson September 3, 2019 2 min read Brought to you by Green Market Report As CEO of Aster Farms, Julia Jacobson brings an expertise in entrepreneurship, supply chain management and business development to the Aster team. Her personal interest in cannabis is rooted in her battle with chronic migraines, incorporating the plant with her prescribed routine to mitigate symptoms, balance equilibrium and chart a healthy course. Julia develops Aster’s high-level vision, ensuring the team is two steps ahead as the company scales. Prior to Aster Farms Julia was co-founder and CEO of NMRKT, an affiliate marketing platform for content providers. She led the company through Techstars and it’s acquisition by XO Group in 2016, where she went on to become the Director of National Revenue Products. Julia’s career began […]

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20 Business Ideas for Stay-at-Home Parents

Herb farms are one of the fastest-growing industries. Medicinal herbs, herbal teas, culinary herbs, and herbs for candles and aromatherapy are just the tip of the iceberg. A solid working knowledge of growing herbs is essential. Flowers used to scent potpourri, soap, candles and fragrant concoctions require just a few square feet of growing space. Most of your product preparation can easily take place in an average-size kitchen equipped with no more than a shelf, stove and counter work space. Becoming a gardening teacher is a creative way to make money from your green thumb. Offer gardening seminars in your backyard, community colleges, recreation centers and local nurseries. Offer a class each month on a different aspect of gardening, including planning flower beds, learning about perennials, preparing the soil, creating an English garden, bulb planting, and the like. Growing orchids can be a lucrative business if you are willing to […]

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Bulletproof Coffee’s CEO Reveals the Simple Skill That Most Entrepreneurs ‘Suck At’

Dave Asprey, the enigmatic CEO of Bulletproof Coffee, wants you to get better at one simple law of performance. July 16, 2019 3 min read Opinions expressed by Entrepreneur contributors are their own. Are you a coffee addict? If you’re like most entrepreneurs, you probably consume several cups of joe to accelerate your day and boost your performance. If you’re a coffee lover, then you’re likely familiar with the brand Bulletproof Coffee and its enigmatic CEO, Dave Asprey, who is referenced by name in Merriam-Webster’s online definition of “biohacker.” I recently attended the Upgrade Labs 6th Annual Biohacking Conference in Beverly Hills where the attendees were offered meticulously-planned organic meals and unlimited amounts of their now-famous buttered coffee. Yes, mixing the right butter with the right coffee is a pleasantly surprising and delicious experience.  Related: 3 Fundamental Ideas on How to Succeed as an Entrepreneur During the event, I had the chance to talk with Asprey, a […]

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Need to Regain Your Sanity? Learn to Say No.

Don’t feel like you have to take every opportunity that comes your way. But choose wisely. July 12, 2019 4 min read This story appears in the July 2019 issue of Entrepreneur. Subscribe » Mary* was doing well as VP of business development at a San Francisco tech company. She’d been hired to create goodwill within the community, and she was a perfect fit. But her work had started suffering. Her CEO had asked her to take on a new project in Brazil, which would require her to spend at least a third of her time there. Her instinct was to say yes; she didn’t want to lose her CEO’s approval, and the opportunity was an honor. But realistically, she couldn’t be in South America and do what she’d been hired to do in San Francisco, too. Related: 9 Common Mistakes Made by New Entrepreneurs When I met with her, I […]

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Microdosing Is How You Learn How Much CBD You Should You Be Taking

Tinctures are ideal for administering a precise dose. July 4, 2019 5 min read Brought to you by A to Z CBD If you suffer insomnia, feel anxious, have chronic pain or have been diagnosed with any of a host of other ailments, you may have heard that “CBD is good for that.” You did some research and bought a CBD product, but how do you know exactly what dogse you should use?  Cannabidiol (CBD) is an extract from hemp flowers that is taking the health and beauty world by storm. Preliminary research suggests that because of its antiinflammatory and neuroprotective effects it may support those suffering from addictions, Alzheimers, concussion, fibromyalgia, diabetes, multiple sclerosis, sleep disorders and many other conditions. But this potentially useful supplement does not come with one-size-fits-all dosing recommendations. In fact, you will have to use a little trial and error to find your right dose. […]

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Licensing Cannabis: A Giant Step Forward

Licensing provides smaller brands the opportunity to bring CBD products to market with very little financial risk. June 12, 2019 6 min read Brought to you by PRØHBTD What do you get when you marry one of the largest product trends in recent decades with one of the most respected business growth strategies? Opportunity. For the first time in its 35-year history, Licensing Expo — the world’s largest and most influential brand licensing event, which took place in Las Vegas last week — expanded to include cannabis wellness companies in its lineup. The Hemp & Cannabis Marketplace featured 12 brands in the cannabis wellness space displaying products for ranging from chocolates, skin care and personal lubricants to infused olive oils, healing balms and more, for consideration to further penetrate the mainstream market via licensing partnerships. Allison Ames, CEO and President of Beanstalk, a preeminent brand extension agency says the addition […]

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Why the EU Is Wrong About CBD

The EU has categorized CBD as a “novel” food because regulators don’t understand the plant. May 10, 2019 3 min read Brought to you by A to Z CBD With CBD’s meteoric rise in popularity, regulatory bodies around the world are struggling to figure out how to regulate this seemingly new substance. In the United States, outgoing FDA Scott Gottlieb has admitted that there is no straightforward path to regulating CBD. European regulators are facing similar struggles. Recently, the European Food Safety Authority issued a memo declaring that it considered CBD a “novel food” additive and that any product containing CBD must gain approval before being sold in the European Union (EU). Although regulatory agencies are cautious by nature, the decision by the EU to classify CBD as a novel food was a mistake, and here’s why. First, it is important to understand what the EU considers a “novel” food. […]

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6 Immediate To-Do Items for Instagram Influencers

Are you an Instagram influencer? Are you working to become one? These six to-do items are key for success! May 10, 2019 6 min read Opinions expressed by Entrepreneur contributors are their own. Building and maintaining status as an Instagram influencer requires a lot of work. After all, your ability to achieve high engagement rates and find new followers depends on your ability to provide engaging content day after day. But beautiful photos aren’t the only way you are going to build a large following and a successful career as an Instagram influencer. Taking care of some additional to-do’s will help your profile and posts deliver the results you need. 1. Use hashtags wisely. As an influencer, hashtags are a crucial addition to your posts, as they enable your content to show up in searches conducted by other users. It’s a simple addition that can lead to significant growth for your […]

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IS CBD Better Than Big Pharma? Patients Seem to Think So.

CBD is far less expensive, has practically zero side effects and often has the same or better efficacy. May 1, 2019 3 min read Brought to you by Everything Hemp USA It is no secret that Americans are overmedicated. According to one 2017 study, approximately 55 percent of Americans take prescription medications regularly. Of those who take prescription medication, 53 percent get their medicine from more than one healthcare provider, which increases the risk of adverse side effects. With the advent of cannabidiol (CBD) as a form of medication, many are wondering whether it might serve as the solution to America’s pharmaceutical blues. Here’s a quick rundown on why CBD just might be better than Big Pharma. What patients say about CBD. Partnering with HelloMD, the data research firm Brightfield Group conducted an in-depth survey of over 2,400 patients comparing CBD to pharmaceuticals. When asked about the effectiveness of CBD […]

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