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CANNABUSINESS CURATOR: 3/15/19

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The black market thrives
And here's another downside that isn't talked about too much: "There's simply no way to know what you're buying if it's not coming from a reputable seller, leading to numerous health and safety risks for consumers who are purchasing untested, unregulated cannabis." Yep.

Investing? Know this
Many folks are jumping on the cannabis investing bandwagon. Rightly so. This piece looks at solid tips you should consider. Like, maybe invest in Canada, do your research and invest in real companies (you'll find this out from doing your research).

Cannabis at SF events?
The good news is yes, (well, legally) and probably through permitting with regs that could lead to smoking - and selling- cannabis at San Francisco events. The bad news? It's probably not going to be on the books until after 4/20.

Grower profiles
We can't get enough of interviews with growers and cultivators. This series looks at what challenges growers face, techniques, and legal advice. This Q&Alooks at a sungrown cultivator.

Headline of the week
This Is The Best Way To Store Marijuana For The Apocalypse, According To Science
Attention preppers: Here's how.

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CANNABUSINESS CURATOR: 3/8/19

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Cannabis at college
A growing number of colleges are adding cannabis to their curriculum to prepare graduates for careers cultivating, researching, analyzing and marketing the herb. Higher education indeed.

Hot cannabis products in 2019
 
No huge surprises here. Based on sales, vapes, gummies, CBD tinctures, chocolate, and gummies are hot. In other words, people are "moving away from flower and towards cleaner, more convenient, non-smokable forms of ingestion."

Dirty talk
It's good to see cultivators choosing to go beyond premixed fertilizers and bagged dirt. Some are increasingly moving toward an alternative way to grow healthier plants and save money: living soil. (In other words, planting material that centers on compost with active microbiology and biodiversity, like worms and their castings, protozoa, healthy bacteria, amoebas, kelp extracts, and even glacial rock dust.) 

Is it 2021 yet?
The 2020 presidential campaigns "are very much in their infancy, but one clear winner already is marijuana legalization, which has received wide support from the Democratic candidates." But will "support" translate into "legalization?" Time will tell. 

Team cannabis
The NFL might make "major concessions" regarding its substance abuse policy in the next collective bargaining session with players. There's chatter that the "complete removal of all cannabis use restrictions could be possible." 

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CANNABUSINESS CURATOR: 3/1/19

Go yeast
Scientists have developed a strain of yeast that can be used to brew cannabis extract rather than beer. The scientists say "the process is considerably cheaper, safer and more environmentally friendly than extracting the compounds from marijuana plants." Go science.

Special delivery 
We love entrepreneurs. And in our industry there are many. This piece looks at how one entrepreneur used his knowledge of food delivery to build a cannabis delivery service. It seems so easy, right? (It wasn't). Inspiring piece. Read it.

Tech for the win (again)
This piece comes out swinging: "Technological advances are revolutionizing every sector of the marijuana industry, transforming a market that largely is seen as an agricultural industry." True, true. The list is long and it includes one of our favorite technologies: lighting.

Learning from craft breweries
This interview with a brewery vet looks at the similarities between the two industries and what we can learn from the craft beer folks. Like? Will buyers want cheap mass-produced product over local, craft product? Will smaller, beloved companies sell out to the highest bidder? Will companies care more about making big bucks than making a great product? 

More on that MedMen movie
In last week's Curator, we mentioned Spike Jonez' new film about cannabis he's creating for MedMen. Here's an interview with fellow collaborator Jesse Williams in MedMen's own branded (and completely rad) magazine, Ember. 

Martha, Martha, Martha
Martha Stewart is partnering with Canopy Growth to "develop a line of CBD products." Things are happening fast in 2019, right? 

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CANNABUSINESS CURATOR: 2/22/19

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5 ways you might go extinct
No, not you, your cannabis company. Now that the industry is somewhat starting to shake out, it's not good enough to be a cannabis company with a business plan. Are you compliant with current regs? Have enough capital? Here are five ways you can go extinct.

