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No matter what your profession, opportunities abound in the cannabis industry. You just have to be willing to learn something new.

Two types of entrepreneurs emerge during a crisis: Those who panic, kicking into survival mode thinking the only solution is to wait out the storm and hope everything works out at the end. And those who are true change-makers, recognizing opportunity in a time of crisis and springing into action. These people have one thought in mind: What can I do to help? 

It took almost two years for Massachusetts marijuana company T. Bear, Inc., to receive approval to commence operations, which finally came down on March 20, recounted owner and CEO Angela Brown.

That approval authorized the East Wareham company to start operations on March 24, which happened to end up being the day an order from the governor shut down businesses deemed non-essential, including marijuana companies.

Since the COVID-19 pandemic took hold of the U.S. last month, the legal cannabis industry has transformed the crisis into an opportunity to demonstrate maturity, dismantle biases, and solidify its role in the economy, communities, and people’s lives. While challenges persist, the last six weeks have represented a major leap forward for the sector that will help position it for long-term success in several ways.

An Essential Business

Illinois residents spent millions more on cannabis in the first full month of the governor's statewide coronavirus emergency order.

Illinois residents bought $2.6 million more worth of recreational cannabis products in April than they did in March, state regulators announced Monday. The state's highest month of non-medical marijuana sales since the first month of legalization coincided with the first full month of Gov. J.B. Pritzker's statewide stay-at-home order.

Canopy Growth stock and other marijuana stocks rose on Monday after major investor Constellation Brands (STZ) late Friday moved to increase its stake in the Canadian pot producer, offering a vote of confidence to a company that is scaling back after racking up steep losses.

Marijuana legalization efforts in many US states were disrupted after COVID-19 hit. Self-quarantine and social distancing efforts made it impossible for campaign activists to gather signatures. As a result, many states had to drop their legalization campaigns. However, Nebraska might have come up with a new strategy to gather signatures and legalize marijuana this year. Let’s take a look.

There is a lot of misinformation everywhere about CBD hemp and Industrial Hemp. Most articles online state that CBD is also derived from industrial hemp. It’s true that industrial hemp has thousands of different uses but CBD hemp is a totally different species of the hemp plant. In this article, we get rid of this confusion by showing you how cultivating CBD hemp differs from Industrial hemp.

Cultivating industrial Hemp

The cannabis industry is more complicated than most, and changes to its operations during the pandemic make it only more complex. Deemed as essential service providers but also federally illegal operators, cannabis growers, processors and sellers are working under new restrictions but barred from any federal government support.

Struggling to keep your business afloat? Here are some tried-and-true strategies to cut costs and add revenue.

The best place to find an opportunity is often the last place you want to look—in the thick of a problem. That was the case for the founders of cannabis startup Plain Jane, who had the brilliant idea to create low-odor hemp cigarettes but no startup cash.

Marijuana sales have seen a drastic surge since the COVID-19 pandemic hit. There was a sigh of relief in the sector. Notably, the cannabis sector suffered many blows in 2019. Lower earnings, management changes, rising black market sales, legalization challenges, and many other factors impacted the industry last year. The pandemic might help the sector recover its losses. Will the improvement be a one-time surge in sales or will the higher sales last?