Audits

Audits & Compliance March 21

Posted Posted in Cannabis Business Courses, CBD Business Courses

Audits and Compliance are often not taken seriously until a facility is inspected or investigated and the license is in jeopardy. Non-compliance can result in large fines and/or loss of licenses. There are well over 200 compliance points for each license type.

It is important to conduct external audits of compliance on at least a quarterly basis, along with full internal audits and internal spot checks for inventory and cash. There should also be full audits directly after new regulation has passed, before implementation is required.

Compliance CourseJennifer Germano is the founder and CEO of ICS Consulting Service, a compliance support focused consulting business. 

 ICS Consulting specializes in compliance-based services, such as third-party auditing for licensed facilities, employee compliance training, SOP development, facility build-outs, human resource and OSHA compliance, and assisting in opening new dispensaries

 In 2014 she helped convert a Medical Dispensary and Cultivation Facility, one of the seven licenses approved in the State of Colorado at the time for Recreational Cannabis, becoming a part of U.S. history. 

 

Module VII Compliance & Audits for Cannabis

2:00 – 6:00 March 21 Denver





Women's Cannabis Chamber of Commerce

Women’s Cannabis Chamber of Commerce creation and evolution Part II

Posted Leave a commentPosted in Cannabis Business Stories

I was the first person in line for the Cannabis Cup. There was an energy and smoke in the air. The entrance was surrounded by press, but they didn’t want to talk to me. The press was seeking out the most outlandish clad, pierced and tattooed people in line.

I overheard a couple of the interviews. The lead in question was “Why are you here?”. The answers surprised me. “I’m here to learn more about growing…new products…new strains…attend a seminar.” Not the answers the press wanted. They persisted, “Are you here to get high and party?” That question and answers made the nightly news.

Women's Cannabis Chamber of CommerceThe atmosphere was a cross between a tradeshow and a rock festival. I talked to each vendor. Although many were not seasoned business people, they were serious about the future of their companies. Their concerns were regulations, marketing and growth.

I sat in the back row for the symposiums and speakers. My heart rate quickened, I became aware of my breathing, it was as if I had discovered a life changing secret. It was the realization that cannabis as a business was going to be huge, that cannabis could heal, that cannabis could change the world in positive ways. And, most of all the emerging cannabis market was an opportunity for women to become company owners and CEOs.

Like the gold rush, this was a once in a lifetime opportunity and it was happening in my lifetime. I would be stupid not to seize this opportunity. I had no idea what my involvement or business would be.

During the drive back up the mountain, I argued with myself. How could I make a such a radical decision based on four days of research? My life was good, why get involved with a Federally illegal substance. This could go terribly wrong. Maybe I’m just high. It’s been years since I’ve smoked and there was a lot of marijuana in the air. I’ll get a good night’s sleep and everything will back to normal.

I woke up refreshed and focused.  I needed to do more research.

I didn’t realize that the only normal in my life was going to be NORML.

Three weeks later I was at the NORML Conference in Denver.

Women's Cannabis Chamber of Commerce

The Women’s Cannabis Chamber of Commerce is focused on all aspects of business. Our instructors have founded and developed businesses.

The Women’s Cannabis Chamber Chats videocast encourages guests to talk about what it took to launch their companies. The Quarterly Chamber Connect events brings business and industry leaders with presentations on relevant topics.

The blog gives women business owners a platform to write about their business journey.

Keeping with the “how to open a company” theme I am writing about how the Women’s Cannabis Chamber of Commerce began and evolved.

Women's Cannabis Chamber of Commerce

Why Compliance Audits Matter in your Licensed Cannabis Facility

Posted Leave a commentPosted in Cannabis Businesses, Women Owned Cannabis Businesses, Women Who Inspire

Why Compliance Audits Matter in your Licensed Cannabis Facility webinar is part of a monthly series on compliance.

This is an opportunity for anyone in a licensed legal State who works in, owns, or is considering starting a cannabis business. 

Topics covered in this webinar are:

*What is an Audit and Why do you need one

*Audit Types

*Third Party Audits

* How to Self Audit

* What does auditing do for your business

*How to prepare for your State Inspection

Jenny Germano is the founder of ICS Consulting Services, national speaker and is one of the instructors for the Women’s Cannabis Chamber of Commerce online business courses: 

How To Open A Dispensary

How To Open An Edibles Company

How to Open A CBD Product Company

ICS Consulting Services

Join us for our next upcoming ICS Webinar Series for June 26th 2019

@ 11 am MST.

 WWW.ICSconsultingService.Com

 

Madam C. J. Walker

Madam C. J. Walker Creating Success for Women

Posted Leave a commentPosted in Women Who Inspire

Madam C. J. Walker is my business mentor, inspiration, and motivator. Born Sarah Breedlove in 1857, she was orphaned at the age of seven. She often said, “I got my start by giving myself a start.” Sarah Breedlove went from picking cotton to changing the role of all women in business.

