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What’s Trending In the Cannabis Market?

Missouri Cannabis Business Licenses

On Tuesday, the Missouri Department of Health and Senior Services, responsible for managing the state’s marijuana program, announced that it will be accepting applications for the second round of Missouri cannabis business microbusiness licenses through an online platform from April 15th to April 29th. The department plans to issue 48 Missouri cannabis business licenses in July. Per […]

Cannabis Business Plans Should Be Alive

A living document, also known as an evergreen document or dynamic document, is a document that is continually edited and updated. A cannabis business plan, should be that. Businesses in the cannabis industry, like any other industry, need to update their business plans for several reasons: Regulatory Changes: The cannabis industry is heavily regulated, and regulations […]

Massachusetts Cannabis Equity Regulations

Massachusetts Cannabis Equity Regulations

On Friday, October 27, 2023, Massachusetts established new cannabis regulations. These new Massachusetts Cannabis Equity Regulations “include policies that will implement the agency’s oversight of host community agreements (HCAs), new municipal equity requirements, and suitability reform, in accordance with Chapter 180 of the Acts of 2022, An Act Relative to Equity in the Cannabis Industry.” – […]

Cannabis sop

The Importance Of Cannabis SOPs

The industry has recently encountered several shocking events. Not only has the industry had several recalls in the past, however the most recent recall has Missouri operators questioning what is going on with the state track and trace system who refuses to comment on the situation. Of equal importance, the Oklahoma Medical Marijuana Authority has […]

Kentucky Medical Marijuana

Kentucky Governor Andy Beshear recently signed Senate Bill 47 into law, legalizing medical marijuana in Kentucky. * Starting in 2025, Kentuckians will be able to apply for a medical marijuana card after obtaining a written certification from their medical practitioner showing a qualified medical condition. But what does that mean for Kentucky Medical Marijuana businesses? What […]

Ohio Adult Use Cannabis

Ohio Adult Use Cannabis

Ohio will vote on Adult Use Cannabis sales in November 2023. If passed, Ohio will be the 24th state to legalize cannabis for recreational purposes. If passes, the new law would allow adults over 21 years of age to possess up to 2.5 ounces of marijuana or 15 grams of marijuana extract. Additionally, Ohio Adult […]

Cannabis Inventory Costing

A wise CFO once tried to explain to me how he wanted the costs associated with the cultivation and production of cannabis good recorded. He described “buckets” that the costs would essentially “go into”. Thus began my journey of researching cannabis inventory costing. What are these theoretical buckets? What costs “go into” these buckets? How […]

Rhode Island Cannabis License

Rhode Island Cannabis License

Rhode Island cannabis became legal in May of 2022. You might remember our blog post “Rhode Island Recreational Cannabis” announcing the first Adult Use sales. At that time, there were only 6 recreational retail locations in the state, and the Department of Rhode Island Office of Cannabis Regulations were still working on the recreational program […]

New Mexico Cannabis License

The New Mexico Regulations and Licensing Department Cannabis Control Division is currently accepting New Mexico cannabis license applications. Currently, there are no limits to the amount of licenses that can be approved by the department. Additionally, there are no city bans on cannabis business locations in New Mexico. The only exception to this is consumption […]

Minnesota Cannabis License

Minnesota is the 23rd state in the nation to legalize cannabis use for people 21 and older! The Minnesota Office of Cannabis Management is currently creating a process for applicants to apply for a variety of license types. Similar to other states, Minnesota will offer the following recreational license types: Each license type has a […]