DPA Annual Report 2018
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Cova How to Open a Cannabis Dispensary US
CONTENTS Introduction .................................................................................................................................. 1 The Basics ..................................................................................................................................... 4 The Licensing & Application Process ........................................................................................ 6 Business Plan Components ...................................................................................................... 8 Cost and Financing .................................................................................................................... 11 Real Estate and Community Involvement ............................................................................... 16 Store Design and Shopping Experience ................................................................................. 19 Building Your Dream Team ....................................................................................................... 22 Sourcing Product and Inventory Management ...................................................................... 26 Point of Sale System and Other Equipment ........................................................................... 29 Security and Safety Plan ........................................................................................................... 32 Conclusion ................................................................................................................................. -
The Highs and Lows of Startups in the Cannabis Industry: a Pestle Analysis of the Current Issues
THE HIGHS AND LOWS OF STARTUPS IN THE CANNABIS INDUSTRY: A PESTLE ANALYSIS OF THE CURRENT ISSUES Jeffrey E. Anderson California State University, Los Angeles Mine Üçok Hughes California State University, Los Angeles Carlin Nguyen California State University, Los Angeles SUMMARY: With recreational cannabis now legal in ten US states, illegal cannabis growing operations are increasingly being replaced with regulated, taxed, and licensed businesses. Sales are predicted to increase roughly 35% from 2017, to more than $8 billion by the end of 2018, and to $22 billion by 2022. Projections like these have contributed to a startup boom in the cannabis industry unseen since the tech boom of the late 1990s. The aim of this paper is to highlight the unique issues faced by startups in the cannabis industry. We examine the elements that influence the cannabis startups by using the PESTLE framework which includes political, economic, social, technological, legal and ecological factors. We identify three types of cannabis startups and provide a brief analysis of differences between them as well as the challenges that they all face. Introduction With recreational use of cannabis currently legalized in ten US states, illegal cannabis growing operations are steadily being supplanted with regulated, taxed, and licensed businesses. Companies operating in these states are now able to legally produce and sell marijuana in their respective states. The 2018 Marijuana Business Factbook predicts sales to increase roughly 35% from 2017, to more than $8 billion by the end of the year (Marijuana Business Daily, 2018). By 2022, sales in the United States are projected to increase by 250%, to $22 billion. -
Building a 21St Century Approach to Drugs
Briefing | January 2018 Building a 21st century approach to drugs The ’war on drugs’ is collapsing. Now let’s build the alternative. The ‘war on drugs’ was built on shaky Building a new drug policy foundations. Now, countries around the world from Canada, to Uruguay, Portugal architecture and many US states are beginning to This new approach will ensure that rather than dismantle it piece by piece. Its collapse is penalising or criminalising people involved in the drug good news for people and communities trade, we recognise that it is often injustice, inequality around the world, providing us with the and vulnerability that drives them to engage in that opportunity to build a new approach to trade in the first place, whether that is as consumers, producers or suppliers. Rather than compounding drugs that prioritises, promotes and problems like poverty, powerlessness and stigma with a protects human health and well-being. hard-line prohibitionist approach, which has failed on its This shift, from a criminal justice approach own terms, we must aim to approach drug policy in a to health-based policy making, is essential way that works to address these drivers of engagement if we want to take drug policy into the with the drug trade, and at the same time makes 21st century. It is time for the UK to catch engaging in that trade as harm-free as possible. If we do up, and develop and promote appropriate, this effectively we have the chance to develop and build a whole new paradigm to replace the ‘war on drugs.’ evidence-based, and sustainable alternatives both in the UK and globally. -
Tobaccocontrol40881 293..295