Struggling financially, facing hair loss, and feeling the strain of years of physical labor, Walker’s life took a dramatic turn in 1904. That year, she not only began using African American businesswoman Annie Turbo Malone’s “The Great Wonderful Hair Grower.”

In 1915 at the age of 58, she renamed herself  Madam C. J. Walker and with $1.25, launched her own line of hair products and straighteners for African American women, “Madam Walker’s Wonderful Hair Grower.” Madam C. J. Walker paved the way for Mary Kay, Avon and home parties like Tupperware. Two years later she opened a beauty school in Pittsburgh. In 1910 she opened the Madam C. J. Walker Manufacturing Company in Indianapolis,

Madam C. J. Walker created successful marketing strategies, training programs and distribution models that were considered innovative for the time.  She organized clubs and conventions for her representatives, which recognized not only successful sales, but also philanthropic and educational efforts among African Americans.

Madam C.  J. Walker was an advocate of economic independence for black women. She opened training programs in the “Walker System” for her licensed sales agents. She paid generous commission and employed over 40,000 African American women and men in the US, Central America and the Caribbean. The “Walker System” provided lucrative incomes for those whose main options were jobs as farm laborers or servants

Madam C. J. Walker founded the National Negro Cosmetics Manufacturers Association in 1917. She was an active part of the  social and political culture of the Harlem Renaissance.  Her philanthropies included educational scholarships and donations to homes for the elderly, the National Association for the Advancement of Colored People, NAACP, and the YMCA.

Negotiating

Negotiating Contracts Part 1

Posted Leave a commentPosted in CBD News, Hemp

Negotiating is a learned skill. This is Part 1 of a 10 part series on the Art of Negotiating Contracts within the Cannabis, Hemp, and CBD Marketplace, published every Friday.

Businesses within the cannabis, hemp and cbd marketplace have to negotiate a variety of contracts from purchasing, processing, packaging, leases, and getting products in front of consumers. Other contract negotiations may include buying or selling a business and contracts with investors. The importance of each contract can be intimidating.

You are negotiating for your business’ success and future.

You are negotiating for the people who work for or will work for you.

You are negotiating for the friends and family who supported you in your business journey.

As the person representing your company, you share equal power with the person you are in negotiations with. You are the CEO and decision maker in your business. What you bring to the table are quality products or services, impeccable customer service, business reputation and professionalism.

Successful negotiations begin before you sit down to negotiate a contract.

Success begins with your attitude, level of confidence, preparation and negotiating skills.

Negotiating is not a battle or confrontation. It is not about one side winning at the loss of the other side.

Negotiation is a Win-Win in which each party achieves its goals within the confines of a value-creating  process.

People never plan to fail, but they often fail to plan.

Prior to the actual sit down, research the company you are negotiating with. The internet makes it easy to obtain to general information;

  • When was the company started?
  • Who are the stakeholders?
  • Who makes the decisions?
  • What are the business goals?
  • Has there been a high turnover rate in management?
  • Is the company seeking investors or for sale?
  • Are they growing and expanding?
  • Does the company have a positive reputation?

The second element of preparation defines what you are negotiating for.

  • Be clear about objectives.
  • Determine your needs.
  • Assess the needs of the other party.
  • List and rank the issues important to you
  • What concessions are you willing to make?
  • What is your minimum acceptable outcome, anticipated outcome and ideal outcome?
  • Determine your Best Alternative To a Negotiated Agreement (BATNA)

The goal is a good deal, not a bad deal.

Addison Morris has been a serial entrepreneur since 1968. Addison believes that in the politically charged, competitive cannabis, hemp, and cbd marketplace, business principles and best practices are a crucial element for success. She speaks and teaches marketing, and negotiation skills. Her goal is to move women from empowerment into power through business education, resources and connections.  

Empowerment

What Is Empowerment?

Posted Leave a commentPosted in Women's Interests

Empowerment is a familiar word. Many of us stare at empowering quotes on our mirrors or frig every morning. We post empowering memes to facebook and write empowering affirmations  in journals. We stream empowering podcasts and videos, attend workshops and seminars. We are quick to offer words of empowerment to friends struggling with a bad work situation.

We Are Empowered!

But what does that actually mean? You can’t take empowerment to the bank or pay the bills with it. Does empowerment result in a better career or promotions or produce success? Is the result of empowerment power?

The Oxford English Dictionary defines empowerment as:  Authority or power given to someone to do something. The process of becoming stronger and more confident, especially in controlling one’s life and claiming one’s rights.

Merriam Webster definition is: the state of being empowered to do something :  the granting of the power, right, or authority to perform various acts or duties.

