Our CEO Marion Mariathasan was invited to talk in the Cannabinoid Connect podcast.

There is no doubt that 2023 has been a bumpy start for many in the cannabis sector. A bear market is obliterating company valuations. Federal reforms are moving at a glacially slow pace. Inflation continues to choke the equity markets. And to top it off, the plant is still federally illegal, making these collective challenges more than trying. Read this article written by Marion Mariathasan.

Between cultivation, the manufacturing of edibles and other products, and retail responsibilities, cannabis companies from all corners of the industry have a lot on their plate. Luckily, companies like Simplifya can help safeguard cannabis entrepreneurs from regulatory penalties.

With the SAFE Banking Act failing to pass this past December, federal reforms nowhere on the horizon, inflationary pressures surging, a bear market decimating valuations, equity markets all but shutdown, and thriving illicit markets in many states – it turns out that the cannabis industry may not be recession-proof after all. Read the rest of the article written by Katrina Skinner.

Cannabis legalization efforts could make continued progress in 2023, with lawmakers in at least a half-dozen states likely to consider bills to end the prohibition of marijuana. Our regulatory analysts Justin Bedford and Snowden Stieber commented for Cannabis Now.