Beauty and the green 
This piece looks at beauty products  with CBD making their way onto shelves in major retailers. It's more than a trend. The beauty industry could boost the overall CBD market to potentially be worth $50 billion to $100 billion.

Old mills, new life
Once, long ago, Massachusetts was filled with thriving textile and paper mills that were then abandoned by the middle of last century. Now, some are being retrofitted for condos, breweries and yep, now cannabis companies.

Combating the black market in California
California has announced an expansion of efforts by the California National Guard to work with federal officials to target the cannabis black market, including unlicensed cultivators in Northern California operated by international drug cartels.

File under, cool
Spike Jonze (videos by Weezer, the Beastie Boys, Fatboy Slim and too many films to mention) has been tapped by the upscale cannabis producer and retailerMedMen to direct a short film on cannabis history. We'll be first in line. 

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CANNABUSINESS CURATOR: 2/15/19

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Big step in cannabis banking?
A House committee hearing on Wednesday urged lawmakers to pass a proposal that would allow cannabis businesses "to access loans, lines of credit and other banking services, while sheltering financial institutions from prosecution for handling pot money." It's a big win for our industry. Why? The proposal made it in front of the hearing committee. That's a huge step and one we hope will eventually lead to increased open banking.

New deals with Canada
Despite the legal hassles to partner with our northern neighbors, two major Bay Area cannabis companies announced this week to join "forces with Canadian partners to build and expand their brands here at home." Oakland's Harborside and San Francisco's Apothecarium announced deals with Canadian investors. Open up the flood gates? Read more here.

Big pharma vs. reality?
Person 1: The legal cannabis industry is nothing but drug pushers! We need more research on how harmful cannabis is!

Person 2: We could change the laws or support new funding then to see?

Person 1: Nope. 

So much stigma, and identifying who the real pushers are. Read it all here.

Luxury cannabis
Like, really luxe. Barneys New York announced it will become the first major retailer to open a luxury cannabis lifestyle and wellness concept shop called "The High End." It's in Beverly Hills, natch. They plan to sell accessories and lifestyle products including vaporizer pens and pastilles and CBD products.

Netflix: Their reality vs. your realityWhat does Netflix have to do with cannabis? Plenty, if you get our drift. How many hours and nights have you spent scrolling Netflix in search of something to watch but settling on The Office (again)? This handy chart from Civilized spells out the Netflix experience brilliantly. Sure we still love Netflix but these really nail it. Our favorite:
Expectation: Easily browse between the genres you love.
Reality: Four movies listed across eight genres.
Heh. 

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CANNABUSINESS CURATOR: 2/8/19

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Who will be the big winners?
When, not if, cannabis and products with THC become legal across the country by the Feds, what companies will be on top? According to this piece, it's up in the air but the Canadians are primed to rock and or roll. Big U.S. brands have certainly established themselves but it "leaves a big hole for Canadian operators." And, speaking of Canada, we've been hearing increased chatter on legit Canadian businesses being banned from the U.S. Wow. 

Flower vs. extract
You've got flower people and extraction people. Each like the way their choice of partaking performs, tastes, or acts. But there are factors looming on the market: extract is on the rise while flowers might be shrinking. Here are six reasons why.

California's market, one year later
We had the chance to attend Arcview's International Investor's Forum earlier this week in LA by supporting our client, CanIDeal, and getting to know them better. We also walked away with some super insightful knowledge from the sessions. In fact, we wrote a post on where California is in the industry one year after legalization. Read it here.

Come meet us in Boston!
We're at the Seed to Sale show in Boston next week. We'll be walking the showroom floor, meeting new people, and hopefully meeting YOU. Want to grab a beverage and talk marketing or just hang out? Get in touch!

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California’s cannabis market, one year later

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At Arcview’s International Investor Forum in L.A. this week, we learned so much, supported our client CanIDeal and had a great time getting to know their fun and capable team, and even got the chance to sit in on some fantastic panels as well.