To be empowered do we need to first be in a position of disempowerment?

Merriam Webster defines disempowerment as: to deprive of power, authority, or influence : make weak, ineffectual, or unimportant.

Deprive of power, authority, or influence. There is no freedom in those words. They are cold and cruel. Make weak, ineffectual, or unimportant. The words of emotional and physical abuse. There is no respect any of the words. So, does empowerment give us power, authority, or influence? Does empowerment make us strong, effectual, and important?

Power is controlling and benefiting from our resources, assets, income and time. Power is the ability to manage risk and improve our economic and personal well being. Power is having a voice.

Empowerment is a process not a solution. To move from empowerment into power, actions must be taken.

Replace the quotes on your mirror and frig with your goals and a “to do list” of the steps you think you need to accomplish your goals. Develop a timeline, and develop the discipline to adhere to it.

Seek out associations and groups of like minded people for support, information and resources. Our greatest resource is the people we meet. They can provide valuable advice based upon their business experiences or a fresh way of looking at a concept. The next person you meet may own a product or service that is beneficial to your business. Networking is about forming business relationships and commoradiere

As women we’ve been empowered long enough it’s. It’s time to focus the self confidence and courage of empowerment into action. Be the Power in your own life!

Press

How To Prepare for Press Coverage

Posted Leave a commentPosted in Marketing

Where’s the Press? Your logo and branding is impeccable, your packaging is beautiful and your product or service is of the highest quality, but the press isn’t emailing you. Press has the ability to make you stand out from your competitors and bring national recognition. Coverage is a public relations tactic that ignites social media efforts organically.

Position your press. It is human nature to want to feel “in the know,” and the press is no different. What are they currently covering in your market? Is there a way to ride the wave of existing coverage on a certain niche or topic? Be strategic. Look at your target market. Where and how are they obtaining their information? What blogs and articles are they reading? Who do they consider influencers?  This is an excellent outreach list to consider when deciding where to spend your time and effort.     

What are other industries impacted by your service or product? For example, are you a cannabis packaging company? Are you creating strategies for the cannabis market AND the packaging industry? Let’s say you design an incredible edibles Easter basket. You need to reach beyond the edibles market. Are you reaching out to florists? Culinary press? Sending non-infused versions of your basket to press in non-legal states? Get creative in your outreach avenues.

Create a story.  The press is bombarded with people who believe their product is worthy of coverage, so it’s critical you think like an editor and decide to be coverage-worthy. While the press may not necessarily be interested in covering your new product launch, perhaps there is a story related to your product that IS press worthy. Did your product have a life-changing impact on a customer? THAT is press-worthy. Be authentic in your passion for the impact your company is having on the industry. Passion is infectious and can motivate coverage from the press.

Make It Easy  Do you have your style guide ready for the media to pick up the information they need to cover you?  Are you accessible to them? Do you have incredible photographs of your product ready?  The easier you make it on people to find you and find the information they need to cover you, the more likely you are to be covered.

DON’T allow uninteresting people to represent your product in interviews.  Have an interview coming up?  Prep. Know your product, your target market, and your goals.  Be charismatic. People buy into the people behind a product just as much as the product itself.

Commanding excitement for your product or service and understanding how and why people choose to follow certain campaigns and companies can be intimidating.  It’s essential you think about how and why your story is worthy of coverage and manifest your efforts around that belief.  You have the power to design your story and share it with your audience. Make yourself memorable.

Reposted from Granjaprenuer Original Article By Doreen Sullivan

arcview

Arcview Market Research Predicts Cannabis Sales of $57 Billion by 2027

Posted Leave a commentPosted in Marijuana and the Ecomony

According to Arcview Market Research and its research partner BDS Analytics, over the next 10 years, the legal cannabis industry will see much progress around the globe. Spending on legal cannabis worldwide is expected to hit $57 billion by 2027. The adult-use (recreational) market will cover 67% of the spending; medical marijuana will take up the remaining 33%.

The largest group of cannabis buyers will be in North America, going from $9.2 billion in 2017 to $47.3 billion a decade later. The largest growth spread, however, is predicted within the rest-of-world markets, from $52 million spent in 2017 to a projected $2.5 billion in 2027.

Reposted article from Forbes.com original article by , Forbes 

The worldwide adult recreational cannabis market remains hampered by the United Nations and its 1961 Single Convention on Narcotic Drugs. The Arcview and BDS report believes nothing will be done to change the U.N. attitude until U.S. federal laws legalize marijuana — something Arcview’s CEO, Troy Dayton, believes will happen after the 2020 presidential election.

Still, the main difference between the U.S. and European cannabis markets is that in the U.S., recreational use will dominate sales. With a budget of $1.3 trillion in health care spending, European government-subsidized health care systems will bring the medical cannabis market to dominate Europe and become the largest medical marijuana market in the world.

