Veterans are at an increased risk for depression, PTSD, and opioid dependency caused by the treatment of chronic pain. Although research into marijuana use for the treatment of these conditions has been promising, under federal law, veterans are currently not allowed to use or possess medical-use or adult-use marijuana, even if it’s legal in their state. Fortunately, in response to …
Cybersecurity Risks Increasingly Plague the Cannabis Market
Following a string of legalizations across the U.S. in 2020, the cannabis industry continues to mature and vastly expand. New Frontier Data projects the sector to be valued at $40B+ by 2025. With several new markets expected in 2021, marijuana continues to make strides toward federal approval. The multi-billion-dollar market attracts many investors and entrepreneurs for massive investment opportunities while drawing the …
Premises Management for Cannabis Businesses
Establishing a strong community relations plan can help a cannabis Premises management is important for any business, but it is especially important for cannabis businesses. It is vital for owners to maintain their property because buildings that are run down or appear neglected often become targets for crime. Businesses are especially at risk when they have valuable products and large …
Texas Cannabis Updates: 2021
While Texas has seen multiple cannabis bills fail in previous years, the 87th Legislative Session has a few notable bills that have been gaining traction. The proposed bills aim to expand the state’s medical cannabis program, reduce penalties for cannabis possession, and increase research into cannabis, hemp, psilocybin, and other potentially beneficial drugs. With the session’s end on May 31, many Texas …
Community Relations for Cannabis Businesses
Establishing a strong community relations plan can help a cannabis business improve brand awareness and is sometimes required by law. Cannabis community relations plans can also aid in breaking down negative stereotypes that may still exist and can help a business improve its image within a community. A community relation plan is comprised of the steps that companies take to …
Opportunities in the Psilocybin Industry
Psilocybin is a developing industry in the United States and around the world. While psilocybin remains illegal in most areas, recent years have seen its decriminalization, and in some areas legalization. Psilocybin is beginning to become popular in developed nations such as Canada and the U.S. and many are comparing the potential of the psilocybin industry to that of the …
Opportunities in the Moroccan Cannabis Market
Although cannabis is illegal in the country, the Moroccan cannabis market is actually quite large. Cannabis is most commonly consumed in the form of hashish, a cannabis resin, which is often smoked through pipes or hookahs. Cannabis usage may officially be illegal, but behind closed doors its use is often tolerated. Moroccan Cannabis Laws The Moroccan cannabis market has a …
Social Equity Programs (SEP) – A Path to Success Part 2
As cannabis legalization spreads, many states are coming up with their own social equity programs. Social equity programs have been established in recreational cannabis markets like California, Illinois, Massachusetts, and Michigan aim to benefit those who have been disproportionately harmed by the enforcement of cannabis prohibitions. Although not every state has established a social equity program, it’s likely that these programs will become more widespread in the …