Fly By Night: Do Your Gummies Take the Red-Eye? {$excerpt:n} The global vitamin supplement market is projected to grow at 6.2% compound annual growth rate (CAGR) to $71.37 billion by 2028 with the most rapid growth now occurring in the gummy vitamin segment. Gummy supplements are expected to have the fastest CAGR at 12.6% to…
Cannabis Industry Sales Tax Utility Exemptions {$excerpt:n} A utility study can help cannabis growers, cultivators and processors identify opportunities for sales and use tax savings by exposing potential refunds. Thirty-five states currently allow a sales tax exemption for utilities used in manufacturing or processing activities. Thirty-four states have published guidance that provides for a formal…
Intimate Care Products with Cannabinoids Need More Safety Data {$excerpt:n} Cannabinoid products for intimate care use are now being sold in the unregulated cannabidiol (CBD) marketplace without proper evaluation of their impact on the vaginal microbiota or women’s health. Cannabinoids can exhibit complex and at times contra intuitive actions. The addition of CBD to these…
Great Brand Design Can Grow Your Business {$excerpt:n} As the cannabis industry grows and the category becomes increasingly crowded, package design is more important than ever. Impactful and meaningful branding is key to getting noticed, differentiating from the competition, connecting with consumers and ultimately making the sale. Today’s cannabis labels are more varied than ever…
The Top 3 Ways to Find the Right Automation Tools for Your Cannabis Operations {$excerpt:n} In an emerging industry like cannabis, there’s always going to be the latest and greatest tool or technology to improve operations that are just in their infancy. In fact, as a cannabis business operator, it’s likely you hear from at…
M&A in Cannabis: A Guide for Buyers and Sellers {$excerpt:n} Mergers and acquisition activity in the cannabis space tripled from 2020 to 2021, and that pace is on track to continue in 2022. With big players entering the global cannabis market, we’re fielding more questions about mergers and acquisitions of cannabis businesses. In this guide, we…
Ukraine’s battle for Medical Cannabis – the Campaigners on the Frontline {$excerpt:n} Advocates in Ukraine have called on the global cannabis community for support. While the war against Russia rages on, medical cannabis advocates in Ukraine say access is vital as the country faces an impending mental health crisis. “The smell of cannabis in…
The CBD Gold Rush Is Over & It’s Great for Consumers {$excerpt:n} Disclaimer: I am not a financial advisor. Nothing contained in this post should be construed as investment advice. CV Sciences ($CVSI), the company behind leading brand +PlusCBD, had a meteoric rise in 2018. The U.S. Farm Bill had just passed, legalizing hemp farming across…
ASTM Approves New Cannabis Standards {$excerpt:n} According to a press release sent out today, ASTM International’s D37 cannabis committee has approved three new standards for environmental conditions during packaging, shipping and storing cannabis and hemp flower. The three new standards are: Standard Specification for Environmental Conditions for Post Packaged Storage and Retail Merchandising of Cannabis/Hemp…
The B2B Marketplace Trend Comes to Cannabis (Finally) {$excerpt:n} Ancillary services are a hot topic in the cannabis industry, as they are in many niche industries turning to B2B marketplaces to connect with specialized expertise and products. Platforms such as Amazon Business, Flexport, SupplyHog and others have emerged to connect mainstream business sectors with the…