Tom Adams, editor-in-chief at Arcview Market Research and principal analyst at BDS Analytics, points out that the big news in 2017 was Germany opening up cannabis for medical use in pharmacies. He celebrates a big and constant turnaround in the worldwide cannabis market ahead.

Highlights of the 65-page report “The Road Map to a $57 Billion Worldwide Market” include:

 The initial decision by many U.S. states and Canada to create medical-only cannabis regulations prompted many other countries to act similarly. But California’s and Canada’s willingness to legalize adult recreational use triggered a second wave of laws internationally to increase access to medical cannabis.

 South America has some of the most liberal medical cannabis programs. Led by Brazil, Argentina, Peru and Uruguay (the only country in the world in which adult recreational use is legal for all its citizens), the South American medical cannabis market may grow from $125 million in 2018 to $776 million in 2027.

 Germany is poised to be the leader of the European cannabis market, and Italy is expected to be second with $1.2 billion in sales by 2027. Overall, however, the European cannabis market is not expected to grow as stridently as its potential suggests.

 Australia’s legal cannabis market is forecast to grow from $52 million in 2018 to $1.2 billion in 2027, the 5th largest in the world.

 Israel has a small population and a long history of legal medical marijuana use. It continues as a leader with years in the development of cannabis pharmaceuticals.

 Canada is among the few countries where investors have already shown confidence in the future legality of the cannabis industry; they are betting with billions of dollars pouring into public equity investments.

Cassandra Farrington

Cassandra Farrington, CEO and Founder of Marijuana Business Daily

Posted 1 CommentPosted in Women Who Inspire

When the federal crackdown on medical marijuana dispensaries in 2011 began to scare off would-be entrepreneurs, Cassandra Farrington, CEO and co-founder of a brand new marijuana trade newsletter didn’t blink. She and her business partner “kept the lights on” in their small Denver publishing house while their only competitor went dark. They ended up building what they hoped would be “The Wall Street Journal” of legal cannabis.

Reposted from Forbes.com written by 

“It always made sense to keep going,” says the former Citigroup exec,Cassandra Farrington.  who helms the website, print and email publication Marijuana Business Daily, a.k.a., MJBiz Daily, plus its mega trade conference that will draw more than 14,000 attendees next month in Las Vegas. The Marijuana Business Conference & Expo is the largest B2B gathering in the burgeoning landscape of legal weed and was named to Trade Show Executive’s “Fastest 50” the last two years.  With 843% overall growth across its verticals in 2016, MJBiz Daily won accolades as a top media company by Inc., landing on its Inc 5000 list

“We’re not a lifestyle publication or a culture magazine or a celebration of the plant type publication. We are truly all about the dollars, cents, actions, partnerships: the business side of the industry,” Cassandra Farrington explains of her company’s position in a market that has seen an explosion of media startups devoted to covering all aspects of legal weed like Merry JaneWeed WeekGreen Rush Daily, and Marijuana Investors News.  With some form of pot legalized in 29 states plus the District of Columbia and consumer spending across North America projected to jump from $6.7 billion to $20.2 billion in 2021, the race is on to cash in on cannabis.

“It is a huge industry, not just in the United States, but globally and getting bigger every day,” says the mom of two who laughs that she was “outed” to her neighbors and friends as a cannabis entrepreneur one evening as she was co-leading her daughter’s Girl Scout troop meeting.  It was November 2012, in the days following Colorado’s historic vote to end pot prohibition and after the local media covered MJBiz Daily’s very first conference in her hometown. That night, curious parents recognized her from the news.  One dad shyly asked if he could take her to coffee to learn more about the industry. Another parent wanted advice on where to buy a joint.

“Between those two interactions, I was like, ‘This is going to be just fine,” she recalls.

In the years since, the legal market has swelled and so has the appetite for business content. Farrington saw early on that founders and investors venturing into the new terrain of legal marijuana needed news and timely information to navigate the changing scene. When a 2011 article in The Atlantic reported there were more marijuana dispensaries in Denver than Starbucks, she and her partner knew they were on to something big.

“We had a set of criteria that we judged everything against. Is [an industry] growing at a certain pace, at least 7% a year? Does it have a certain number of actual businesses with actual employees, not solo entrepreneurs or consultants or individuals, but people who actually have to make payroll every two weeks or every month? Pay rent on a facility that sort of thing that shows their level of investment,” she explains of the metrics they used to measure the market. What they discovered was a demand for unbiased news affecting the practical aspects of running a business, including tax policy, licensing and regulation.

