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CANNABUSINESS CURATOR: 6/15/18

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Gifts for dads
It's Father's Day on Sunday. Do you have a gift for dear-old dad? Maybe it's a tie? Or maybe a wallet? Or maybe it's a ... stash bag? This piece has you covered for cannabis gifts for your cannadad. 

Colorado says no to cannabis cafes
The game-changing bill would have made Colorado the first state in the nation to have a law that made cafes OK. However, this week Colorado's governor vetoed it.

Cannabis usage keeps keepin' on
Cannabis consumption is on the rise in America and Canada, according to the 2018 Civilized Culture Poll. There was an 11% increase in people who use cannabis for both medicinal and recreational purposes compared to the figures from the 2017 poll. That's a jump up from 30% last year to 41%.

Dispensary name generator
Are you opening up a dispensary soon? Looking for a cool name? You're in luck! Civilized has put together a dispensary name generator just for you! Our name (if we were opening a dispensary) is: Ye Olde Bud Cooperative. But, seriously, if you need help with a name and branding, call us!

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CANNABUSINESS CURATOR: 6/8/18

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California cannabis candidates clean up
There was a primary election this week and in California, pro cannabis candidates did very well. This bodes well for the state and maybe the country. As California goes, so does the rest of the country, right?

Don't forget the east
But wait! This piece says the cannabis businesses that have the best long term positioning and highest company valuations are emerging  in ... the east coast. 

Banking blues
Are you a cannabis business owner dealing with a bank account? So, what should a cannabis business do to get a legitimate account with a real financial institution? Plain and simple, make it as easy as possible for the bank or credit union to abide by the FinCEN guidelines. This awesome blog explains more.

Four buzzwords you need to know
There are four hot buzzwords making the rounds in our industry. The top 2? "branding" and "sustainability." Brands will need to learn to speak to new consumers in a different way. "Mainstream society--the prime target for cannabis--the 30-something professional, don't want to feel edgy." Great piece. Give it a read. 

Nice package
Speaking of brands, packaging is integral to brand building. And for cannabis businesses, it's "growing in importance in increasingly competitive--sometimes even oversaturated--markets." Like beer and wine, your brand needs to tell a story and connect with your customers. If you thought packaging was kind of boring, read this. 

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CANNABUSINESS CURATOR: 6/1/18

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Maryland gets moving
Hey hon - did yous hear the news from Maryland? With 102 dispensaries open, more and more terps are in the bathtub now. 

Overcoming marketing hurdles
Are there challenges of advertising cannabis companies through digital media channels? That would be a huge yes. Is there an answer? A solution? While many innovators are working on the digital riddle, social media influencers continue to be a huge help.

A new kind of tea party
In L.A., there's a tea brand that's helping put on "high tea" parties, private events "where women can sample cannabis tea in a setting that's non-intimidating for the uninitiated."

And don't forget the cupcakes
Cannabis cupcake company Jade & Jane just released single serving, recreational 10mg THC-infused cupcakes. Jade & Jane's products are available to retail customers through licensed Colorado recreational dispensaries.  

Tasting rooms in Oregon?
Maybe? Some cannabis retailers hope "that someday soon, tasting rooms can be added to retail establishments, just as they may be added to wineries and breweries." And maybe someday, cannabis flight samplers? We can only hope.

Headline of the week
How to Finance Your Cannabis Business Without Relying on Friends and Family

What about neighbors?

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CANNABUSINESS CURATOR: 5/25/18

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Regenerative ag the next big thing?
As commercial cannabis farms grow (in more ways than one), being sustainable will become more of a challenge. How does one define sustainable? Sure, it's the same as growing any kind of crop: amending soil, plant diversity, and a thriving ecosystem. Enter regenerative agriculture.

Unhoppy brewer
SF brewers Black Hammer were among the first to sell CBD-infused beer. And now, the Alcohol and Tobacco Tax and Trade Bureau (TTB) has sent them a cease and desist production of its CBD beers. Why? CBD isn't on a list of approved non-standard beer ingredients. What the what?

Hydropothecary launches HEXO
Hydropothecary this week introduced HEXO, a new brand for the recreational adult-use cannabis market. They'll continue to use its existing Hydropothecary brand for the medical cannabis market. Interesting take: two separate brands for each. Smart move.

Interesting factoid
In 2017, sales of medical and recreational cannabis in the U.S. were nearly nine times higher than Oreo cookies, which puts cannabis almost on par with America's collective spending on Netflix subscriptions. That's just one of three insightful stats shared by MJBiZDaily.

