California is posed to instantly become the country’s largest marijuana market when lawful sales of cannabis for recreational use begin on January 2, 2018. While this presents vast opportunity for investors and entrepreneurs, it also presents a wealth of regulatory challenges. Businesses often face greater regulation in California than other…
For years, industry and academia have partnered to find better ways of delivering a better product to consumers. This model has allowed entrepreneurs to take advantage of scientific findings and reliable data to improve their operations and products. Now, one cannabis company is partnering with academic researchers to better understand…
As with any retail business, cannabis entrepreneurs find themselves with increased sales around the holiday season. Businesses which are prepared for these opportunities can invest in growth which will sustain profitability well into the new year. Fall Festivities There are many ways to market cannabis products for the fall season.…
In the wake of devastating wildfires in Northern California, many cannabis farmers were dealt a particularly hard financial blow. Cannabis businesses are generally unable to obtain insurance coverage. This is because the insurance industry is regulated by federal law – a federal law which classifies marijuana as an illegal substance.…
Identifying the target market of a business is an important step for any entrepreneur. Profitability can be enhanced by spending advertising budgets effectively, and expanding into markets which have the best potential for sustained business growth and profitability. Entertainment icon Whoopi Goldberg is now breaking into the cannabis industry with…
In April 2017, Governor Jerry Brown signed an executive order which declared an end to the state of emergency in California related to the drought. This lifted many of the legal restrictions placed on water use of California residents and businesses. Unfortunately, California’s water woes are far from over. Marijuana…
While we are now the verge of having a legalized recreational marijuana industry in California, many in Los Angles fear they won’t be able to join this growing and prosperous industry due to having a conviction involving marijuana on their record. As discussed in a recent article from Civilized, marijuana…
Throughout October 2017, devastating wildfires have taken lives and caused millions of dollars in damage all across California. While the destruction is tragic for all Californians who have been affected, one particular group of small business owners have been hit especially hard by damage. Marijuana growers are generally prohibited from…
The conflict between state and federal law has caused many challenges and legal confusion for Californians ever since medical marijuana was legalized by state law in 1996. Beyond these procedural inconveniences, the legal conflict has sparked broader discussions about the role of marijuana in American society, and California, specifically. These…
Preparations for legal sales of recreational marijuana sales in California have impacted the state economy in many ways. Not all of this growth has occurred directly in the cannabis industry. The Concord Monitor reports that the state government is on a “hiring binge” to fill jobs for scientists, tax collectors,…