Women's Cannabis Chamber of CommerceWomen’s Cannabis Chamber of Commerce moving women beyond empowering and inspiring into action and business success.

dispensaries

Minority Owned Cannabis Dispensaries and Businesses That Are Shaping the Industry

Posted 2 CommentsPosted in Marijuana Businesses, Women Owned Cannabis Businesses

Minority Owned Cannabis Dispensaries and Businesses That Are Shaping the Industry:  As the cannabis industry becomes more robust, one way to help combat the war on drugs and its devastating effects on minority Americans is to support your local minority-owned dispensaries and cannabis companies. This is far from a complete list, but here are some great cannabis companies that are owned and operated by minority business owners.

Reposted from Leafly.com written by Lisa Rough

Based out of Oregon, Panacea Valley Gardens is a medical cannabis cultivation facility owned by the co-founder and chairman of the Minority Cannabis Business Association (MCBA), Jesce Horton. He also owns Panacea, an adult-use dispensaries.

In 2016, Horton began developing a new vertically-integrated cannabis cultivation hub known as Saints Cloud. The facility is expected to have a 20,000 foot cultivation space, a dispensary, an onsite processing plant, and water recycling, solar paneling, and a heat exchange system for maximum energy efficiency. Eventually Horton hopes to add an event space, cannabis lounge, and bed & breakfast.

Hollingsworth Cannabis is a family affair involving three generations of the Hollingsworth clan. Located in Washington, this Tier III I-502 licensed cannabis producer and processor offers cannabis flower and infused, triple filtered cannabis oil at a number of different dispensaries across the state.

Raft Hollingsworth III (also known as RT3) works alongside his father, Raft Hollingsworth, Jr., two sisters, and even their 96-year-old grandmother, Dorothy Hollingsworth. With a commitment to environmentally friendly practices, Hollingsworth uses naturally sustainable growing and harvesting practices to ensure that the company’s carbon footprint remains as small as possible.

Simply Pure, a dispensary in Denver, Colorado, is the brainchild of Wanda James and her husband, Scott Durrah. After a successful run at managing Caribbean restaurants, consulting companies, and even a bid for Congress, Ms. James saw a need to shed light on social justice issues related to cannabis. Her brother was arrested and charged with a felony for the possession of cannabis when he was still a teenager, and she saw his future branded with an irreversible mark. In wanting to put a new face on cannabis, she and her husband are aiming to change how the world views cannabis and especially people of color involved with cannabis.

Miguel Trinidad, the brain behind 99th Floor, was a renowned chef of Filipino cuisine when he decided to embrace cannabis with his own invite-only pop-up infused dinners. Trinidad hails from Dominican Republic, but spent time in the Philippines studying the local cuisine before opening a restaurant with his partner, Nicole Ponseca, in New York called Maharlika.

New York has very strict cannabis laws; ergo any invitations to this dinner are exclusive and very hush-hush. Trinidad carefully curates an entire multi-course meal that revolves around the strain chosen for each dinner. Less discreet is Trinidad’s new line of edible products and more gourmet pop-up dinners that will be available on the California cannabis market.

The American Cannabinoid Clinics is made up of a family of physicians who combined their respective fields to help thousands of patients in California, Oregon, and Washington seeking answers about medical marijuana. Dr. Janice Knox spent 35 years working in medicine, but when she retired, she continued to hear from patients that had questions about using medical cannabis.

Knox teamed up with her husband, Dr. David Knox, who has 37 years of clinical experience in Emergency Medicine, as well as both of her daughters; Dr. Jessica Knox, who specializes in Preventive Medicine, and Dr. Rachel Knox, who studied Family and Integrative Medicine. Together, the Knoxes have spent the last six years treating thousands of patients across the Pacific Northwest.

Supernova Woman is an organization formed by Women of Color in Cannabis in 2015 to help foster small cannabis business opportunities to become self-sufficient in the industry. The group, founded by Tsion “Sunshine” Lencho, Amber Senter, Nina Parks, Andrea Unsworth, offers a series called Shades of Green to educate communities of color on how to get involved with legislative efforts for cannabis, and how regulations and local politics can affect your business.

Located in California, the organization also offers professional services on how to build your dispensaries or cannabis business and how to stay in compliance. It works with people who have prior cannabis convictions to help get their records expunged, guiding them through the entire legal process. Supernova is especially aimed at creating and fostering a safe space for women of color in the cannabis industry. One of the founders, Andrea Unsworth, also owns the cannabis collective Stash Twist.

When Lynwood, California began accepting applications for permits in the Los Angeles County, Priscilla Vilchis jumped at the chance to grow and manufacture cannabis products as a Latina woman in the legal California market. With two medical marijuana cultivation and processing licenses already under her belt in Nevada, she won preliminary approval for a new dispensaries, Cali Premium Produce.

In Nevada, one of her flagship brands is cheekily named “Queen of the Desert,” and Vilchis is hoping to expand her flagship products to California. She will also be working on outreach efforts to educate the public and especially older generations in the Hispanic community on the benefits of cannabis.

