With recreational cannabis on the brink of becoming legal in Canada, major Canadian cannabis companies are making strategic moves to strengthen their positions. While the Canadian market for recreational cannabis…
The price of legal cannabis has been dropping at a steady rate, and the outlook is for a continuing decline before the market levels off. Small cannabis manufacturers and dispensaries…
As the saying goes, money talks—and the large amount of money being invested by alcohol and cannabis companies in joint ventures speaks volumes about the direction the cannabis industry is…
In what is being hailed as a landmark decision and historic first, the Federal Drug Administration (FDA) has approved the first drug with an active ingredient derived naturally from the…
In the upcoming Release 18 of Advanced Billing for Acumatica, we added a requested feature for calculating a “generate date” based on the contract terms. If you have contract invoice…
The winds of change are blowing across the country as politicians and the public turn from hostility to a more accepting and welcoming attitude towards cannabis. The removal of political…
We knew the cannabis market was hot, but the latest studies show the cannabis industry skyrocketing beyond analysts' previous expectations. Surprised that legalization and demand are expanding the cannabis market…
In this series, we answer real-life questions from Acumatica users. The question that we will be answering in this post is, "How Do the Different Revenue Recognition Methods in Acumatica Affect Revenue Recognition?"
Innovation within the cannabis industry is reaching new heights as more and more biotech and pharmaceutical companies enter the fray and the amount of cannabis research and development being conducted…
Legalizing cannabis in the United States nationally would have a dramatic effect on the cannabis industry since federal laws have made cannabis an illegal substance. It looks now that nationwide legalization could happen soon because of New York Senator Chuck Schumer's introduction of a bill to decriminalize marijuana.
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