The State of New York is making progress toward legalizing recreational cannabis sales, with almost 40% of municipalities opting in, including all five boroughs of New York City. Many municipalities have opted out, however, and the state’s regulatory framework has yet to be finalized. Despite this, if regulators stay on track, licensing will begin soon and legal sales will begin …
Is Your Cannabis Business Compliant?
Cannabis business owners and operators have plenty to worry about; bringing in revenue, keeping customers and employees happy, paying taxes, and securing inventory are usually top of mind. But an important facet of running a cannabis business that is overlooked with surprising frequency is regulatory compliance. It may be that like regular medical checkups, a lot of people don’t worry …
An Update on Cannabis in New Jersey
The New Jersey Cannabis market has undergone a lot of turbulence and delays, especially for prospective business owners. The state has an existing medical cannabis market and will soon be accepting licenses for adult-use cannabis businesses. With the recent announcement of winning medical cannabis applicants after a lengthy delay and the newly legalized adult-use market and licensing process, the New …
Expanding Legalization: Which State is Next? Pt II
Read Part 1 here. Since the early days of legalization in states like California, Colorado, and Washington, the landscape of the cannabis industry has changed dramatically. In fact, the United States cannabis market of today hardly resembles what it did just 8 short years ago. In the central United States, recreational and medical legalization efforts may be expanding to include states …
How Does Legal Cannabis Impact Crime
This article was originally published with Cannabis Business Executive. Read the original article here. Cannabis legalization is spreading through the United States rapidly, with states initiating medical marijuana programs or expanding to allow adult-use cannabis. This year alone, New York, New Jersey, and Connecticut all voted to legalize recreational cannabis. Now, most states have some form of established cannabis program, …
Cannabis Cultivation Water Theft
Water theft is the illegal tapping of a water supply or source and has become an organized, criminal enterprise that jeopardizes municipal, residential, and agricultural water reserves and the environment. This has long been a problem on the West Coast due to the area’s severe heat and droughts. An estimated 12 billion gallons of water have been stolen in California in the past …
New Jersey Cannabis Business Applications and Municipalities
The New Jersey Cannabis Regulatory Commission announced on November 9th that it will begin accepting applications next month. The initial deadline set by the state was not realized in September, but now it appears that the program roll out is back on track. Applications for Class 1 Cultivator Licenses, Class 2 Manufacturer Licenses, and Testing Laboratory Licenses will be accepted starting …
Creating and Managing Security Guard Post Orders
How Can Sapphire Risk Help? Tony Gallo and the team at Sapphire Risk Advisory Group are prepared to help with ensuring installed security is compliant and cost-efficient. Follow us on social media to stay up to date with cannabis industry updates! Author If you are a current operator (or want to be) Tyler Stratford can help! When Tyler got out of …
Expanding Legalization: Which State is Next? Pt I
Since the early days of legalization in states like California, Colorado, and Washington, the landscape of the cannabis industry has changed dramatically. In fact, the United States cannabis market of today hardly resembles what it did just 8 short years ago. Now, recreational legalization efforts may be expanding to include states like Arkansas, Florida, and Oklahoma. Each year, new states that …
Delta-8 in the United States
Over the past few years, Delta-8 THC has made headlines as a form of “THC-lite.” Since the 2018 Farm Bill legalized the production of hemp as long as the Delta-9 content stays below 0.3%, Delta-8 manufacturers and retailers have found themselves in a legal gray zone. Now, states must decide for themselves whether to allow the sale and possession of …