To help ensure regulatory compliance, safety and overall public health, states that have approved medical and recreational marijuana sales and use are leveraging technology as part of the solution. Most states have a rudimentary system in place (e.g. METRC) that collects the minimum data that is reported back to the state for basic compliance. For seasoned growers and professional operators, the solution doesn’t stop here. There is a more complete, faster, and intelligent layer of technology that is being used to support cannabis businesses across the value chain.
Flourish was recently featured on Direct Cannabis Network's newsletter. Here is the complete article:
Attorney General Jeff Sessions has rescinded the Obama-era position of the Federal government to not intervene in states that have legalized marijuana. Whether this ends up being a major, minor, or non-issue remains to be seen. This does, however, further encourage individual states and the owners/operators of canna-businesses to focus on compliance.
Although the news of cannabis cultivator busts is not uncommon, a recent incident in California appears to be establishing a seismic shift in the response from law enforcement. You can read the entire Associated Press article on MSN, but here are the highlights:
Finally, the three licensing authorities and the California Department of Tax and Fee Administration today have released the highly anticipated recreational cannabis regulations. With only six weeks left until the beginning of recreational marijuana in California, Flourish will be regularly updating educational materials for cannabis business operators so stay tuned on this blog! You can also refer to our Blog A Quick Guide to Winning a Cannabis License in California for more information.
Choosing the right surface for the walls of your grow room is very important, as up to 40% of your total yield comes from the edge, and the right wall surface can increase the amount of light those plants receive by up to 30%! Artificial lighting diminishes exponentially with distance, so it is important to contain as much of this light as possible, and direct it accordingly. Reflective surfaces also help illuminate the lower portions of the garden, providing lower buds with light and heat energy.
Cannabis is still illegal at the federal level, which poses a variety of challenges for any cannabis operations attempting to conduct financial transactions even in states that have legalized pot. Not only that, carrying large amounts of cash poses huge security issues for dispensaries. However, cryptocurrencies are providing solutions to some of these problems and making it easier for cannabis related businesses to carry out transactions. While Bitcoin has become widely popular, there a few alternative cryptocurrencies that are designed just for the pot sector. Here are a few currencies that aim to make business easier for cannabis businesses:
Still trying to decide which cannabis conferences to go to this fall? You need to head to the NCIA and CCIA California Cannabis Business Conference in Anaheim, California! Here are a few reasons why you really have to get to Anaheim on September 21 and 22.
We recently were fortune to be profiled by Hypepotamus, the go-to source of startup and tech news, events, job listings and resources focusing on Atlanta and the Southeast. Atlanta is a hub for supply chain software. The Metro Atlanta Chamber, has a great reporting highlighting this: