Israeli Begins Granting Export Permits {$excerpt:n} On May 13, months after the Israeli government originally signed off on cannabis exports, a free export order was finally approved by outgoing Minister of the Economy Eli Cohen. This is also sixteen months after the government approved exports of locally grown cannabis (at least in theory) and after…
Did Strip Clubs Open the Door for Cannabis Businesses to Receive PPP Loans? {$excerpt:n} In our previous posts, we discussed why state-legal medical and recreational cannabis businesses are likely not eligible to receive federal financial assistance under the Paycheck Protection Program due to the fact that these businesses are inherently engaged in federally illegal activities. While…
7 Factors to Consider When Choosing Cannabis Software {$excerpt:n} These days, there are countless choices for cannabis operators when it comes to software. There are general tools like Trello, Airtable, Hubspot and Mailchimp. And then there is industry-specific software built just for cannabis operators. The cannabis industry is fast-paced and highly regulated. So, there are…
How to Grow a New Cannabis Business Amid a Pandemic {$excerpt:n} The COVID-19 crisis is plunging the global economy into recession, changing consumer behavior and the world of business. Cannabis businesses are no stranger to operating in a challenging landscape. The constantly evolving legal status, regulatory hurdles and social stigma has forced founders in this…
Effective Brand Engagement for Cannabis Businesses on Social Media {$excerpt:n} Although the COVID-19 crisis has halted many normal business practices, that doesn’t mean that high brand engagement rates have to come to a close. In many states, the cannabis industry has been deemed an essential business. This designation as ‘essential’ opens up a prime opportunity…
Business Development Impact: Chalice Farms {$excerpt:n} The Brand Marketing Byte showcases highlights from Pioneer Intelligence’s Cannabis Brand Marketing Snapshots, featuring data-led case studies covering marketing and business development activities of U.S. licensed cannabis companies. Here is a data-led, shallow dive on Chalice Farms: Chalice Farms – Business Development Impact Based in Oregon, this company is a…
Managing Supply Chain Challenges During a Crisis {$excerpt:n} Discussion of supply chain disruption has permeated media reports almost daily since the advent of the current COVID-19 crisis – from shortages of toilet paper to cleaning products and meat. Cannabis businesses have not been immune to impacts on their supplies, and for an industry that faces…
Solutions & Alternatives to Bankruptcy for Cannabis Businesses {$excerpt:n} A Cannabis Related Business (or CRB), whether a plant-touching operation or a provider of goods and services to plant-touching operations cannot seek protection from the bankruptcy court as it is a federal court and cannabis remains illegal at the federal level. As such, a CRB does…
The British Isles Sees Cannabis as an Economic Development Pathway {$excerpt:n} Cannabis as a tool of local or even regional economic development has rapidly gained traction in many jurisdictions within the United States and Canada. It has also caught on particularly in the poorer states of the EU (see Greece) and those countries hoping to…
SAFE Banking Act Included in COVID-19 Legislation {$excerpt:n} Earlier today, Speaker Nancy Pelosi debuted the latest piece of legislation to help Americans impacted by the coronavirus pandemic. The Health and Economic Recovery Omnibus Emergency Solutions Act (HEROES Act) is a large bill containing emergency supplemental appropriations more than 1,800 pages long. On page 1,066, those…
