As the Legislature reaches the halfway point of the 2020 session, no committee has yet to hear any of the wide range of bills filed to address a list of issues in Florida’s medical marijuana program.
Marijuana advocates are frustrated and people in the industry are left scratching their heads.
Cannabis companies are “between a rock and a hard place” when it comes to job cuts, one analyst believes, because it might be hard for them to figure out how and where to reduce operational expenses since they’re operating in a rapidly evolving industry.
“Sure, if you had a time machine, you could go back and say, ‘I think I over-hired and I shouldn’t have done that,’” said Andrew Carter, a cannabis analyst at Stifel Financial Corp.
According to a 2018 NBC News story, more than 77 tons of weed is consumed in New York City per year, making New York City and the Greater New York area among the biggest cannabis markets in the world — this is despite not having legal retail outlets.
In October 2018, the USDA activated their official hemp rules in the form of the "Establishment of a Domestic Hemp Production Program". With those rules came additional guideline documents for sampling and testing, through a set of agricultural practices to ensure production of compliant plant biomass.
Emma Andrews, Chief Commercialization Officer at BevCanna, RHN, NPDP, spoke recently at the Lift Conference in Vancouver on the future of social consumption. With a background as a food and beverage nutritionist and in product development, her interest in health and wellness fits seamlessly with what BevCanna stands for.
That’s a 15% year-over-year increase. Over the past 12 months the expanding industry has created 33,700 new jobs nationwide, making legal marijuana the fastest-growing industry in America.
The cannabis market enters 2020 with plenty of catalysts for higher sales and profits. A lot of companies have made changes in executive leadership to handle the next phase of growth as legalization in cannabis markets slowly progresses and public market veterans are more apt to join the sector.
Colorado State University-Pueblo is set to offer a "rigorous" degree in cannabis, winning state approval for the program on Friday.
According to The Denver Post, the "Cannabis, Biology and Chemistry" course will be available for undergraduates wishing to study the science needed to succeed in the cannabis industry, starting this fall. The program has been described as similar to a double major in biology and chemistry, and features a lab licensed to grow industrial hemp so students may work with cannabidiol (CBD) derived from the plants.
2020 started with legislation siding entirely in favor of Cannabis throughout twelve states US (and the District of Columbia). Aside from full legalization, more than 75% of the United States of America have legalized (and decriminalized) Cannabis use. Whether that use is in the form of CBD, restricted to medicinal use, or completely without consequence, America’s legislation is changing rapidly.
The sudden and sharp rise in hemp farms ‘cropping’ up in the USA appears to be a welcome sight to the bees. Bee numbers have been steadily declining across the world in recent years, leading researchers to worry about the future of the insects.
