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Who Will Win Cannabis Licenses in Georgia? | Cannabiz Media

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One of the next states to issue licenses will be Georgia. This southern state has a large population and is embarking upon a limited license program where Georgia’s Access to Medical Cannabis Commission will bestow only six licenses. The Atlanta Journal Constitution just reported that the state has received almost 70 applications, but the applicant information is not public. However, we have deduced some of the likely applicants below.

The commission may issue up to two Class 1 production licenses. A Class 1 production licensee shall be authorized to: (1) Grow cannabis only in indoor facilities for use in producing low THC oil, limited to 100,000 square feet of cultivation space; and (2) Manufacture low THC oil.

The commission may issue up to four Class 2production licenses. A Class 2 production licensee shall be authorized to: (1)Grow cannabis only in indoor facilities for use in producing low THC oil, limited to 50,000 square feet of cultivation space; and (2) Manufacture low THC oil.

Both of these license types come with high application and renewal fees along with proof of capital and bond or line of credit. These licenses are expected to be issued in late spring or early summer.

When we founded Cannabiz Media, our choice was to focus exclusively on cannabis licenses, companies, and contacts. The awarding of licenses typically arrives after a long process of voting, horse trading, and regulation drafting. By the time a license makes it into our database – it is the end of a very long road. However, this long process throws off some exhaust gasses along the way that can indicate possible future outcomes. Two sources of this information include business formations and lobbying.

Business Formations

A tried and true approach to understanding a jurisdiction is to register to do business there. This may give the executive team a chance to be on the ground and meet business residency requirements in their license quest. In looking at the list of well-known MSOs – these are the ones we found registered in Georgia:

Georgia Cannabis Licenses Newly Formed Businesses

Five of these were formed in 2020. Parallel/aka Surterra Holdings mentioned in their just released deal deck that they submitted an application last month for cultivation, production, and retail licenses and “We believe our status as the only MSO domiciled in Georgia(corporate office) will benefit us during the review process.” I’m not sure that will make it into the scoring sheets but home-town heroes tend to know people. One of the application forms does ask the following:

Georgia Resident Business – Georgia Resident Business means any business that regularly maintains a place from which business is physically conducted in Georgia for at least one year prior to any bid or proposal to the state or a new business that is domiciled in Georgia and which regularly maintains a place from which business is physically conducted in Georgia; provided, however, that a place from which business is conducted shall not include a post office box, a leased private mailbox, site trailer, or temporary structure.

Of course new rules and regulations bring out the entrepreneur in all of us. Here are some other businesses registered in the state that pertain to cannabis:

  • Burn Scouts Cannabis Company LLC
  • Cannabis Mountain LLC
  • Cannabis Please Get Some Ice Cream, LLC
  • Cannabisco, Inc.
  • Cannabisory
  • Ganja Gods
  • GANJAPHORIA, LLC
  • Georgia Cannabis, Inc.
  • MARIJUANA GIRL L.L.C.
  • Pretty Women Love Cannabis LLC
  • THE CANNABIS FAIRY LLC
  • The Institute of Advanced Cannabis Technology & Education LLC

Nabisco and the Boy Scouts may have some issues with the above. And Seaweedxxx may want to find the Florida seafood company that secured a license for CBD-infused alligator meat.

Lobbying

Another “tell” in the industry centers around lobbying. In reviewing the records for the above companies, everyone except Acreage employed lobbyists. The reasons given were varied, but I think it is safe to assume that shaping the rules and regulations to lessen competition and enact an oligopoly might have been part of the brief.  

Curaleaf’s efforts were for the purpose of “General Business Issues,” while Surterra focused on AGRICULTURAL AND PHARMACEUTICALISSUES and ISSUES WITH POTENTIAL IMPACT ON SURTERRA’S GENERAL BUSINESS INTEREST. Trulieve was after help with GEORGIA MEDICAL MARIJUANA LICENSING and HEALTHCARE AND HEALTHCARE LICENSING. Verano chose EXPANDING BUSINESSOPPORTUNITIES IN GEORGIA and Procurement while Columbia Care’s purpose was simply Healthcare and Pharmaceuticals.

Georgia Cannabis License Companies with Lobbyists

Points to Ponder

So who will get the six licenses outlined above? As we all know, it depends on how political the process is and how the judging is handled. The application instructions are a bit light on details.