Endgame visions Tob Control: first published as 10.1136/tc.2010.040881 on 16 February 2012. Downloaded from What are the elements of the tobacco endgame? George Thomson, Richard Edwards, Nick Wilson, Tony Blakely Department of Public Health, ABSTRACT SOME ELEMENTS OF ENDGAME STRATEGIES University of Otago, Wellington, The available literature on tobacco endgames tends to be The following elements attempt to define ‘real’ New Zealand limited to discussing means, targets and difficulties. This endgame strategies, as opposed to purely aspira- Correspondence to article offers additional ideas on the key elements of tional ideas. We visualise endgame strategies as George Thomson, University of endgame strategies and the circumstances in which a process of both planning and implementation. Otago, Box 7343, Wellington these are likely to be adopted and implemented. We The process includes questions such as: how do we South, Wellington 6002, New suggest such strategies will include explicit plans, will reach the endgame goal within the planned time Zealand; [email protected] define the nature of ‘the end of tobacco use/sale’ and period and what other things can be done now or have target dates within 20 years. The likely within the planned period to help achieve the goal? Received 27 February 2011 circumstances for endgame strategy development We suggest that effective government endgame Accepted 2 August 2011 include low (probably under 15% adult smoking) strategies will have the elements of: prevalence and/or rapid prevalence reductions, wide 1. Having an explicit government intention and support and strong political leadership. Even with some plan to achieve close to zero prevalence of or all these circumstances, opposition from business, tobacco use. -
Marijuana Business Daily
Marijuana Business Daily https://mjbizdaily.com/after-the-safe-vote-in-us-house-heres-what-you-need-to-know-about-the- current-state-of-banking-in-the-marijuana-industry/ After the SAFE vote in US House, here’s what you need to know about the current state of banking in the marijuana industry Published September 27, 2019 The U.S. House of Representatives’ vote approving legislation that would pave the way for financial institutions and insurance companies to serve state-legal marijuana businesses without fear of reprisal is a milestone for the cannabis industry. Nevertheless, the 321-103 House vote is but another step on a long and often bumpy legal road toward changing how marijuana businesses handle their finances. Until we find out whether the SAFE Banking Act will make it to a vote on the Senate floor, here’s what you need to know about the current state of banking in the cannabis industry, as previously reported by Marijuana Business Magazine. How it got started In 2013, while serving as assistant deputy chief at the U.S. Department of Justice, John Vardaman co-wrote the landmark Cole Memo outlining how financial institutions can open and service accounts for marijuana-touching businesses. In effect, the memo gave banks and credit unions the U.S. government’s tacit blessing to serve cannabis businesses, contrary to federal banking laws. Now chief compliance officer and general counsel with Simplifya, a company that helps cannabis businesses manage compliance requirements, Vardaman discussed in an interview how the banking memo came to be, what he would have done differently and his outlook at the time for cannabis banking. -
Your Business. Our Experience
YOUR BUSINESS. OUR EXPERIENCE. Marijuana The Most Trusted Cannabusiness News Source Since 2011. Business Daily™ REACHING THE ENTIRE CANNABIS INDUSTRY. IT’S OUR SPECIALTY. OUR REACH Founded in early 2011, Marijuana Business Daily has become most trusted news and information resource in cannabusiness. Our publications have the highest readership in the industry. Our events are sell-outs year after year after year. And we’ve been cited everywhere from Harvard Business Review and The Wall Street Journal to Forbes, Fortune and Fast Company. We help cannabis-related companies prosper via our proven information services and exceptional events. OUR PRODUCTS • Marijuana Business Daily™ • Marijuana Business Conference and Expo™ • Marijuana Business Magazine™ • A library of annual business books and publications including the Marijuana Business Factbook™ • Marijuana Industry Directory™ MARIJUANA BUSINESS DAILY NEWSLETTER BANNERS Our daily newsletter has broken hundreds of business, financial and regulatory stories. More than 25,000 business professionals read it. Those subscribers are a captive, target-rich audience for your product. The industry continues to expand faster and faster and our subscriber base follows suit. That’s a lot of eyes on you. DAILY. DIRECTLY. DIGITALLY. THE POWER OF FACE-TO-FACE MARKETING. MARIJUANA BUSINESS CONFERENCE AND EXPO The nation’s oldest and largest cannabis industry event continues to draw record numbers. Our two annual shows allow you to keep up with this industry’s hyper-accelerated rate of change and stay in front of new and existing businesses. SPONSORED EMAIL BROADCASTS Get your brand in front of industry professionals Our focus is quality over quantity with a simple formula: high-caliber attendees, top-notch curated content directly from the name they trust. -