Understanding potency testing
The purpose of potency testing is to "demonstrate compliance, accurately label products and ultimately obtain a certificate of authenticity from an accredited third-party lab." That's according to Alexander Makowski, chief scientist at Sage Analytics (and our awesome client who was featured in Cannabis Business Times recently).

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CANNABUSINESS CURATOR: 5/18/18

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Merger mania
Add four more big companies to the merger game (it's getting hard to keep track). Baker Technologies, Briteside, Sea Hunter, and Sante Veritas Holdings, have announced a merger to produce the "first fully integrated, multi-national cannabis company focusing on delivering a broad array of industry solutions." They're calling themselves TILT.

Cannabis chains
No, not the shackled kind, but franchises. This piecelooks at one company that's hoping to set up a franchise of shops throughout Oregon. Locals might not be stoked (since much of the money is coming from out of state) but buyers might be. One thing you can say about franchise shops? They're consistent.

Canada, cannabis and beer
Canada's beer industry is "expressing concern that the recreational marijuana market is going to cut into its profits, and it wants the government to raise the proposed tax to level the playing field."

California's cannabis sales in Q1?
The California Department of Tax and Fee Administration (CDTFA) has released revenue numbers for cannabis sales in the first quarter of 2018: $60.9 million since January 1, 2018. Shwing.

Zine envy
We do a lot of poking around the internet to bring you the freshest news each week. And, as part of that, we read a lot of slick magazines, digital pubs, blogs, local paper zines, you name it. We're stoked at all of the great reporting on the industry happening right now. 

Each week we'll bring you a favorite. This week? Herb.Started out as The Stoner's Cookbook, re-branded as Herb they not only cover cannabis (news, politics, lifestyles) but in their own words: "We are not the couch-locked stoner caricature sketched by politicians with a hidden agenda and a lack of imagination."

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CANNABUSINESS CURATOR: 5/11/18

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Higher Ground featured in Reason magazine
Cannabis-based companies have to navigate complex state-by-state regulations in order reach customers. Despite growing popularity and market value, it's difficult to advertise for cannabis companies. Read Robert O'Shaughnessy's thoughts on how you can navigate advertising hurdles (and if you want to learn more, let's talk).

Is too much cannabis a bad thing?
It might be great news for consumers, but not so much for growers. This article explores how some farmers have grown three times what the market can ingest, causing bud prices to plummet and some real worry in the community.

The 'Apple store' dispensary
Sure, many dispensaries still have unwelcoming, dim lights and plywood aesthetics, but many have taken it to the next level, with "clean lines, shining floors, and minimalist setup." One company profiled in the piece uses six color-coded cannabis-based formulas, which are designed to promote "wellness," "harmony," "awake," "calm," and  "sleep." And we think that's rad.

Need a gig?
There are an estimated 125,000 to 160,000 people working in the cannabis industry right now and budtenders could be the biggest in-demand position in the growing cannabis industry. Read why.

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Higher Ground's Robert O'Shaughnessy featured in Reason magazine

 Robert O'Shaughnessy, co-founder/partner at Higher Ground

Robert O'Shaughnessy, co-founder/partner at Higher Ground

The headline says it all: Even Where Weed Is Legal, Government Regulation Makes Advertising It a Nightmare

It's true. Here's the opening salvo: 

Cannabis-based companies must navigate complex state-by-state regulations in order reach their customers. Despite their growing popularity and market value, cannabis products remains difficult to advertise.

Our own Robert O'Shaughnessy was featured in the piece providing insight on how cannabis companies—even those in states where it's legal—how to navigate some pretty choppy waters when they want to advertise, including their own followers on social media. 

There are ways to be successful in doing advertising under the rules, for sure (hint: you need to be more creative). Here's another thought from the piece: 

Without the largest internet platforms to boost their digital strategy, cannabis companies must get creative when targeting their customers. 

Read the whole piece here. And if you're confused about the regs and rules and want to get your newly launched brand out into the world without it being blown out of the sky? Let's chat!

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CANNABUSINESS CURATOR: 5/4/18

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Two puffs and done?
A new study claims that medical cannabis users found relief from symptoms of anxiety, depression, and stress from as little as a single puff of cannabis. Researchers noted a "50 percent reduction in symptoms of depression, and 58 percent reduction in anxiety and stress after cannabis use. As little as two puffs was sufficient to alleviate depression and anxiety, while 10 or more puffs showed effectiveness for stress."

Ding dong: Special delivery
California cities and towns are still allowed to ban sales of cannabis in their jurisdictions (whatever, dudes). However, a new bill in front of the California Senate "would allow marijuana companies to deliver their products anywhere in the state, including cities where legal sales are still banned." That's quite a nice loophole.

