The marijuana market is expanding rapidly as more states legalize cannabis. The Global Cannabis market is expected to be worth USD 12.02 billion in 2022, with a CAGR of 17.4%, and worth USD 31.46 billion by 2028.[Source] As we enter the fourth quarter and face an uncertain economic future, the question to ask yourself is,...
Effectively managing inventory is a cornerstone of a successful business; the cannabis industry is no exception. A robust inventory management system can significantly improve compliance, streamline operations, and maximize profits in a constantly evolving world subject to strict regulations. In this article, we will delve into the importance of inventory management for your cannabis business...
The “stoner myth” is a negative stereotype that associates cannabis use with laziness, lack of drive, or motivation. This myth has existed for many decades, and the stigma continues today, even as legal cannabis grows. A recent study by the International Journal of Neuropsychopharmacology defeats the notion that cannabis use causes apathy, yet the perception still exists...
Weedmaps. Dutchie. Blaze. Flowhub. Trulieve. These are just a handful of cannabis industry companies that have laid off workers due to the changing business climate. Only a few short years ago, these companies could do no wrong. Happy employees post on socials about “what an honor it is to work for XYZ cannabis company,” only...