Cannabis in India: Biases and Unrealised Opportunities
CANNABIS IN INDIA: BIASES AND UNREALISED OPPORTUNITIES - Anushree N. Murthy, 3rd Year Student, Symbiosis Law School, Hyderabad - Madhumitha Sridharan, 3rd Year Student, Symbiosis Law School, Hyderabad INTRODUCTION AND HISTORICAL SIGNIFICANCE The consumption of cannabis and its derivatives dates back to several hundred years and has strong roots in Indian culture. It has been said that even the oldest sacred texts of the Vedas reference this ‘psychotropic drug’, which has been passed down generation after generation.1 This drug was obtained from a plant hallucinogen and made into a concoction known as Soma or Amrita: the nectar of immortality. Although the Vedas do not specifically name this beverage, a landmark study from 19712 argues that it was likely to be created from a species of edible mushroom.3 Evidence also suggests that the drug is religiously linked with Shaivite Hindu practices, and the Hindu God Shiva is popularly associated with the drug, often portrayed as smoking marijuana out of a chillum, or a smoking pipe.4The use of cannabis also has its roots in some forms of Buddhism, where certain interpretations of the Fifth Precept suggest that psychoactive plants may be used for medicinal purposes, and in Sikhism, where drinks of Indian hemp were regarded as a “war drink”, where soldiers took a swig of the drink before heading to the battlefield, to relieve anxiety.5 A variant of the drug, bhang, is legally available for consumption in India and is popularly taken as a milk-based beverage. The fat content in the milk is said to increase the absorption of the 1 Michael R. -
Economic and Revenue Impact of Marijuana Legalization in NYS a Fresh Look by James A
Economic and Revenue Impact of Marijuana Legalization in NYS A Fresh Look By James A. Parrott and Michele Mattingly February 2021 About the Authors James A. Parrott is Director of Economic and Fiscal Policies at the Center for New York City Affairs at The New School. Michele Mattingly is a consultant in labor market economics. Copyright © 2021 James A. Parrott and Michele Mattingly 1 Table of Contents Preface .......................................................................................................................................................... 2 Executive Summary ...................................................................................................................................... 2 1. Introduction ...................................................................................................................................... 5 2. Policy choices New York faces in regulating and structuring the legal marijuana market ............ 9 3. New York market demand ............................................................................................................. 13 4. Economic impact of a legal cannabis supply chain ....................................................................... 19 5. New York tax revenue impact from recreational-use marijuana sales ........................................ 24 6. State and local tax impact of the economic activity generated in the cannabis supply chain .... 28 7. Economic and tax effects of market structure and other policy choices .................................... -
Criminal Injustice: Cannabis & the Rise of the Carceral State
CANNABIS & THE RISE OF THE CARCERAL STATE PART I: POLICING 1 PART I THE POLICING OF MARIJUANA PROHIBITION CRIMINAL INJUSTICE: CANNABIS & THE RISE OF THE CARCERAL STATE BROUGHT TO YOU BY: THE LAST PRISONER PROJECT COPYRIGHT © 2020 NATALIE PAPILLION ALL RIGHTS RESERVED The Last Prisoner Project (LPP) is a But our work cannot end there. nonprofit organization dedicated to cannabis criminal justice Now, more than ever, it is reform. imperative that we seize on the opportunity to reform our justice As the United States moves away system through cannabis-related from the criminalization of policy solutions that work to end cannabis, giving rise to a major the vicious cycle of Americans new industry, there remains the being caught up in every aspect of fundamental injustice inflicted the criminal legal system. upon those who have suffered under America’s unjust policy of I am hopeful that this work will cannabis prohibition. enable us to more effectively push for broad, systemic change Through intervention, advocacy so that we may see the day where and awareness campaigns, the the last cannabis prisoner walks Last Prisoner Project works to free. redress the past and continuing harms of these unjust laws and policies. To date, a key focus of LPP has been our direct service work to S A R A H G E R S T E N release currently incarcerated E X E C U T I V E D I R E C T O R , cannabis prisoners. L A S T P R I S O N E R P R O J E C T On July 28, 1973, President Richard Nixon signed Reorganization Plan No. -
Federal Cannabis Regulations Working Group