Print is not dead
We love print. We love when a new magazine launches. This piece looks at the slew of new ones hitting the market. The design? Top notch, as is the content.

A farm, in the middle of L.A.
When you think of growers and farms, oftentimes the vision of a bucolic farmhouse and rolling hills or a warehouse with LED lights come to mind. Here's a profile  of a farm, in the middle of L.A., that not only grows cannabis, they do it sustainably. For instance, they capture, reclaim and reuse between 1,500 and 2,000 gallons of water per day from dehumidifiers and central air conditioning. Super cool. 

Israel is worth watching
Despite Israel's pioneering role in medical marijuana, its cannabis market now faces uncertainty as canna-business stocks and pot exports encounter government scrutiny. Read more here. 

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CANNABUSINESS CURATOR: 4/27/18

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The average cannabis user is...
Civilized recently teamed up with PSB Research to conduct a poll of over 1,000 Americans to get their thoughts and feelings about marijuana (and a clearer picture about who uses cannabis). Drum roll: "essentially the average American marijuana user is a white man in his 30's with no children living near or in a major city and a middle-class job and did not vote for Donald Trump in the 2016 election." Alrighty then.

LEED for weed?
Amanda Chicago Lewis from Rolling Stone is one of our favorite writers reporting on cannabis right now. This piece looks at the massive energy amounts large-scale growers are using. The solution might be a similar program to the popular LEED program to provide a similar point system for growers to lessen their impact by using energy-saving tactics like LED lights.

Mandatory pesticide testing in Washington?
Washington state marijuana business owners are "urging regulators to require cultivators to test adult-use crops for pesticides. "Some cultivators," according to the article, "hope such a move, already adopted in other states, would inspire confidence among consumers and bolster recreational marijuana sales."The downside? Small growers worry they won't be able to afford the testing.

First-Ever National Advertising Rules
The National Association of Cannabis Businesses (NACB), the first and only self-regulatory organization (SRO) for U.S. licensed cannabis businesses, has published for comment the NACB Advertising National Standard. The Standard is designed to help NACB members protect consumers and demonstrate to regulators, financial institutions and the public that NACB members operate at the highest levels of ethics and responsibility. 

Clients in the news
Zack Ruskin did a bang-up job (another writer covering some deep cannabis topics these days) reporting on the challenges of California's higher prices, long-time dispensary customers walking away, and maybe a possible solution. In the piece, Berkeley Patients Group COO Sean Luse explains the hurdles-and the opportunities.

Headline of the Week

This architect used to work for Disney. Now, he designs cannabis retail stores.

We're struggling to find a Mickey Mouse cannabis joke here. Read the piece anyway, it's fascinating. 

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Higher Ground client, BPG, featured in SF Weekly

http://www.sfweekly.com/news/where-do-we-grow-from-here/amp/

When California celebrated recreational cannabis on January 1, there were jubilation and cheers. Rightly so. Since then, there have also been some growing pains, most notably bureaucratic red tape (as expected) and taxes (no surprise) that have forced dispensary owners to raise prices.

In this piece from the SF Weekly, reporter Zack Ruskin talks about how those higher prices have driven long-time dispensary customers in California to grow their own cannabis. (Interestingly enough, in Oregon, the prices are dropping because of an over-abundance of crops.)

However, there might be a temporary solution: AB 3157, a California Assembly bill that would reduce the state’s excise tax from 15 percent to 11 percent and temporarily suspend a cultivation tax imposed on growers.

Read how our client, BPG, who’s exclusively interviewed for the piece, explains the hurdles—and the opportunities.

 Carol Ruiz, co-founder/partner, Higher Ground

Carol Ruiz, co-founder/partner, Higher Ground

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Hey, it's 4/20. Do you know where your news is?

 In Portland,  Serra  is delighting customers.

In Portland, Serra is delighting customers.

Newsflash: It's 4/20. 

Actually, no, that isn't a newsflash. If it is, you're probably in the wrong industry. But because it is 4/20, you're probably not doing a lot of news reading. (If we're lucky, you've gotten this far). Hopefully your sales are soaring high and maybe you might be. 

So instead of our usual news roundup (where each week we diligently pour through the web to find you the finest cannabis news possible), we present some possible events you might attend and a couple of items that caught our eye this week.

Happy 4/20 Day! 

