by Mike Lomuto, NCIA’s DEI Manager Part 1 of a Blog Series Recapping the Equity Workshop Tour – Spring 2023 I believe that the cannabis industry needs intimate and dynamic events, particularly if we are to build in an equitable and diverse fashion, and that’s why I embarked on... Read more
The cannabis industry has seen significant growth in North America since the legalization of recreational cannabis in Canada in 2017. Currently, medical cannabis is legal in 37 US states, while 21 states allow its recreational use. As the cannabis retail industry matures, there are opportunities galore for entrepreneurs, but... Read more
by NCIA’s Retail CommitteeContributing Authors – Ace Castillo, Brian Anderson, Tony Trinh, Pete Longo, Nicole Rivers, John Kent, Larina Scofield, and Brian Hart In a competitive market the customer experience is one of the biggest factors in the success of a company. This begs the question as to how... Read more
by Erika Cruz, Outreach Monks As the cannabis market continues to experience exponential growth, cannabis business professionals are constantly seeking ways to capitalize on this booming industry. With the market projected to expand from USD 28.266 billion in 2021 to an astounding USD 197.74 billion in 2028 at (a... Read more
Photo By CannabisCamera.com by Michelle Rutter Friberg, NCIA’s Deputy Director of Government Relations Essentially every industry and association with a presence in Washington, D.C. hosts their own lobby days, advocacy days, or fly-ins – whatever you want to call them – where their members come to the Capitol to... Read more
by Andrew Kaye, Sweet Leaf Madison Capital Over the last 15 years, cannabis has seemingly catapulted away from the days of schwag and dirt weed. Today, we are seeing THC levels well beyond percentages that were displayed in dispensaries 10 years ago when cannabis first became legal in certain... Read more
by Matthew Johnson and Doug Espositomembers of NCIA’s Risk Management and Insurance Committee For better or for worse, the cannabis industry is easily the most fascinating experiment in state regulation that this country has ever seen. Rules vary widely from state to state. Product testing requirements lack uniformity. Packaging... Read more
by Valerie Taylor, Vice President (National Cannabis Practice Leader), The Liberty Company Insurance Brokers The legal cannabis industry is growing at an unprecedented rate, with more and more states legalizing its use for medical and recreational purposes. However, despite this progress, cannabis businesses face a major obstacle: Section 280E... Read more
by Justine Charneau, Eagle Protect For those working in the cannabis industry, disposable gloves provide a protective barrier when working with products during the cultivation, harvesting, and processing stages. The benefit to wearers is essentially twofold. While “food-safe” rated gloves can greatly reduce the threat of cross-contamination between the... Read more
by Leah Spokojny, Chief Revenue Officer, BDSA In today’s hyper-competitive cannabis landscape, a data-driven culture can make all the difference. Those who leverage data can confidently estimate the total addressable market, evaluate risk and opportunity, track performance, and execute against opportunities. From day one, cannabis businesses should strive to... Read more