Corey Stevens wanted to take advantage of the new legal cannabis market in Washington state, but he had no idea of the many obstacles he would have to overcome. Stevens had to fight tooth and nail to get a foot in the door. He applied for a license multiple times, applied for a Conditional Use Permit in the local jurisdiction, and submitted public comments to the county. Though he fought an uphill battle, his persistence paid off. Natural Blessing, dispensaries, opened its doors in July 2016 and has been serving the cannabis community ever since.

Apothecarry was started by a 36-year-old Michigan State University graduate named Whitney Beatty. Initially Beatty did not set out to enter the cannabis industry; rather, she only looked into cannabis for therapeutic reasons after being diagnosed with anxiety. As Beatty became more and more educated and versed in cannabis knowledge, she didn’t identify with the pervasive image of “stoner culture” that stigmatized cannabis for so long. More and more, she found others who lamented the lack of high-quality storage for cannabis that could keep their stash safely out of reach from children and pets.

Available in the United States and Canada, the Apothecarry line includes its most popular product, the Apothecarry Case, a state-of-the-art Humidor organizational system crafted from hardwood and secured with a dual combination and key lock to prevent kids, pets, or nosy neighbors from seeing or smelling your stash. Not only is Apothecarry challenging long-held cannabis stereotypes, it’s one of the few companies owned by a woman of color and the entire operation was funded by minority investors.

Euphorium in Oakland, California, is a woman-owned non-profit cannabis collective and delivery service. The owner, Charlita Brown, comes from a background in pharmaceuticals and uses her knowledge to make sure that patients’ questions are answered and that they are satisfied with both the product and the services provided. Brown also uses her cannabis collective as a platform to help empower women of color in the cannabis industry.

Aaron McCrary got his start as a cannabis cultivator in Washington state, working first underground and then within the legal medical marijuana market. When Nevada voted to legalize cannabis, he took a chance on the emerging market and is now known as the first black master grower in the state.

Zion Gardens, his 6,000-square-foot facility in North Las Vegas, is growing like a weed, and McCrary has plans to expand to a new building by January 2018. During the hiring process, McCrary goes out of his way to provide opportunities for other people of color, women, disabled individuals, and anyone else who might otherwise be excluded.

Commencement Bay Cannabis, the first retail cannabis shop in Fife, Washington, is one of a kind. The Puyallup Tribe, native to the Pacific Northwest, transformed its former high-end cigar lounge, Stogie, into a classy upscale space for retail cannabis customers to peruse menus and make educated purchases. Commencement Bay Cannabis has inspired participation from Puyallup Tribal Council members, the Fife-Milton-Edgewood Chamber of Commerce, and other local business owners. The store celebrates the spirit of Mount Tahoma and the Puyallup River while providing high-quality cannabis in a judgement-free environment.

Women's Cannabis Chamber of Commerce

Women’s Cannabis Chamber of Commerce moving women beyond empowering and inspiring into action and business success.

Cannabis Report

Annual Cannabis Report Projects Massive Growth

Posted Leave a commentPosted in Marijuana and the Ecomony

The 2017 Annual Cannabis Report projects massive growth published by New Frontier Data, probes the industry’s projected market growth, employment opportunities, and marijuana’s potential role as a key revenue source for states and municipalities. Additionally, the report identifies last year (2016) as a turning point for cannabis legalization and contemplates the industry’s uncertain future under the current administration.

reposted from Marijuana.com written by  

Nine states that cast their ballots for legalizing medical marijuana during the 2016 election cycle also voted to elect Donald J. Trump as the 45th POTUS, according to a recent Cannabis Report 2017

Dissected and disseminated for ease of ingestion, the company offers one noteworthy disclaimer:

“Projections are based solely on the state markets that passed medical and adult use legalization initiatives as of January 2017, and do not include assumptions for any additional states which may pass legalization measures before 2025.”

Caveat given, according to the company’s 2017  cannabis report, the total legal marijuana market in the U.S. is projected to cultivate some sobering revenue by 2025 – hitting $24.1 billion.

Women's Cannabis Chamber of Commerce

Worth an estimated $4.7 billion in 2016, America’s medical marijuana market is anticipated to top out at $13.2 billion by 2025. And fueled by America’s changing demographics, the report projects that recreational sales will hit $10.9 billion during the same period.

Women's Cannabis Chamber of Commerce

 

Women's Cannabis Chamber of Commerce

While not all Americans agree that marijuana “should be legalized, regulated, and taxed like cigarettes and alcohol,” the majority of respondents participating in the January survey thought it should. For the survey, Full Circle Research conducted a national poll of 1,671 adults, and found that 55 percent support the outright legalization of recreational marijuana — leaving just nine percent of the respondents in opposition to reform.

