Illinois is looking at new processes for the recreational marijuana dispensary application process after claims of shutting out minority applicants. With 1,667 applicants for the 75 licenses twenty -one qualified with a perfect scores-meaning they tied for the permits. With so many permits not receiving perfect scores Illinois announced plans to provide applicants a supplemental deficiency notice detailing problems or missing material, enabling applicants lacking a perfect score to amend their application. Join Harry and Jim as they discuss more about the Illinois dispensary applications and what’s next.
It’s the second year in a row New York has abandoned legalizing marijuana for recreational use. Although, New York has not legalized the use of recreational marijuana, it’s not stopping New Yorkers from partaking. During the pandemic consumption has skyrocketed flooding the black market. Many New Yorkers rely on home delivery, however, that is becoming more difficult with the lock downs and new rules of people entering buildings. With the flood of consumption, many people are looking for new ways to consume from high quality eatables to speakeasy dining experiences. Watch as Kat and Harry explore the black markets in New York.
As more and more states approve cannabis for both legal and recreational use, and more marijuana dispensaries receive their business license, the focus on cannabis compliance with state and local officials has become more and more important. Most states regulations stipulate that every retailer must report data on sales transactions, returned products and disposal of returned or display cannabis. With the stakes being high for failing to report, selling to minors, or lack of security can put your licenses at risk. With states using different reporting systems and metrics, the question that comes into play is, is their one system that works for all of the states? Watch as Duane and Harry chat about different POS systems to help dispensaries stay in compliance while reporting.
As many of you know in 2019 Gov. Greg Abbott signed a bill into law expanding the use of medical marijuana products in the state of Texas. With that bill being signed Texas has allowed 3 registered medical cannabis companies. Although it is still illegal to use or possess marijuana under Texas law — and has been since 1931, medical uses is in full swing. With medical usage in full swing Texas has had a flurry of progressive proposals when it comes to marijuana legislation. While only medical is legal, there are still significant steps being taken by lobbyist and groups to expand medical and other usages. Watch Chuck and Harry as they discuss the next steps
Once you build a presence on social media it’s time to expand. Think beyond your preferred social media platform for influencers. Each social media platform seems to have their own celebrity influencers, in turn you need to diversify your influencer content. From Bloggers, to Facebook and even Ticktock influencers are all around us. Are you wondering where you go to find these influencers? Kat shares her top secret way to located these influencers. Watch as Kat shares her secrets on how to find influencers and grow your brand.
Mike Semel joins 420MSP as a analyst. Mike has had a long career in technology with a focus on compliance and security. Help us welcome Mike as an analyst and watch his chats about the importance of compliance and security in the Cannabis Industry.