How One Cannabis Cultivator Eliminated The Skunk Smell

It’s hard enough to hide the “bouquet” of a joint, but acres of cannabis plants? Good old Febreze doesn’t cut it. Here’s what does. November 4, 2019 6 min read This story appears in the October 2019 issue of Green Entrepreneur. Subscribe » Carpinteria, Calif., once blossomed with chrysanthemums, lilies, and hydrangea, but the market for American-grown cut flowers started to wither under the spell of cheaper imports. Then, when marijuana was legalized in California, the area found a new cash crop. The same climate that flowers thrive in turns out to be ideal for cannabis cultivation. According to data compiled by the Associated Press, since 2016 the state has granted 800 licenses in Santa Barbara County alone, many of them in Carpinteria. One of the farms to pivot was B and H Flowers, owned by a family originally from Holland who’d been growing tulips for more than 100 years. […]

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Why The Cannabis Industry Deserves Access To Modern Banking And Financing

The SAFE Banking Act would allow financial institutions to serve state-authorized marijuana companies without fear of federal punishment. October 21, 2019 5 min read Opinions expressed by Entrepreneur contributors are their own. With legalization hitting more states by the month, and with support for marijuana legalization in the United States at an all-time high at 65 percent, the need for political action on behalf of the cannabis industry — the world’s fastest-growing market — has never been greater.  Despite the cannabis industry’s meteoric rise, we are bumping up against a ceiling. Cannabis remains a federally-illegal, all-cash-based industry. It depends on outdated and unpredictable financial practices and systems. As a result, cannabis infrastructure fails to keep up with demand, and the illicit market continues to thrive (a recent audit found there are three times the illicit dispensaries than legal ones in California), which further fragments the market and caps growth. Unlike other developed […]

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How Cannabis Brands Can Capture Attention With Custom Packaging

In the crowded (and booming) cannabis market, knowing how to develop a powerful brand identity is critical. October 15, 2019 4 min read This story originally appeared on Cannabis & Tech Today There’s no denying that marijuana is a booming market. After Colorado legalized marijuana in 2014, 147 recreational dispensaries opened in the state that year — a number that grew to 509 by 2018. Six other states have since legalized recreational marijuana. In a word, business is booming. Within an industry facing such unprecedented growth, cannabis brands are met with big challenges when it comes to differentiation. Hundreds of new brands launch every year. High-profile personalities like comedian Tommy Chong and former boxer Mike Tyson are getting in on the game. Competition is fierce, and many companies are faced with the unique challenge of working to develop a trustworthy and recognizable brand while adhering to stringent state rules. Chief among […]

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8 Must-Have Cannabis Products For Tech-Minded Weed Consumers

As marijuana and tech merge, these are the products that pique the interest of techies everywhere. October 14, 2019 8 min read This story originally appeared on Weedmaps Let’s face it, in one way or another, technological advancements have altered nearly every facet of our lives — and smoking weed is certainly no exception. In fact, as ongoing legalization efforts have birthed a rigorous and dynamic market, tech-savvy companies are developing innovative products that provide people with new ways to get stoned or seek therapeutic relief.  There are, of course, those who prefer the traditional consumption methods — hand-rolled joints, bongs, one-hitters, among many other tools of classic stoner culture. But some are venturing outside of the norm, seeking out more exciting, more potent, and more convenient approaches to using cannabis.  Here are eight tech-minded weed products that have caught the cannabis community’s collective eye. OTTO OTTO by Banana Brothers makes […]

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A Chat With Kadenwood Brands CEO Erick Dickens

After a successful run in marketing and brand management at spots like Kraft Foods, Erick Dickens is reshaping the CBD industry. October 11, 2019 5 min read This story originally appeared on Benzinga The booming U.S. CBD market is estimated to exceed $20 billion by 2024, according to BDS Analytics — a substantial jump from $1.9 billion in 2018.  As  CBD becomes mainstream, companies operating in the space are establishing themselves in a new environment and are not just competing among themselves, but also with larger and older conglomerates in the industries that CBD has recently penetrated. One way that CBD businesses are adapting to the market growth is by hiring top talent from successful companies in other industries. Benzinga recently sat down with Erick Dickens, the co-founder and CEO of Kadenwood Brands, who prior to CBD had a successful marketing and brand management career at a number of companies, including Kraft Foods. RELATED: 9 Cutting-Edge Marijuana […]

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U.S. Cannabis Market To Hit $30 Billion By 2025 As More Than 38 Million Americans Try Marijuana

Even by ‘conservative’ estimates, the U.S. marijuana markets looks set to skyrocket over the next few years. October 8, 2019 3 min read Opinions expressed by Entrepreneur contributors are their own. The U.S. cannabis market is projected to hit $30 billion in annual cannabis sales by 2025, according to a new report from an industry expert. The “U.S. Cannabis Report 2019 Industry Outlook” from New Frontier Data in Washington, D.C., also reports that more than 38 million American adults consume cannabis at least once per year. That includes both marijuana purchased legally as well as on the black market.  The report estimates a compound annual growth rate in legal marijuana sales of 14 percent between now and 2025.  RELATED: Investment Opportunities Grow As Cannabis Expands Into New Consumer Markets And These Are Conservative Estimates In a press release on the new report, New Frontier Data CEO Founder and CEO Giadha Aguirre de […]

