In June, the European Pharmacopoeia Commission adopted a groundbreaking cannabis flower monograph, marking a significant milestone for the cannabis industry. This official document provides essential guidelines for herbal drug specifications, representing the first modern cannabis monograph in a widely accepted pharmacopeia. The German progress on their legislation will likely have an enormous impact on the
Tag: Cannabis
Challenges & Solutions: Legal Hurdles in Cannabis Businesses
Introduction The cannabis industry, despite its rapid growth and acceptance, faces a myriad of legal challenges. Navigating these hurdles demands understanding the intricate legal landscape surrounding cannabis businesses. This article delves into entrepreneurs’ prominent legal challenges and offers viable solutions to ensure compliance and sustainable growth. 1. Federal vs. State Conflict Challenge: The conflict between federal and
Cannabis & Social Equity Licensing: Bridging Industry Gaps
In the wake of cannabis legalization, the burgeoning industry presents a unique opportunity for economic growth, addressing historical injustices, and promoting social equity. This expert article delves into the social equity aspects of the cannabis industry, highlighting key initiatives, challenges, and the importance of fostering inclusivity and diversity within the business landscape. Understanding Social Equity
The role of regulatory bodies: FDA, USDA, and International Cannabis Standards
Introduction In the ever-evolving landscape of cannabis regulation, various bodies play a pivotal role in shaping industry standards and ensuring consumer safety. The Food and Drug Administration (FDA), the United States Department of Agriculture (USDA), and international organizations set the stage for a responsible, transparent, and safe cannabis market. This article delves into these regulatory
Consumer Safety: Understanding Labeling and Testing Requirements in Cannabis Products
Introduction In the ever-growing world of cannabis products, consumer safety stands as a paramount concern. To ensure transparency and protect consumers, various labeling and testing requirements have been implemented within the cannabis industry. This article aims to shed light on these essential aspects, exploring how accurate labeling and rigorous testing contribute to the safety and
Opening a dispensary? Here’s how to calculate your Initial Costs
Introduction: So, you’re considering opening a cannabis dispensary—a venture filled with potential and promise. Yet, it’s no secret that it also comes with substantial capital requirements. This guide will summarize the key factors when budgeting for your dispensary startup. 1. Licensing and Legal Compliance for your cannabis dispensary Licensing is often the first financial hurdle.