High design
It's no secret that dispensaries are getting fancier. Here are two we've recently visited. In downtown Portland, Serra is delighting customers. With sleek design (featured in gobs of design magazines), they also offer something called Happiness Hour, featuring in-house demos and other special offers. Also in Portland (there's a trend here), is one of the first CBD-only shops. The CBD Hemp Store (not the most original name) offers shoppers the chance to peruse CBD products in the store or online. If you're not quite ready to go into a cannabis shop with tons of THC, this might be your place.

Dropping their latest
SPARC, a San Francisco medical marijuana dispensary, totally gets it. They've collaborated with @jazzdispensary to launch an exclusive limited edition 45rpm single. Private Stock #001 features Bobby Rush's funk nugget, "Mary Jane" and Rusty Bryant's tried and true burner "Fire Eater" on the flip. The 45 will be available at all 4 Sparc locations on April 20, 2018.

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Some choice 4/20 events

 

http://www.mybpg.com/blog/4-20/

Berkeley's own BPG (one of our rad clients) has a whole day of events planned with extended hours and will be the only dispensary in the Bay Area open from 6am-10pm on 4/20. The first members to arrive will take advantage of our Sunrise Specials, and enjoy coffee, donuts, and other fun giveaways.

Los Angeles will have tons of events going on. This one caught our eye: Magic Bus Experience: A Multi-Sensory 4.20 Event. It's a 60,000 square foot psychedelic wonderland "comprised of multiple whimsical environments inspired by marijuana culture." Four words: Adult-sized Pillow Fort. It's all day (until 4:20).

San Francisco will have its Annual 420 Gathering on Hippie Hill. For more than 50 years (!!), Hippie Hill has served as the iconic cultural landmark and gathering point for annual 4/20 celebrations, with nearly thousands of revelers attending 4/20 at Hippie Hill in 2017. This year will be no different.

Denver is having a Mile High 420 Festival. The event will have three stages of entertainment, with local craft and food vendors set up throughout the day. The festival is free to attend. Also in Denver is Myxed Up 420. The shop will be celebrating throughout the day, giving away free merchandise and munchies as the Myxed Up party bus is parked outside for legal, social pot consumption (21+). The party is free to attend, but RSVP on Facebook first.

In Boston, it's 420 Paint & Smoke BYOC. Paint and Smoke and enjoy live performances, giveaways, vendors, raffles and free paint and art supplies. In Western Mass in Worcester Canna Bros Presents: The 1st Annual 420 Ganja Galla, featuring Art Exhibits 4pm, VIP Cocktail and Appetizer Pre Mixer presented by Canna Bros Catering and musical Performances.

If you're in DC, wait a day (4/21) and attend the National Cannabis Festival. The concert features a headlining performance by hip-hop royalty Cypress Hill (but come for a whole day of music and good vibes).

Seattle's Hempfest (for members only-sign up for $15) will gather, raise spirits and reaffirm its convictions. There will be pizza, dessert, DJ's, music, & a raffle to support Jimmy Romans who is serving 30 years for cannabis distribution. 

In Portland? Local brewer Coalition is putting on the (first?) CBD Beer Fest. They'll have several CBD beers on tap, and a panel discussion.

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CANNABUSINESS CURATOR: 4/13/18

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Boehner evolves
No doubt you've heard about John Boehner and his newly improved opinion on cannabis. But just in case, he casually mentioned on Twitter that his "thinking on cannabis has evolved" (and he's looking to get into business). 

Has he come to regret any role he had in his years with that big R next to his name including the role of his party in the history of mass incarceration for possession of this plant? Was there a particular strain passed among friends that caused him to see the light, and, if so, can we get some? 

Our take: de-stigmatization is a good thing, so this is a good thing. Plus maybe he can put in a good word with his buddies at DOJ to leave us alone.

The kids are alright
A high school sophomore recently won the local science fair for research on the relationship between cannabis and cancer. For the project, they examined the "effects of cannabinoids on squamous cell carcinoma, the second most prominent form of skin cancer, often spurred by excess UV exposure and tanning beds." Nice work. Our last science fair years ago involved a lame volcano that fizzled out.

Hops and cannabis
We're fans of botany. We love hops. We love cannabis. That said, the cannabis beer scene (yeah, that's a thing) is growing quickly. One example: a new company, CERIA, plans to brew cannabis-infused beers that are "very different to the ones that have entered the market so far." Intriguing.

Canada, Coffee, Cannabis
The Second Cup, a huge Canadian coffee chain says it plans to "open a network of recreational cannabis dispensaries, starting in Western Canada and then potentially moving east to other provinces where the drug is expected to soon be legal." Whoa.

Headline of the week
Cannabis museum to open in July in downtown Las Vegas

And it's going to feature a 360-degree theater.

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