The scoring is broken down into two sections. The first part is a pass/fail on the “mandatory requirements” and then up to 1,000 points are awarded on these nine criteria, but the points won’t be disclosed:

  • Schedule A – Ownership Profile
  • Schedule B – Facility Information
  • Schedule C – Financial Information
  • Schedule D – Ownership Structure
  • Schedule E – Employment Plan
  • Schedule F – Local Government Support
  • Schedule G – Production Plan
  • Schedule H – Seed to Sale Tracking Plan
  • Schedule I – Business Operations and Security Plan

Recently, West Virginia awarded a number of its licenses to “out-of-state” MSOs while Arkansas, years earlier, chose in-state providers. I would venture that Surterra/Parallel and Trulieve are well positioned as they are local though Trulieve did lodge a protest in December – perhaps that will work against them.  

Many counter-protests were lodged, including one by ACC, LLC – a firm that is 90% held by African Americans and 5% by a service-connected disabled veteran. Pure Peach Therapeutics, GA Bioscience Research, Georgia Atlas, and Veterans For Cannabis have all shared that they are applicants through the protest process. Most bristled that Trulieve is out of state, and that new date would delay medicine getting to all the patients that need it.

Cannabiz Media customers can stay up-to-date on these and other new licenses through our newsletters, alerts, and reports modules. Subscribe to our newsletter to receive these weekly reports delivered to your inbox. Or you can schedule a demo for more information on how to access the Cannabiz Media License Database yourself to dive further into this data.

Cannacurio is a weekly column from Cannabiz Media featuring insights from the most comprehensive license data platform. Catch up on Cannacurio posts and podcasts for the latest updates and intel.

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Source: https://www.cannabiz.media/blog/who-will-win-licenses-in-georgia

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4 Tips to Market Your Marijuana Dispensary

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Even Marijuana Needs Marketing

Marijuana has become a household name. It has already turned that page of history when speaking about weed or smoking it was considered illegal and was punishable. Nowadays, people have a more accepting attitude to the preferences of others and many of them advocate for diversity of opinions and choices. Marijuana, cannabis, and weed, in general, have always been the subject of hot debates, but one thing is clear. People need them for various reasons. Some use marijuana to get that feeling of satisfaction, to feel happy, while others opt for it for recreational purposes. This means that the owners of marijuana dispensaries and shops already have a long-developed customer base. The only thing remaining is to target them carefully and market your product correctly to win their loyalty and trust.

Tip #1. Personal Values

Surprisingly, personal values play a significant role in choosing marijuana over other types of relaxing and recreational activities. Studies have shown that young adults, especially, highly value their health and well-being. However, as this period is probably the most stressful among the others in the human lifespan, young adults very often need something to unwind and have some rest. For these purposes, they can choose weed. Research has shown that young adults consider marijuana healthier than alcohol, and it has become an essential part of their emotional wellness.

Tip #2. Teach New Ways

This can be very applicable to adults and baby boomers. Thinking that marijuana can be interested only to youngsters is the very right step to cutting down a large part of your potential buyers. It turns out that baby boomers have been also interested in marijuana for years; however, they refrained from using it due to societal constraints. As a result, the boomers might not be very well aware of the new and healthier ways to consume marijuana. The best approach here is to advertise and educate boomers on the health benefits of it. On the other hand, it would be great to train your staff to be welcoming to boomers. The latter usually seek information and are very keen on learning and trying something new.

Tip #3. Use Personas in Your Marketing

Personas are a very powerful tool when it comes to marketing. When you do market research, you will see that certain population groups are especially interested in your product. Those groups can be broken down into subgroups based on their gender, occupation, location, etc. For each of them, you can create a persona – a representative figure which accumulates the interests and the motives of these groups in one person. You can name her or him the way you want; the important thing here is that you can consider that persona’s internal frame of reference every time you present a new product. You can use him or her to find out whether that new offer will work for that particular group or not. Based on various reasons, like the frequency of their purchases or benefits they want to get, you can come up with something even better.

Tip #4. Use customized items.

Using custom-printed items would do a great favor to any marijuana dispensary. It is something that helps stand out and promote your business without putting much time and effort into creating something new. Ganjaprint, an all-inclusive store of custom-branded promotions for dispensaries and smoke shops provides a big variety of lighters, bags, matches, grinders, jars and rolling papers, and much more. The best thing about Ganjaprint is that the dispensary-owner can order its logo to be printed on any product, which will make it more recognizable and would differentiate it among the others. For example, Ganjaprint has already come up with designs for refillable custom clipper lighters with a 72-hour rush print offered. Using their website, you can order these lighters or any item that you want choosing the colors and the location.