We were struck by one panel In particular, “The California Market: One Year Later,” moderated by the California Cannabis Industry Association’s Executive Director, Lindsay Robinson. Here are some of my quick takeaways from the session, with the key theme of challenges ahead.

It was a challenging first year and the first year that profits fell. Lack of enforcement, high taxes, choke points on the licensing structure, and compliance in distribution will also continue to be factors. Expect new regulations in 2019 which can mean new challenges for those not immersed in the regulatory environment.

Illegal businesses are also causing layoffs with businesses that are playing by the rules and care about compliance, law enforcement and cannabis control are lacking funding, while testing product continues to be confronted by changing testing methodologies and finding labs that give the best results. This is compounded by the fact that ISO-accreditation will soon kick in, requiring a 3rd party to confirm labs have operations that are up to par with requirements.

 However, it’s not all gloom and doom, in fact, these challenges are pretty typical for any new industry (well, new in the legal sense).

 The big takeaway of the session for us? The strong will survive. Onward in 2019!

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CANNABUSINESS CURATOR: 2/1/19

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Green jobs on the rise
Our industry is growing in more ways than one. A new report from Glassdoor says employers in the cannabis industry are rapidly expanding hiring even in the face of legal risks at the federal level. They also found 1,512 cannabis industry job openings in the U.S. in December 2018, a 76 percent increase over the same period in the previous year. (Job hunting for marketing or PR work? Let's talk.)

Oregon's cannabis regulators under fire
A new state audit in Oregon claims regulators are lagging in tasks like mandatory inspections (with a testing system that "threatens to expose consumers to contaminants") or addressing the black market. Growing pains.

We like this kind of research 
The University of Berkley launched the Cannabis Research Center which will the "explore the environmental and social impacts of cannabis legalization." According to the new center they will "seek to inform public dialogue and contribute to the development of prosperous communities and healthy environments."

Come meet us in Boston!
We're hitting the new year running and will be attending the Seed to Sale show in Boston next month. We'll be walking the showroom floor, meeting new people, and hopefully meeting YOU. Want to grab a beverage and talk marketing or just hang out? Get in touch!

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CANNABUSINESS CURATOR: 1/25/19

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Not your grandparent's bar
Here's a look at the Barbary Coast lounge in San Francisco. Sure, it looks like some speakeasy hipster hangout that makes pre-Prohibition drinks and yet? Customers are "smoking, vaping and eating cannabis. Barbary Coast is one of the few legal spots in the U.S. where people can consume cannabis outside of their homes." 

Our take? It's so close to perfect and would totally be perfect if they could make some nooks and crannies available away from a giant TV being in your sightline. Do we really need that many televisions while we get high?

No cannabis ads for the 'big game'
The big game? We aren't allowed to name it because we don't want the NFL sending us fan mail. Anyhow, you won't be seeing any cannabis ads. CBS rejected an ad from Acreage Holdings. We're sure glad there's going to be tons of cheesy Budweiser ads to make up for it though. So, so glad.

New data on California cannabis usageThere's so much amazing data from a new report by Eaze so we're going to break it down each week for a couple of weeks. This nugget stood out: 71 percent of cannabis consumers say they reduced or eliminated their over-the-counter pain treatment, while 60 percent reduced or stopped their alcohol consumption. That's stunning.

Come meet us in Boston!
We're hitting the new year running and will be attending the Seed to Sale show in Boston next month. We'll be walking the showroom floor, meeting new people, and hopefully meeting YOU. Want to grab a beverage and talk marketing or just hang out? Get in touch!

We're in LA, too
We're also attending The North American Cannabis Summit next week in Los Angeles. The summit will feature public health officials, government representatives, and regulatory, health, science, social justice, and equity professionals from across the United States, Canada, and Mexico discussing the most pressing and debated topics surrounding cannabis. Let's connect!

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CANNABUSINESS CURATOR: 1/18/19

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Governor's cannabis scorecard released
NORML released its 2019 Gubernatorial Scorecard, rating US governors based on where they stand on cannabis policy. Twenty-seven US governors received a passing grade of 'C' or higher (22 Democrats, 5 Republicans). Of these, nine US governors - all Democrats - received an 'A' grade, marking a significant increase since 2018, when only two governors received 'A' grades.

