The most famous business advisors will tell you the secret to succeeding in business is innovation.
Aside from the restrictive rules that govern the production and distribution of cannabis products, the transition from individual to fully public is the greatest challenge faced by most cannabis businesses. Luckily, technology is materializing to fill the void. Recently, Microsoft paired with KIND, a “seed to sale” platform to aid government organizations manage and potentially impose cannabis experience.
Since legalization, cannabis has undergone a transformation from an illegal narcotic to a respected medicine. Here in the United States of America it has been legalized for either recreational and/or medical use in 28 states.
The cannabis industry in the United States gets stronger with every state that legalizes. However, this political dance of legalization state-by-state is slowing us down in the global marketplace.
People are falling in love with concentrates.
Since 2004, sales of concentrates has grown by 412%. By comparison, edibles have grown 272% and flower has grown 149%.
Putting numbers aside, there’s a lot to dig about concentrates.
In April, I always think about every 420 since the beginning of the legalized market.
For many, the New Year is a pivotal time to create new plans, goals, and resolutions. My rebirth time of year has always been in the Spring. This year will mark my 9th 420 as co-founder of MJ Freeway. And for the past 9 years, anticipation of this holiday and the day of 420 has shaped many of my personal and professional goals.
More than half of the American population are living in states with legalized medical marijuana. Canada is also looking to legalize recreational cannabis in 2018. This will raise the current medical cannabis industry to more than 20 billion in sales.