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Jackson D. Tilley Chronicles His Untold Story Of Cannabis, While Helping Shape New Conversations About The Industry

A new memoir chronicles an insider’s account of the regulated cannabis industry, told from the perspective of someone sober, gay, and under 30. September 30, 2019 7 min read Opinions expressed by Entrepreneur contributors are their own. Jackson D. Tilley has experienced the cannabis industry unlike most people have. As the Vice President of Strategic Partnerships and Communications for Organa Brands, Tilley not only works in the booming business, but, as a sober, gay, under 30 professional, he’s helping lead new conversations about the industry as a whole around the country, opening up different perspectives. With the release of his new memoir, Billion Dollar Dimebag — which chronicles his life working in the cannabis industry as a sober and gay millennial — Jackson provides leadership from a rare point of view, detailing both the history of the drug in America, as well as, his first-hand experiences. RELATED: Women Are Disappearing From The Cannabis Industry. Why? […]

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The Right Way To Acquire A Cannabis Dispensary Or Brand: My Experience In Colorado

Know the process it takes in each state, and the red flags to look for, before jumping in as a business owner. Opinions expressed by Entrepreneur contributors are their own. Acquiring a cannabis brand or dispensary is a risky — and, many times, costly — endeavor. The potential for profits is massive, but, so too, is the potential for loss. By conducting a thorough investigation and looking for certain risk factors, acquirers can mitigate risk and ensure they’re making a worthy addition to their portfolio. But how do you even know where to start? One critical piece to remember before looking to acquire a cannabis dispensary or brand is how changing regulations or ordinances/laws in each state or city may affect the transfer or value of the dispensary or brand. Once you know the laws of each city and state, you can proceed with the necessary steps; so remember to do your […]

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Trump Is Considering Banning Flavored Vapes. Here’s The Cannabis Industry’s Response

In the wake of the President’s proposed ban, the NCIA puts the onus on Congress to end Prohibition. September 12, 2019 4 min read Opinions expressed by Entrepreneur contributors are their own. As information continues to surface about the unfortunate incidents related to e-cigarettes and vaping — with more than 500 people falling ill and six reported deaths — President Donald Trump stepped in to try and monitor the use of flavored e-cigarettes, announcing a proposal to ban thousands of flavors used in nicotine vaping products. Related: Mysterious Vaping Illnesses Have Industry On Edge Addressing the media today, President Trump had this to say about the proposed ban: “It’s very new and potentially very bad. There have been deaths and there have been a lot of other problems. People think it’s an easy solution to cigarettes, but turns out that it has its own difficulties. Not only is it a problem overall, but really specifically […]

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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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Barneys Department Store Is Betting on the Luxury World of Weed

Inside Barneys’ posh cannabis store, The High End. August 15, 2019 2 min read This story appears in the August 2019 issue of Green Entrepreneur. Subscribe » Few among us are in the market for a $950 handblown-glass bong. Or a pair of $900 Balenciaga high-top sneakers. But if you’re someone who absolutely must have both, you’ll find them within 20 feet of each other on the fifth floor of Barneys New York in Beverly Hills. The cannabis store-within-a-store is fittingly called The High End. It isn’t so much a dispensary as it is a luxury head shop offering the finest paraphernalia and CBD-infused beauty products. While The High End is exclusively in Beverly Hills for now, there are plans to expand to additional Barneys locations in legal-use states.  “Our brand is really about acknowledging cultural shifts and creating dialogues,” says Barneys creative director Matt Mazzucca. “There’s a lot of controversy […]

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She Is the Cannabis Industry’s Voice of Reason

Amanda Reiman wants cannabis to be more than a big new market for the same old powers-that-be. June 4, 2019 5 min read Opinions expressed by Entrepreneur contributors are their own. Amanda Reiman is among the most recognized women in cannabis. Amanda is VP of Community Relations for Flow Kana, a craft cannabis brand that prides itself on being the first sustainable, sungrown cannabis group to represent small farmers within the Emerald Triangle. She drives innovative initiatives that ensure Flow Kana stands at the center of responsible cannabis. Amanda was awarded the 2017 Influencer of the Year by Industry Power Women. Dope magazine has titled her the industry’s true Wonder Woman. She holds a master’s in social work and a PhD in social welfare. What brought you into the cannabis industry? I have long been a fan of cannabis, but my work in the field began as a doctoral student at Berkeley […]

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6 Ways Women Can Raise Cannabis Capital

Tap into these resources to get an edge on the competition. Raising capital for your business is never easy, especially if you’re a woman. Although the corporate world has yet to achieve true gender equality, one sector is leaps and bounds ahead of the rest of the country: the cannabis industry. Marijuana Business Daily reports that women made up approximately 27 percent of executive level roles in the cannabis industry in 2017, compared to the national average of 23 percent. That number rises to 42 percent if you only count ancillary cannabis businesses (such as apps and paraphernalia). Women also hold approximately 35 percent of executive-level positions in cannabis dispensaries. Related: Women Increasingly Are Cannabis Entrepreneurs and Customers Traditionally, most startups will raise money through either a venture capital firm or angel investors. There are also businesses incubators, which often provide assistance and advice to startups in exchange for a small fee […]

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