Several states have different approaches to making failed cannabis lab tests public. For instance, California mandates the disclosure of failed lab tests. The state has required that cannabis products sold…
As the cannabis industry continues to grow and evolve, companies are finding innovative ways to attract and retain customers. One of the most effective strategies has been the introduction of…
The cannabis industry is currently experiencing a challenging period marked by high taxes, particularly due to Section 280E of the IRS Code, and an overabundance of supply exacerbated by the…
What is Section 280E? Section 280E of the Internal Revenue Code (IRC) is a provision that was enacted in 1982. This disallows businesses that are engaged in the trafficking of…
This past week the US Supreme Court wrapped up its term and ruled on some very substantial cases including one that will affect the Cannabis industry. The court’s landmark decision…
The U.S. Congress reauthorizes the Farm Bill every five years to address the nation’s needs in areas such as food, agriculture, nutrition, forestry, energy, and conservation. As we approach the…
As a solution provider to the cannabis industry, we follow industry news and trends closely. This is important in any industry, but more so in the cannabis industry with its…
What is it? In a landmark decision, the Drug Enforcement Administration (DEA) recently announced the reclassification of cannabis from Schedule 1 to Schedule 3, marking a significant shift in the…
Introduction - Enterprise Resource Planning (ERP) software has revolutionized the way businesses operate, streamlining processes, enhancing productivity, and boosting overall efficiency. However, the true potential of ERP systems can only…
The current economic downturn has affected many industries, and the cannabis sector is no exception. High taxes, oversupply, price reduction, and a still-thriving illicit market continue to hurt licensed cannabis…