Women's Cannabis Chamber of Commerce

Per the report, cannabis offers a potential solution for America’s addiction to pharmaceutical drugs:

“As presented last month, a new report by the National Academies of Sciences, Engineering, and Medicine (NAS) has found conclusive and substantial evidence that cannabis can be effective in treating the symptoms associated with chronic pain, the primary reason for which opioids are prescribed. Furthermore, a 2016 study by the University of Georgia found an 11% reduction in annual drug prescriptions in states legalizing medical cannabis as compared to those which prohibit it.”

 

Cannabis Report

 

A noteworthy result of the 2016 general election was the legalization initiatives passed in traditionally red states. After casting their ballots for Donald J. Trump as POTUS, voters in states like ArkansasNorth DakotaLouisiana, and Montana also passed medical marijuana initiatives by a respectable margin.

 

 

Women's Cannabis Chamber of CommerceThe Women’s Cannabis Chamber of Commerce moving women beyond empowering and inspiring into action and business success.

Marijuana affects

How Marijuana Affects Women Differently than Men

Posted Leave a commentPosted in Women's Interests

Marijuana affects men and women in different ways and it’s not because of size. Some research claims that estrogen and THC have a pretty meaningful relationship, giving a boost to women and how they experience cannabis’ benefits.

Reposted from Alternet written By Maria Loreto

Research from Washington State University found that women who are ovulating – the moment their estrogen has peaked and begins to fall – marijuana affects made them feel much more pain relief and relaxation than men and women who aren’t ovulating. According to this research, women are also able to feel more pain relief than men due to THC’s relationship to estrogen. Research conducted on mice supports this belief, demonstrating 30 % more relief from the females than the males. Men will have to consume much more cannabis to experience the same marijuana affects on the amount of pain relief.

Women also develop tolerance much faster than men, which is not such a good thing, because they have to smoke much more to get the usual high. This trait was demonstrated on a study conducted on mice, which proved that females developed a resistance within a period of 10 days, at which point they needed a much higher dose of cannabis to show a response to the plant.

In low doses, cannabis improves the libido of women, but high doses have the opposite effect due to the way in which THC affects estrogen, impairing it and making women less interested in sex. When it comes to men, it’s more complicated because it raises their libido shortly after smoking while consumed in low doses. When consumed in high doses, the spike in libido is much shorter.

According to research from Washington State University, men’s hunger is greatly more affected than women’s, making them eat much more than them.

Women's Cannabis Chamber of CommerceThe Women’s Cannabis Chamber of Commerce moving women beyond empowering and inspiring into action and business success.

Marijuana's image

Marijuana’s Image is being Changed by Women Consumers

Posted Leave a commentPosted in Women Owned Cannabis Businesses

In a blip in time, marijuana’s image has been rebranded from sketchy to consumer-friendly, largely thanks to female executives disassociating the plant’s positive attributes from its historically bad rap. Women dominate from a consumer standpoint, too—from Apothecanna’s ganja-infused moisturizers to Whoopi & Maya’s THC-laced bath soaks, it seems there are no lucrative opportunities left unturned. In the midst of this canna-commodity boom, one company is gaining an edge by taking marijuana’s image a little farther south than it’s used to.

The following blog post was reposted from Good.is and written by Kate Ryan

Leading the charge in this seismic shift toward canna-acceptance is Brittany Confer, a community leader and public relations expert for Foria Pleasure, a company that peddles impeccably designed, cannabis-packed products for women. Whether you’re looking to enhance sexual pleasure with THC-saturated personal lubricants, ease menstrual cramps with vaginal suppositories, or even intensify anal sex with Foria’s newest creation, Foria Explore, they’ve got you covered. But beyond expanding consumers’ sex lives and marijuana’s image, Foria is the kind of company, Confer believes, that “will play catalyst to future cannabis legalization in other states.”

With the exception of one delicate, gold marijuana leaf embossed on the label, nothing about the products’ packaging would suggest its primary component is weed. When absorbed vaginally, the 2.5mg of THC in each spray of Foria Pleasure and 60mg of THC and 10mg of CBD in each Foria Relief suppository relax pelvic muscles and increase blood flow without initiating a psychotropic high or a serious case of the munchies. “Because we focus mainly on products that produce little to no psychoactivity (when used as intended),” says Confer, “it is easier for people to view cannabis less as a recreational ‘drug’ and more as a therapeutic medicine.” Though, like any THC-infused edible, the effects can sometimes take up to an hour to kick in, depending on the user’s body chemistry.

Currently available in Colorado and to California residents with a physician’s recommendation letter, the widespread sale of Foria products hinges on the federal legalization of marijuana. When and if that happens, these not-so-dinner-conversation friendly items will have a leg up in the mainstream market thanks to the refreshingly sophisticated packaging and Confer’s own hard work evangelizing women’s sexuality and marijuana’s image.

