Don’t Bank on Bankruptcy

When attorney Charles Ferrari works with licensed marijuana operators to help set up their businesses, he warns them that federal bankruptcy likely won’t be an option. “Candidly, if you’re involved in cannabis even tangentially, you’re possibly operating without a parachute,” said Ferrari, senior counsel for … [Continue]

Business Along Borders

The quaint resort community of Great Barrington, Massachusetts, has fewer than 7,000 residents. But in the state’s first three months of adult-use marijuana sales, Theory Wellness, the town’s first dispensary, sold more than $6 million in cannabis products. That’s double what the company’s CEO, Brandon … [Continue]

The Internship

Plant-touching and ancillary businesses are developing internship programs to cultivate talented college students and graduates who are interested in careers in cannabis. From cannabis testing labs to dispensary software businesses, companies are opening their doors to students with the hope that when the top performers … [Continue]

Holding on to Hemp

Postharvest handling and storage techniques are essential for maintaining a profitable business Storing hemp properly is arguably as important as planting, harvesting or any other step in the cultivation process, because it can be just as crucial to farmers looking to turn a profit. Standard … [Continue]

Photo Essay: Lab Testing for Yeast and Mold

Biocontaminants such as yeast, mold, E. coli and salmonella can be a costly problem for marijuana cultivators or cannabis-infused product manufacturers. They can wreak havoc on a facility or cause product to fail mandatory tests, which can require large batches to be destroyed or remediated … [Continue]

Making Your Mark and Protecting It

Marijuana products technically aren’t eligible for federal trademarks because the plant is illegal under the Controlled Substances Act. But that doesn’t mean cannabis businesses can’t protect their intellectual property and build brand awareness through patents and federal trademarks—the latter is applicable if the application doesn’t … [Continue]

The Name Game

Picking a name for a cannabis company goes beyond making a pot pun or incorporating words like “420,” “canna” or “green” into your brand. The name of your marijuana business should reflect the image you want consumers to associate with your brand. A name that … [Continue]

Cannabis Corporate Governance

The rough-and-tumble nature of an emerging industry. Company founders with potential black marks on their record. Heavy—and often-changing—regulations. These are among the factors that explain why the cannabis industry has a corporate governance problem. It’s a challenge that executives at publicly traded cannabis companies can … [Continue]

Garbage Game

A college stint on an Illinois cattle farm gave John Whiteside some stinky inspiration to launch a business in one of the most promising sectors of the marijuana and hemp industries: waste disposal. Now the cannabis waste sector and entrepreneurs such as Whiteside are exploring … [Continue]

How to Avoid Being a California Cannabis Casualty

Thousands of companies have exited the California marijuana industry since it morphed in 2018 from a 20-year gray market into one of the most highly regulated cannabis business landscapes in the United States. The reasons vary from company to company—ranging from an inability to obtain … [Continue]