General Archives - Simplifya

Top 8 Compliance Tips for Cannabis Businesses

Managing compliance for a business in a highly regulated industry, like cannabis, can seem overwhelming. You have to manage onerous requirements for recordkeeping, reporting, inventory tracking, testing, packaging and labeling, and security systems. The list goes on. You also have to verify that every employee of the company is following the rules, which frequently change. [...]

General Bill Gunnison 0

10 Nov

Prioritizing Cannabis Compliance: Is An Audit Worth The Cost?

Across the country, in 2022 alone the expansion of legal cannabis markets broadened the number of entrepreneurs and businesses entering the cannabis space. East coast states such as New Jersey and Connecticut joined ranks with others and rolled out their recreational programs this year. Whether you’re a cultivator, starting a cannabis business, or have been [...]

General Olivia Swann 0

17 Oct

The Comeback: How Hispanics are Breaking Back Into Cannabis

Hispanic and Latinx History is American History Although Hispanics and Latinxs are thought to be the same, they are two distinct groups. Hispanic is a term used for people with a background from a Spanish-speaking country. Latinx is a term that refers to people who come from Latin America. Just like the term “Hispanic”, “Latinx'' [...]

General Elisa Cruz 0

5 Oct

Is Ensuring Compliance with Cannabis Rules and Regulations Important for Tamping Down on Illicit Markets?

The policies behind the rules and regulations that govern cannabis programs implemented at the state level often reflect past anti-cannabis biases and, perhaps erroneously, the belief that robust regulation is the only way to transition the industry from illicit-market activities to legitimate marketplace participation. Licensed cannabis operators want to believe that complying with state regulatory [...]

General Katrina Skinner 0

21 Jun

Tri-State Cannabis Market – Growth and Related Regulatory Hurdles

California has received more than its fair share of attention from cannabis industry participants since launching its adult-use program in 2018. However, as California licensed operators struggle to operate in the state’s heavily regulated market that imposes crippling taxes while competing against illicit operators, industry insiders are starting to focus their sights on the tri-state [...]

General Katelin Edwards 0

24 Feb

2022 Simplifya Cannabis Outlook

Working in the cannabis industry sometimes feels like a blur. It seems like just yesterday that states like Colorado and Washington voted to legalize recreational cannabis. Almost ten years later, the U.S. has a maturing nationwide cannabis industry that is experiencing consolidation in certain markets through mergers and acquisitions. This activity has created multi-state operators [...]

General Luke Ewing 0

24 Feb

The Value of Proactive Cannabis Compliance

Compliance is one of the biggest deterrents to entry into the marijuana industry. For most, it is costly, cumbersome, and confusing. It is also non-negotiable. Medical marijuana is legal in 34 states and the District of Columbia, with legalization under consideration in a handful of other states. Many states have also authorized recreational use. All […]

General BriAnne Ramsey 0

3 Feb

The U.S. Economic Impact of Cannabis in 2021

In the midst of a global pandemic and economic downturn, legal cannabis is surfacing as a recession-proof industry. The economic impact of cannabis in the United States has increased state tax revenues and created more jobs. It has also impacted real estate prices and progressed social equity. 2021 was a big year for the U.S. […]

General BriAnne Ramsey 0

11 Jan

5 Predictions For The Cannabis Industry In 2022

It is no secret that the cannabis sector is rapidly growing and evolving. We saw a lot of changes in 2021 - more than what we could have anticipated. So what is 2022 going to be like for cannabis? Here are our 5 predictions: 1. The International Market Will Continue To Expand Cannabis will become [...]

General Caroline Germano 1

1 Dec

A simple way to estimate cost of compliance

We hear a variety of objections that boil down to some form of “I’ll take my chances.” The statement implies that the cost of compliance with marijuana regulations is greater than the cost of non-compliance, but is that really true? The answer, of course, is that it depends. Cost of Compliance The cost of compliance […]

General Rick 0

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Category: General