Early freeze in Colorado causes many to scramble to keep crops alive. With climate changes being a serious contribution to the imposing threats on crops cannabis growers are looking at loosing thousands with the quick freeze Colorado just experiences. Although, many tend to criticize the cultivation process of the cannabis industry, technological advancements have continued to aid in the reduction of loss in the industry. Many growers in Colorado have switched to indoor/outdoors grows depending on the time of year. Watch as Harry and Blake chat about climate and its effect on the Cannabis Industry.
Luis Alvarez has joined 420MSP as a monthly analyst. Welcome Luis as he introduces himself, his company (Alvarez Technology Group) and how he has engaged in the cannabis industry through his technology company. With Luis mainly focused on agriculture the Cannabis industry has become a great fit for he and his team. Watch and learn more about Luis and how he has grown his company to focus on IoT in and around agriculture.
After going to school for most of your life, you may think that your education stops after you get that fancy piece of paper. However, soon after you leave college and start a job you learn that school is just the beginning. From learning new tools, to staying relevant in your industry, it is essential to everyone, in any career, to continue their education. Maintaining and learning new things is truly the key to success. A perfect example of the importance of ongoing education is in the ever changing cannabis industry. From month to month and sometimes week to week the industry is changing in many ways from labeling to compliance. These changes have created a demand for educated professionals who are invested in this thriving industry. Harry and Marc explore the wild world of the Cannabis Training Industry and how you can easily educate yourself.
We are within 60 days of the presidential elections and there is no doubt that cannabis will play a major role in the 2020 elections. As history has shown many of the biggest milestones in cannabis have come out of elections, from Colorado and Washington becoming the first states to legalize adult use in 2012, to many more states joining in the most recent presidential elections. Although, the presidential elections play a huge role in the legalization, this year state elections are going to play a much larger role than the federal elections. With many states currently looking at adult and medical use (Montana, South Dakota, Arizona, and New Jersey) state elections play a huge role. Watch as Harry and Paul explore the political effects on the cannabis industry, as well as upcoming initiatives, and what is coming next.
The legalization of Cannabis is not only sweeping across the United States but also into a lot of countries who are legalizing cannabis nationwide. With the legalization of medical cannabis in 33 states plus the District of Columbia and recreational weed in 10 states plus the District of Columbia it’s safe to say the cannabis industry is booming. Although, the legal cannabis industry is booming so is the illegal or black market. More and more states from California to Oregon and Texas are reporting illegal marijuana on the rise. With numbers of illegal operation out numbering legal operations. Currently, California’s black market for cannabis is more profitable than its legal one. To many people cannabis is cannabis and instead of dealing with the hassle of finding a legal dispensary and paying exorbitant fees many people are opting to continue participating in the black market, which is more convenient, and more affordable. Watch as Harry and Josh talk about the effects of the Black Market.
With the recent growth of the cannabis industry and hundreds of new businesses popping up each year, from growers and producers, to retail, ancillary and technology companies, supply chain management has become increasingly complex. While technology companies have been instrumental in the growth and implementation of technologies to help the supply chain, there are still so many avenues of the process that could use improvement. The supply chain is made up of five stages. The first stage is cultivation of the plant. This is followed by extraction of cannabinoids. From there, the next stage is testing. Distribution and retail are the fourth and last stages. The supply chain itself may sound simple, but it actually can be quite complex. With each stage having its own interworking and needs, the supply chain for each stage is endless. Watch as Harry and Joe explore supply chain management within the Cannabis Industry.
The last decade has been a game-changer for the global cannabis market. More and more countries have decided to go green and legalize cannabis opening many opportunities for companies to enter the industries as well as flourish and grow. With technology being at the forefront of the industry, taking it to new levels with disrupting existing practices and innovating new ideas and scientific breakthroughs. Although, some of the technologies were created for non-cannabis businesses and transformed to meet its needs, many were created by cannabis veterans to help accelerate and streamline the industry.
Watch as Harry and Duane discuss some of the top cannabis technology companies, and how they have reinvented, developed and excelled in the cannabis industry.
When you think of the cannabis industry, you probably think of dispensaries, growers, manufacturing companies and those who touch the flower. Although, this is what most people think of, these businesses they only consume a small fraction of cannabis businesses. In fact most cannabis businesses fall under the category of “ancillary cannabis business”. Ancillary (in cannabis business) refers to any business related to the cannabis industry that does not directly “touch the plant.” While many of these ancillary businesses are needed in other industries many have made themselves prevalent and dedicated to the cannabis industry. Some of these ancillary businesses include, attorneys, accountants, PR firms, security, insurance and more. Regardless of your current business this industry is a great investment to make in growing your knowledge and incorporating it into your business. Watch as Blake and Harry chat about ancillary businesses and how you can get involved.
The Alaska Alcohol and Marijuana Control Office (or AMCO) requires every licensee, employee, or agent of a marijuana establishment who sells, cultivates, manufactures, tests, or transports marijuana or marijuana product, or who checks the identification of a consumer or visitor of a marijuana establishment, must obtain a Marijuana Handlers Card.
Do you have a passion? Want to get your voice heard? According to Chuck Mains your biggest voice is your association. With the upcoming elections and many important issues, it is more important than ever to get your voice heard. Although, your voice and opinions are powerful, there is strength in numbers. Working in a association with others presents an opportunity for you to pool your resources and add your voice to a chorus who share your concerns. Watch as Chuck and Harry talk about getting involved in government affairs and forming a strong voice.
Did you know that 20 to 50 percent of all purchasing decisions are made from word-of-mouth marketing? Think about this….. do you typically buy something when someone you trust recommends the item? Social media can be a great way to not only reach your potential clients but to also influence them into being a client. A great start to social media is to post yourself in a consistent manner. Although, posting consistently will build your brand additional post from influencers could greatly help to accelerate your brand building…
As you may know the cannabis industry is a booming market not only in the US but worldwide. In 2019 it was worth over $13 billion in the U.S., and expected to reach over $24 billion by the end 2020.