Standard Wellness’ Post

The article provides an insightful look into the potential of vertical integration for Ohio's cannabis industry, especially as recreational marijuana sales are set to launch. It's encouraging to see companies like Standard Wellness leading the charge with their comprehensive seed-to-sale approach. Michael Wells and his team are clearly on the cutting edge, leveraging their unique focus on data and production planning to stand out in a challenging regulatory environment. Vertical integration offers numerous benefits, such as increased control over the supply chain, reduced overhead, and enhanced flexibility for product innovation. However, the financial and regulatory hurdles, as highlighted by experts like Jim Ickes and Janet E. Jackim, cannot be overlooked. This model requires significant investment and a robust understanding of compliance across all segments of the industry. As the market evolves, it's likely that we will see more businesses exploring vertical integration to maximize efficiency and profitability. The dynamic nature of the cannabis industry makes it an exciting time for companies willing to navigate these complexities. For those in the Ohio cannabis scene, it's vital to keep a close eye on these developments and consider how vertical integration might fit into their long-term strategy. At FiftyShot | AVEO Vapor Devices, we understand the importance of adaptability and are proud to support businesses with our extensive range of customizable vape hardware, available on-demand within 24 hours. Our goal is to help companies thrive in this burgeoning market by providing top-tier products that meet their specific needs. Here's to a promising future for Ohio's cannabis industry! #OhioCannabis #Ohio #Cannabis #Buckeye #FiftyShot #AVEO

This Mr. Cannabis Law blog is a must-read for anyone in the FL hemp space. If SB 1698 passes (which it almost certainly will), FL hemp companies need to have a strategy on how they can save their business. This blog explores a trend I’m seeing with some of the forward-thinking hemp companies looking to save their business by finding ways to collaborate with FL marijuana companies or FL marijuana applicants. While this may feel like a “deal with the devil” since it was the FL marijuana industries’ lobbying that drove SB 1698, it may be the only option for FL hemp companies. https://lnkd.in/eAC8W64g

Illinois has made significant strides in diversifying its cannabis industry, with 60% of all adult-use marijuana business licenses now held by minority- or women-owned businesses. This achievement positions Illinois as having the most diverse cannabis industry in the nation. A comprehensive study by the Cannabis Regulation Oversight Office highlighted this progress, with notable representation across various sectors, including craft growers and transporters. These efforts are part of a broader strategy to ensure that the industry benefits communities historically impacted by the War on Drugs. https://lnkd.in/gaH2v2iC

Descheduling of recreational cannabis is the only real solution to open that market and make it legal. Rescheduling will likely suck full spectrum hemp products into schedule III. Both industries need to work together to stop rescheduling at all costs or we will be waiting decades to get to where we should already be.

"Navigating the Latest Chapter in Missouri's Cannabis Journey 🌿🚀 Missouri's cannabis operators are facing a fresh wave of challenges amidst recall confusion. Stay informed about the ever-evolving landscape of the state's marijuana industry in this latest update.📊 Stay ahead of the curve and understand the complexities of this evolving industry. #CannabisIndustry #MissouriCannabis #RegulatoryUpdate #BusinessChallenges #CannabisCommunity" 📰🌱 Read the full article here: https://lnkd.in/gTCaQySH

Your Guide to Selling Marijuana Edibles in Michigan

Great reporting exposing some of the cross-over happening between hemp-derived cannabinoids and licensed marijuana operations. We have been digging into the pricing of these derivative source materials and the impacts on both hemp and cannabis markets. https://lnkd.in/gnTkzYsy

Great reporting exposing some of the cross-over happening between hemp-derived cannabinoids and licensed marijuana operations. We have been digging into the pricing of these derivative source materials and the impacts on both hemp and cannabis markets. https://lnkd.in/gnTkzYsy

Experts share their expectations for marijuana industry in 2024

Ohio Issue 2 on legalizing recreational marijuana: What to know As Ohio heads to the polls on November 7th to vote on Issue 2, the proposition to legalize recreational marijuana, the potential for significant industry evolution looms large. This initiative, led by the Coalition to Regulate Marijuana Like Alcohol, promises not only to open up a regulated market but also to allocate tax revenues towards social equity and jobs programs. Opposition from various coalitions brings to light the concerns about societal impacts, while supporters cite economic and regulatory benefits. If passed, Ohioans 21 and older could legally possess, purchase, and even grow cannabis within set limits, potentially generating between $276 million to $403 million in tax revenue by the fifth year, according to OSU researchers. For professionals in the cannabis sector, like myself, this is an electrifying time. As a franchise broker at Cannabis10x, I specialize in navigating the expanding horizons of the Cannabis and CBD industries. This measure could mark a new chapter for entrepreneurs and investors keen on exploring the thriving cannabis market. Whether you're considering a franchise opportunity or seeking insights into this dynamic market, I am here to provide expert advice and tailored guidance. The cannabis revolution is upon us. Are you ready to step into the future of this industry? 📩 Reach out for a consultation, and let's discuss what Ohio's potential green wave means for you. https://bit.ly/471xrsq #CannabisIndustry #OhioIssue2 #Legalization #FranchiseOpportunities #CannabisBusiness #MarketInsights #CannabisConsulting #InvestInCannabis #BusinessGrowth #Cannabis10x