Realizing she wanted to support a company with more purpose than a bathing suit or nail polish brand, Confer jumped at the chance to work with Foria cofounder Mathew Gerson. On the decision to lead the brand’s marketing efforts, she says,

I saw it as an opportunity to empower women, to encourage women to take control of their own pleasure experience, to facilitate sexual equality, to educate people on the therapeutic benefits of cannabis and to support my personal desires as a long time cannabis legalization advocate. For me it was the perfect fit of powerful movements.”

Since she started at her new position, Confer says she’s been inspired daily by the positive feedback she’s received via “touching patient testimonials.” One woman, for example, reached out after Foria Relief put an end to her decade-long battle with endometriosis. Not only did the product ease her pain sans pharmaceuticals, it helped strengthen her relationship with her partner as well. “I feel like a super hero when I hear that,” says Confer.

With plans to expand internationally, Foria hopes to expose people all over the world to the medicinal benefits of cannabis and offer alternatives to pharmaceuticals. If Foria’s success and Confer’s tenacity are any indication, women will dictate the cultural reimagining of a socially active and sexually liberated stoner. As Confer echoes, “The possibilities are endless.”

Emma Watson
‘I think women are scared of feeling powerful and strong and brave sometimes. There’s nothing wrong with being afraid. It’s not the absence of fear, it’s overcoming it and sometimes you just have to blast through and have faith.’

Women's Cannabis Chamber of Commerce

www.WomensCannabisChamberofCommerce.com

 

Jessica VerSteeg

Jessica VerSteeg is Aiming to Link the Fractured Parts of the Cannabis Industry

Posted Leave a commentPosted in Women Owned Cannabis Businesses

Jessica VerSteeg’s Paragon is on a mission to apply blockchain technology to fix many of the issues in the cannabis industry.

Jessica VerSteeg has enjoyed quite a bit of success in the public eye. She is a former Miss Iowa and was also a contestant on CBS’ “Amazing Race.” But Jessica Versteeg has set out to find success in a whole industry.

The following blog post was reposted from MGretailer.com  and written by Danny Reed

She made the transition into the cannabis industry with AU Box, a delivery service that dropped off cannabis products to her client’s doorstep. This is where she noticed some of the issues hampering the cannabis industry.

“I found problems with AU Box that I was coming up against, like verifying lab results,”Jessica VerSteeg told mg.

Her experiences with Au Box and the realization that there were no reliable centralized sources of information for the cannabis industry, motivated her to come up with a solution. Jessica VerSteeg thought that blockchain technology could help link all of the scattered information that is crucial to the cannabis industry. That is what drove her to create Paragon, which will use “Paracoins” as its cryptocurrency.

One of the biggest and most well-known problems in the cannabis industry is related to banking, or the lack thereof. Since cannabis is illegal on a federal level, banks are unwilling to work with companies in the industry. This creates a difficult situation, especially for dispensaries and growers. They have cash and cannabis on hand, making them a target for criminals. And hoarding the cash into a far away safe does not always solve the problem. Businesses have to be able to make financial transactions instantly, whether it is paying employees or for professional services. So that usually means keeping a fair amount within reach.

But what if there was another way to pay bills, without keeping piles of cash around? Jessica VerSteeg may be able to provide an option. If the industry were to adopt Paracoin then it would “take a large percentage of cash off the market,” according to Jessica VerSteeg. “Basically, anything and everything in the industry, from lawyers to lab fees to PR firms can be paid in crypto.”

Besides providing a safer payment system, blockchain technology can be used to protect sensitive data, something the cannabis industry has an abundance of. Strain testing results, pesticide levels, and THC/CBD percentages could all be added to the blockchain ledger, providing consumers with accurate information. Traditional databases are vulnerable to data theft. This can pose a major problem for patients that do not want medical information, or even the fact that they use cannabis out in the public. Patient and customer identification, physician recommendations and much more could be centralized for access, but protected from those who should not have it.

Paragon is also looking to address another issue many in the cannabis industry experience. Finding a cannabis friendly workspace can be tough. Even companies that do not produce cannabis flower are likely to have infused products sent to them by other companies. This can create a major issue for landlords who are weary of becoming a target for law enforcement.

Jessica VerSteeg is planning on offering professional coworking spaces for members of the cannabis industry.

“Now you can be in a space with like-minded people in a comfortable environment and you may even end up working with other people there,” VerSteeg said.

Madonna
‘To the doubters and naysayers and everyone who gave me hell and said I could not, that I would not or I must not – your resistance made me stronger, made me push harder, made me the fighter that I am today. It made me the woman that I am today. So thank you.’

Women's Cannabis Chamber of Commerce

www.WomensCannabisChamberofCommerce.com