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Marijuana news from around the world

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Employee Management & Human Resources: An Often-Overlooked Part of Building a Business

Well before cannabis businesses win a license application, they need to have traditional business plans outlining how they’ll run the company. While this obviously includes things like the property, the building, products and inventory, it also includes a lot of things that are often overlooked: things like payroll, human resources and employee management. Before a […]

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Digital Insurance Solutions are Ripe for Fast-Growing Cannabis Dispensaries

Cannabis sales in the United States are expected to hit $100 billion by 2030, and yet dispensary owners still face hurdles before getting up and running, namely obtaining the right insurance coverage. Unlike a coffee shop or clothing store, it can be difficult to secure the insurance coverage needed to satisfy the requirements prescribed by the […]

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Facing Cybersecurity Risk? Here are 6 Ways to Minimize it.

The cannabis industry is the latest target for cybercriminals. Why? Because many cannabis operations employ less than 100 workers and few are equipped with sophisticated IT systems and knowledgeable on-staff IT personnel, so they are often easier to exploit. Add the all-cash nature of the business, along with the large amounts of protected health data […]

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Colorado’s psychedelic journey begins this week with first advisory board meeting

In mid-March, the state Senate confirmed Gov. Jared Polis’ 15 appointees to the Natural Medicine Advisory Board, a newly formed commission that will advise regulators on the rollout of psilocybin-assisted therapy.

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A Guide to Dispensary Insurance

As a business owner, insurance is always a must. If you are interested in entering into the cannabis industry or you already have, it’s important to know what to expect when it comes to insuring your cannabis-related business. That’s why we’ll be exploring what dispensary insurance is, different options for business owners and general advice […]

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Challenges Abound for Cannabis Industry Growth in 2023

With an adverse regulatory environment, labor shortages, supply chain disruptions and the always-present threat of property damage and product recalls, cannabis operators are fighting an uphill battle to stay viable in today’s environment. According to Politico, more than 20 of the largest publicly-traded cannabis companies lost about $550 million on revenues of nearly $4.5 billion in […]

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Vicente: This 4/20 celebrate that marijuana businesses and their employees are now “essential”

For decades, April 20 has been recognized as an unofficial marijuana holiday in Colorado and around the country. While this year’s “4/20” may not be marked by large public rallies or concerts due to enduring COVID-19 safety restrictions, there are plenty of reasons for the cannabis community to celebrate — including recent legalization announcements in […]

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Colorado’s marijuana businesses can remain open during pandemic, but they say they’re still struggling

Despite brief, panic-induced surges in business, many contend the cannabis industry is still struggling as Coloradans stay home and job losses mount in a crashing economy.

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Medical pot laws no answer for U.S. opioid deaths, study says

A new study shoots down the notion that medical marijuana laws can prevent opioid overdose deaths, challenging a favorite talking point of legal pot advocates.

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