The Path from Medical to Adult Use in Maine
Maine isn't just known for its picturesque coastline. After attending a recent cannabis expo—NECANN Maine, my team and I learned about the unique complexities of the local cannabis and CBD industry. Specifically, as we spoke with attendees and exhibitors, we gained insights into the nuances of Maine's cannabis regulations, which may help other states as cannabis legalization becomes increasingly prevalent.
Maine's approach to regulating the cannabis sector is fascinating particularly when it comes to understanding the surprisingly significant differences between medical and adult use licenses. But what does it mean for businesses and investors eyeing the potential goldmine that is the adult-use sector?
7 Tips for Planning Profitable Cannabis Events
4/20 is arguably the biggest cannabis-specific holiday, sending many cannabis businesses in a frenzy to make the most out of the resulting celebrations. But it’s far from the only profitable holiday.
Throughout the year, there are plenty of great opportunities to reach your audience and increase sales. But here's the catch—it's not just about selling. It's about doing so profitably. While it's exciting to think about the buzz, the promotions, and the potential foot traffic during a sales event, it’s important to keep an eye to your bottom line.
What Cannapreneurs Need To Know About The Art & Science of Cannabis Business Consulting in 2023
What do you do now after you've made the decision to launch your cannabis business? There is a slim chance that someone in your network has the knowledge to help you navigate best practices, laws, accounting and reporting requirements, and business operations for your new venture.
The cannabis sector is still relatively new, despite its tremendous growth.This is exactly why a specialized cannabusiness consultant is a must-have!
How to Set Up an Effective Inventory Management System for Your Cannabis Business
Your cannabis business depends on seed-to-sale tracking to stay compliant, which means that you need a well-designed inventory management system. In addition to ensuring regulatory compliance, creating an efficient inventory management system helps you avoid the biggest pitfalls of running a cannabis business while ensuring long-term profitability.
How Cannabusinesses Can Make the Most of 4/20
The biggest cannabis holiday is arguably 4/20, and it attracts everyone from regular users to those who only occasionally partake.
Cannapreneurs already know firsthand that organizing and making the most of such a large (and fun!) event is not a walk in the park. So why not learn from previous years and plan to make the 4/20 events of the future the best yet?
To make planning for 4/20 just a little easier, I’ve gathered a few of the biggest lessons I’ve found for you.