Cannabis businesses share the modern environment of extremely high data security risk. The cannabis industry occupies a unique spot when it comes to user data security. Depending on your place in the supply chain, the secure data handled by your cannabis business can include employee personal and financial information, private…
For many years, life science companies have been using biosynthesis to make a range of medical products, including insulin, human growth hormone, and blood clotting factors. In the recent past, researchers have shifted to using biosynthesis to accelerate the production of cannabinoids, including cannabidiol (CBD) and tetrahydrocannabinol (THC). According to…
Twitter recently announced that it would allow cannabis ads for B2B and B2C companies starting from February 15, 2023. This shift makes it the first major social media platform to do so and marks a significant turning point for the cannabis industry. The company eased its cannabis ads policy in specific U.S. states…
Canadian and American cannabis markets have emerged as magnets for entrepreneurs and investors alike as cannabis legalization continues to spread throughout the world. The global legal marijuana market size is expected to reach USD 102.2 billion by 2030, according to a new report by Grand View Research, Inc., with the…
A bevy of new territories began selling legal cannabis in 2018, including Canada, Massachusetts, Maryland, Ohio, and Oklahoma. How well these new markets are faring gives us a sense of the strength of the cannabis market and how closely actual results are meeting expectations.
The cannabis market has reached a tipping point and is showing all the signs of an unstoppable juggernaut. For cannabis producers, the expanding market represents an immense opportunity, and competitive advantages can be gained by deploying the right cannabis management and analytics solutions.
This first wave of cannabis drinks is only the beginning, as many of the big guns in the cannabis and beverage industries have set their sights on what promises to be a huge cannabis beverage market.
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 will be sizable, big Canadian cannabis producers like Aurora Cannabis, Canopy Growth Corp., Tilray, and Aphria are positioned to become…
“Reversal of fortune” is the perfect way to describe the legal and economic comeback of the hemp plant in the United States. Banned and abandoned by farmers for decades in the U.S., the legal resurgence of hemp coincides with an exploding demand for CBD oil, which is fueling what is…
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 are being driven out of business, and large manufacturers that fail to take measures to minimize production costs are at…
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