Articles by tag: cannabis
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Biden Nears Win as Japan, Dutch Back China Chip Controls
For more on the West’s race to implement China chip controls, read Bloomberg’s explainer on the computer chip “arms race.” (Bloomberg) — Japan and the Netherlands are poised to join the US in limiting China’s access to advanced semiconductor machinery, forging a powerful alliance that will undercut Beijing’s ambitions to build its own domestic […]
NYSE Mayhem Traced to a Staffer Who Left a Backup System Running
(Bloomberg) — More than 700 miles from Wall Street, the New York Stock Exchange’s backup data center on Cermak Road in Chicago is supposed to safeguard US markets, standing by at all hours in case disaster ever strikes the world’s largest venue for trading shares. When markets are closed, it participates in a well-worn routine, […]
California Storms Have Farmers Rushing to Avoid Crop Shortfall
(Bloomberg) — California farmers are facing costly damages from weeks of severe California storms that may trigger more expensive US fruits and vegetables in a time of massive food inflation. “The numbers are going to be somewhere in the hundreds of millions and perhaps in the billions,” Dave Puglia, head of the trade group Western […]
The Industry That is Depending on Science and Regulation to Grow
Yuran Li, Director, MS Commercial Strategies, Alternative Biomedical Solutions (ABS), is a biochemist by training. Still, his fascinations with physics, math, and probability have led him down some interesting paths, including some stints in the professional poker world. Lucky for ABS, he chose the science route. Cannabis is a schedule 1 drug classification by the […]
How Science and Technology is Revolutionizing the Cannabis Industry
Cannabis development is highly attributed to plant breeding and targeted cultivation strategies. Crops themselves are entirely different from those in the 1970s, and we’ve learned a lot by fine-tuning our techniques. According to Anders Peterson, Cannabis Operations Specialist at InSpire Transpiration Solutions, science and technology have been game-changing for cannabis development. “We’ve been able to […]
Uber Eats to Offer “Baked Goods” with Canadian Cannabis Partnership
Thanks to the accelerated need for buying goods online since the start of the pandemic, digital on-demand orders are a retail expectation even for a still growing market like cannabis sales. As the cannabis dispensary market continues to grow and with potential industry reform on the way, statistics show consumers would like to see even […]
Why Did Lawmakers Couple Cannabis Banking Reform with Defense Spending?
If you’ve heard about the SAFE Banking Act on the news quite a bit lately, you may be wondering why. Lawmakers are considering giving banks legal cover to serve cannabis companies in states where the substance is legal. But why it was included in a military defense and spending act AND how will this banking […]
Cannabis Companies Prepare for Potential Marijuana Banking Reform
The legal marijuana movement saw a glimmer of hope for a more scaled and structured industry in September; the U.S. House of Representatives approved an amendment to the National Defense Authorization Act that would protect banks against federal retribution if they service state-legal marijuana businesses. This amounts to the fifth time in recent memory that […]
Will Cannabis Banking Reform Mean Better Marijuana Marketing Campaigns?
Marijuana companies wait with fingers crossed for recent legislative action to go through the Senate, President Biden’s desk, and finally be codified into law, in hopes of easing the financial and operational burden for dispensaries, product developers, and more. The U.S. House of Representatives, as part of its National Defense Authorization Act, has approved an […]
How One Restaurant Chain Rides the Green Wave
Food is serious business. Now, on The Main Course, host Barbara Castiglia will invite insiders on the front lines of food to share their expertise, strategies, and forecasts for navigating the ever-changing restaurant industry. Established in 1998, Cheba Hut is the first marijuana-themed sandwich “joint” that provides customers with made-to-order food in an eclectic fast-casual environment. Seth […]
Simplifying Cannabis Dosing for Patients and Healthcare Professionals
Cannabis use is growing, particularly for medical purposes. In healthcare, it’s being used to treat a variety of conditions, and it’s now approved for medical use in 36 states and four territories. In other words, the majority of locations in the United States allow for the use of cannabis for medical purposes – which […]
Beyond the Numbers: Should Your Bank Consider Banking Cannabis-Related Businesses?
Cannabis-related products and companies squarely live in a world of a perpetual gray area. To help clear up the opaque nature of banking by cannabis-related businesses on this episode of Weaver: Beyond the Numbers, host Shelby Skrhak sits down with Rachel Mondragon, Weaver Senior Manager in Regulatory Compliance specializing in financial institutions, to discuss. The […]