With the passing of Question 788 on June 26th, Oklahoma becomes the 30th state to legalize medical marijuana. Like California in 1996, the State has taken a hands-off approach by implementing minimal regulations or restrictions. The absence of a clear framework of regulations has many potential cannabis entrepreneurs feeling nervous. MJ Freeway has a team of consultants, all veteran industry professionals, that can help.
MJ Freeway was pleased to participate in the January 10th Women Grow Webinar on “Boomers and Cannabis.”
It’s that time when we dust off the year that was and look forward to what may be in the year ahead. At MJ Freeway, we are looking forward to the definitive merger agreement with MTech to be finalized. This will create an exciting new chapter for us and the industry, but we’ll talk more about that later. For right now, let’s do some speculating. Here are my top 10 predictions for the cannabis industry in 2019 (because ‘tis the season for lists, and who doesn’t love them).
The most famous business advisors will tell you the secret to succeeding in business is innovation.
With cannabis losing its stigma, many more parents are consuming the drug than ever before. While cannabis is mostly unharmful, some worry that cannabis use in parents can impact the health and wellbeing of children.
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.
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.
Three of us were crouched on a ledge, 5 feet wide, the first ledge in over 1000 feet of physically and mentally demanding rock climbing. We were climbing Spitzkoppe, an 1800 meter (5900 feet) tall, granite spire that majestically towers over the Namib desert in Namibia in Africa.
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.