FEDERAL CANNABIS REGULATIONS WORKING GROUP: CORE GROUP MEMBERS a working group of experts convened by the Drug Policy Alliance to explore and develop policy recommendations for federal cannabis regulations grounded in public health, equity, and justice reform considerations. QUEEN ADESUYI Queen Adesuyi is a policy manager at the Drug Policy Alliance’s National Affairs office in Washington, D.C., where she works to advance several of DPA’s legislative priorities on the federal level, including marijuana legalization with a racial justice focus, drug decriminalization, and eliminating punitive consequences for drug use and previous convictions. She also advocates for equity/racial justice in plans for the District of Columbia’s emerging marijuana industry, in addition to advancing overdose prevention measures and harm reduction in the District. While at DPA, Queen saw through the introduction of the Marijuana Justice Act, Congress’ first marijuana reform bill that addressed racial justice and justice reform issues. She helped convene and co-leads the Marijuana Justice Coalition. Under her co-leadership, the Marijuana Justice Coalition has worked on the introduction and the historic passage of the Marijuana Opportunity Reinvestment & Expungement (MORE) Act by the U.S. House of Representatives in the 116th Congress. The Coalition continues to work to see the continued improvement of the MORE Act and its successful reintroduction and movement through both chambers of Congress. AAMRA AHMAD Aamra Ahmad is currently the Senior Policy Counsel for the Justice Division of the ACLU and an advocate for federal criminal justice reform. She previously served as legislative counsel to Congressman Bobby Scott (VA-3) and in her previous role at the Federal Public & Community Defenders, oversaw their national litigation strategy that contributed to reduced sentences for over 3,363 people incarcerated under racially unjust drug laws. -
Marijuana Business Conventions
Marijuana Business Conventions Cassandra Farrington Co-founder & CEO Marijuana Business Daily © 2017 Anne Holland Ventures Inc. All rights reserved. MJBizTV – A Peak Inside the Convention © 2017 Anne Holland Ventures Inc. All rights reserved. © 2017 Anne Holland Ventures Inc. All rights reserved. Who Attends MJBizCon? The visitors to Las Vegas for MJBizCon are very reflective of the modern cannabis industry - Various mainstream professional backgrounds and prior industry experience - Investors: more every year - Nationwide, Global: All 50 states + Puerto Rico and 45 countries © 2017 Anne Holland Ventures Inc. All rights reserved. What’s displayed at MJBizCon? - AgTech - Business software - Laboratory testing expertise - Banking solutions - Legal & accounting services - Packaging solutions - Retail displays - Extraction equipment - Security systems © 2017 Anne Holland Ventures Inc. All rights reserved. No THC-activated products are displayed or sold on the premises. It’s against the law to do so. Each and every delegate agrees through the terms and conditions associated with their attendee badge to abide by all facility, local, state and federal laws and regulations. © 2017 Anne Holland Ventures Inc. All rights reserved. Why is MJBizCon Important to the Industry? Business events of this nature raise the professionalism and legitimacy of the cannabis industry. - The next year of industry development launches off MJBizCon. - That development is having a huge economic impact in the U.S. and globally. © 2017 Anne Holland Ventures Inc. All rights reserved. Why is Las Vegas Important to MJBizCon? The Trade Show Capital of the World! Space to grow the event Already-proven successful model for cooperation: MJBizCon + Rio All-Suites Hotel & Convention Center 2014-2016 © 2017 Anne Holland Ventures Inc. -
Legalization of Cannabis in India
A Creative Connect International Publication 53 LEGALIZATION OF CANNABIS IN INDIA Written by Bhavya Bhasin 2nd year BALLB Student, Kirit P. Mehta School of Law, NMIMS ABSTRACT The underlying object of this research paper is to study and analyze why there is need to legalize cannabis in India. As it deals with the benefit that India will gain by legalizing cannabis as to how government would able to earn more revenue and would able to decrease the unemployment rate, how it would help in decreasing the crime rates in the country and it also explains the medical usage of cannabis. These aspects have been proven in research paper by comparing India with the other countries that have legalized cannabis. This research paper also deals with the current legal status of cannabis in India. ASIAN LAW & PUBLIC POLICY REVIEW ISSN 2581 6551 [VOLUME 3] DECEMBER 2018 A Creative Connect International Publication 54 INTRODUCTION Cannabis, commonly known as marijuana is a drug which is made up from Indian hemp plants like cannabis sativa and cannabis indica. The main active chemical in cannabis is Tetrahydrocannabinol(THC). Cannabis plant is used for medical purposes and recreational purposes. Cannabis is the plants that have played a vital role in the development of agriculture, which had great impact on both human beings and planet. Since many years cannabis has been used as medicinal drug, as an intoxicant and it has also been used in some religious rituals. The Hindu God Shiva is the lord of the bhang as in ‘Mahashivratri’ there is Prasad mixed with bhang and it still plays a very symbolic role in the religious practices of Hindus.