Cannabis spending goes higher
Worldwide consumer spending on legal cannabis is expected to reach an estimated $12.2 billion in 2018, a significant jump from $9.5 billion in 2017, according to a new report from Arcview Market Research and BDS Analytics. The report forecasts that spending will accelerate in 2019, jumping 38% to $16.9 billion, and going on to reach $31.3 billion in 2022.

Is Texas ready to join the club?
Will this be Texas' year? Will lawmakers build a viable medical cannabis program or limit patients' access to effective medicine? Currently, only "registered patients with intractable epilepsy who have exhausted other treatment alternatives can purchase low-THC CBD oil-the only form of cannabis that's legal in the state." Currently, there are two key medical cannabis bills in action. Do the right thing, Texas.

Get answers to Michigan's legalizationNCIA's State Regulations Committee is hosting an interactive webinar to help answer pressing questions, like what happens next and what should market entrants be doing to get ready. Join Maureen McNamara, Michael Cooper, and Barton Morris as they help fill in the blanks for adult-use regulation in Michigan. Register here.

Come meet us in Boston!
We're hitting the new year running and will be attending the Seed to Sale show in Boston next month. We'll be walking the showroom floor, meeting new people, and hopefully meeting YOU. Want to grab a beverage and talk marketing or just hang out? Get in touch!

We're in LA, too
We're also attending The North American Cannabis Summit on January 28-30 in Los Angeles. The summit will feature public health officials, government representatives, and regulatory, health, science, social justice, and equity professionals from across the United States, Canada, and Mexico discussing the most pressing and debated topics surrounding cannabis. Let's connect!

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CANNABUSINESS CURATOR: 1/11/19

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Sustainable is more than a word
Being a sustainable business is a slippery slope. What does it really mean? Recycling? No or less chemicals? Energy-efficient building? Our industry is no different. It's hard enough to be sustainable but are state regs getting in the way to make it even more difficult?

Eat, drink and be Mary
Cannabis-infused food and drinks are the top two dining trends chefs expect to see in 2019. Mostly made with CBD, diners we presume will get the health benefits and more interesting tastes. (We have to admit our experience with cannabis-infused food and drink has been a bit, um, different if you catch our drift.)

Mass cafes
Massachusetts might be on the road to licensing cannabis cafes. Several recommendations were made this week on "regulations which must still be approved by the full Cannabis Control Commission before any cafes or home delivery businesses can open." Pack a lunch. That sounds like a long road ahead. 

Come meet us in Boston!
Speaking of Massachusetts, we'll be attending the Seed to Sale show in Boston next month. We'll be walking the showroom floor, meeting new people, and hopefully meeting YOU. Want to grab a beverage and talk marketing or just hang out? Get in touch!

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CANNABUSINESS CURATOR: Happy New Year!

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You take a few days off and the whole industry goes crazy. OK, we're exaggerating but still, some interesting developments to end the old year and begin the new one. If you missed our year-end roundup, check it out here. Happy New Year!


Farm bill signed. What's next?
Over the holiday break, a new $867 billion farm bill was signed into law. It could be the "first real step the federal government has taken towards legalization almost 50 years."

Definition of not great again 
Speaking of the federal government, hemp farmers in Utah are ready to roll! Great news. Wait, what's that? They have to pass an FBI background check before commencing? And the folks who do that are being furloughed? Cough government shutdown cough.

Appetite for apps
Ordering cannabis from an app in California is not super earth-shattering but when the BBC starts writing about it? It's legit. In fact, one app has seen an 80% increase in sign-ups since January 2018 when recreational cannabis officially became legal in the state.

California: One year later
Speaking of California and legalization, where is it since last January? According to the New York Times, its "experiment in legalization is mired by debates over regulation and hamstrung by cities and towns that do not want cannabis businesses on their streets." Welp.

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