Category Archives: cannabis business

Akerna, Business, cannabis business, Cannabis Industry, Cannabis News, cannabis stocks, Curaleaf, new

Tech Co. Akerna Leaves Cannabis, Curaleaf Abandons Three States

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04
Apr

Cannabis stocks have been volatile throughout 2022 and continue into 2023. Two of the industry’s established operators are responding with dramatic restructuring. Akerna Corp. is exiting the cannabis space entirely while Curaleaf Holdings Inc. is closing operations in three states.  Akerna, a Denver-based cannabis technology firm, is merging with cryptocurrency mining company Gryphon Digital Mining. The merger […]

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cannabis business, Cannabis Industry, cannabis legalization, International, international cannabis, new

Germany’s Timetable for Cannabis Legalization

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03
Apr

Over the weekend a potentially significant report surfaced regarding cannabis legalization in Germany. To quickly recap how we got to where we are now, Germany’s Health Minister Karl Lauterbach presented an adult-use legalization plan to the federal cabinet back in October. Since that time, Lauterbach has lobbied the European Union for its permission to proceed with formally […]

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Business, cannabis business, cannabis finance, Cannabis Industry, cannabis retail, new

4 Tips to Protect Your Cannabis Business During an IRS Audit

Posted on by admin
03
Apr

Did you know the IRS is four times more likely to audit a cannabis business than the mainstream? According to Marijuana Business Daily, the IRS uncovered an average tax deficiency of $282,596 over three audited returns for a cannabis business versus $120,301 per 103 audited returns in the mainstream.  At a whopping 81% more collectable […]

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cannabis business, Cannabis Industry, cannabis legalization, International, international cannabis, new

When Will France Legalize Cannabis for Adult Use?

Posted on by admin
03
Apr

Cannabis consumption in France is more common than in many other parts of the world, as demonstrated by recent survey data that was collected and analyzed by the French Observatory of Drugs and Addictive Tendencies. In its most recent survey involving adults aged 18 to 64, the French Observatory of Drugs and Addictive Tendencies found that 10.6% […]

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cannabis business, Cannabis Industry, cannabis legalization, International, international cannabis, new

German Adult-Use to Revolutionize Cannabis Inventory Strategies

Posted on by admin
03
Apr

As the dust settled on the 2021 federal election in Germany, excitement among cannabis enthusiasts erupted — with good reason. Before the election late last year, members of what would become the governing coalition expressed a desire to legalize cannabis in Germany. Many of them spoke at the International Business Conference in Berlin just weeks before the […]

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Business, cannabis business, cannabis crm, Cannabis Industry, cannabis retail, cannabis technology, new, Technology

Savvy Retailers Use CRM Software to Gain a Competitive Edge

Posted on by admin
03
Apr

The target market for dispensaries is already using Netflix, Spotify, Instagram, and Amazon daily and is well-accustomed to tailored purchasing experiences. The same customer buying toothpaste on the Target website is also browsing your dispensary website, but the journey of these purchases couldn’t be more different.  Let’s say this customer searches your site for edibles, […]

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cannabis argentina, cannabis business, cannabis legalization, International, international cannabis, medical cannabis, new

Argentina Creates a National Agency for Cannabis

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02
Apr

In the context of the law sanctioned last May through which the regulatory framework is created to start an industrial process with the cannabis plant in Argentina, finally this Monday the national government created the Regulatory Agency for the Hemp Industry and the Medicinal Cannabis (ARICCAME), the state body whose main task will be to convert the […]

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Business, cannabis business, Cannabis Industry, cannabis technology, new, Technology

Common Dispensary Growing Pains and How to Avoid Them

Posted on by admin
02
Apr

The Internet of Things rules the world. And while integrated ecosystems are indeed convenient, a failure can create chaos. That is especially true for cannabis retailers. Point-of-sale systems are often the backbone of dispensaries and act as the command center for the suite of tech throughout the business. They do not just process transactions; the […]

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Business, cannabis business, Cannabis Industry, cannabis legal, new, RAW Rolling Papers

RAW Rolling Papers Caught in a Web of Lies

Posted on by admin
01
Apr

A jury verdict found HBI International, creator of RAW Organic Hemp rolling papers, engaged in unfair business practices which violated the Illinois Uniform Deceptive Trade Practices Act. The RAW brand, known for its artisanal products and charitable contributions, apparently lied about the existence of its charity, the RAW Foundation, and the manufacturing and distribution location […]

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Business, cannabis business, cannabis insurance, cannabis retail, dispensary insurance, new

Find the Right Coverage for Your Dispensary

Posted on by admin
01
Apr

Opening a dispensary is an exciting, turbulent event. Entering the cannabis industry is not for the faint of heart, and the businesses that set themselves up for success plan for the rainy days from the get-go. If you don’t know where to begin getting the right dispensary insurance, here’s what you’ll need.  Understanding Risks Your […]

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