Marijuana’s Four

By carefully using the tips above any shop owner can make sure that he/she targets the right audience and communicates the products in the right way. On one hand, knowing your customers and speaking in their language would serve the need to win their hearts. On the other hand, applying for the services of Ganjaprint and ordering your unique items will help your product be in use longer than any alternative to it.

source link:platodata

 

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Cannabiz Media Client Spotlight – Shield Compliance | Cannabiz Media

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Shield Compliance is a comprehensive compliance management platform for banking cannabis-related businesses. The company’s focus is on transforming the way cannabis banks and legal marijuana financial institutions manage risk, comply with regulations, and satisfy operational demands across the United States.

Cannabiz Media recently spoke with Tony Repanich, President and Chief Operating Officer at Shield Compliance, to learn more about how he and his team use the Cannabiz Media License Database to support their business development, data intelligence, and license verification processes.

Why Does Shield Compliance Subscribe to the Cannabiz Media License Database?

Shield Compliance subscribes to the Cannabiz Media License Database for access to reliable industry intelligence and licensing data for the cannabis industry. “We rely on the Cannabiz Media License Database to bring information into our platform,” shares Tony Repanich. “It’s an important part of our license verification process and our licensed data set.”

Thanks to the reliable data in the Cannabiz Media platform, Tony and his team save a significant amount of the time and frustration previously required to find the data they need to do their jobs. 

Tony explains, “There are a lot of states that make it very difficult to get information about the licenses they’ve issued and the enforcement actions they’ve undertaken. Where we can get direct state integration to get data, we do that. However, where we need an additional uplift in terms of boots on the street or boots on the phone and keyboard to get the information from states that are more difficult to deal with, we rely on the Cannabiz Media License Database to bring that information into our platform.”

Bottom-line, Tony says, “The Cannabiz Media team has done a great job bringing together that information and having diligence around filling those gaps.”

What’s Next for Shield Compliance?

A big focus for Shield Compliance in the near future is its new onboarding solution. Tony explains, “We brought our new onboarding solution to market at the end of 2020, and it’s really helping our bankers streamline the onboarding process and creating a much better client experience. We’re really excited to get that in front of more bankers this year.”

With more states legalizing cannabis and launching new cannabis programs, Shield Compliance is focusing on future trends and the evolving industry. “We’re having a lot more conversations with bankers that we’ve never talked to in the past, like New York and New Jersey,” Tony shares. “We’re also having a lot more conversations with bankers about their willingness and ability to lend, which is great for the industry.”

For more information about Shield Compliance and to hear additional insights from Tony Repanich, follow the link and listen to Cannabiz Media’s recent Cannacurio podcast episode featuring Tony as the special guest.

To learn more about how subscribing to the Cannabiz Media License Database can help your business like it helps the team at Shield Compliance, follow the link and schedule a free demo.

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Source: https://www.cannabiz.media/blog/cannabiz-media-client-spotlight-shield-compliance

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New York Marijuana Legalization Bill Signed By Governor Cuomo

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Following Governor Andrew Cuomo signing into law a bill the state House recently approved, New York has become the 15th U.S. state to fully legalize marijuana for both medicinal and recreational use. Though previous legalization proposals in the state have fallen flat, this bill seems to have enough in it to satisfy most interested parties while ensuring marijuana is completely legal throughout New York. The New York marijuana legalization bill is worth taking a closer look at.

New York Will Work To Repay Communities Hit Hardest By Drug War

Though it may be easy to focus on the attention-grabbing headline that is one of America’s most influential states fully legalizing marijuana, there is much more to New York’s legalization story. The bill signed into law by Governor Cuomo aims at not only legalizing marijuana use, but righting the wrongs of the War on Drugs.  Once recreational sales begin, 40% of all tax revenue generated by the legal marijuana industry will go towards communities, primarily communities of color, which were unequally impacted by marijuana prohibition. According to the New York Times, the new law will ensure that, “people convicted of marijuana-related offenses that are no longer criminalized will have their records automatically expunged.” It is incredibly important to progressives to include equitable solutions to the wrongs caused by the War on Drugs. The New York legalization effort has clearly placed an emphasis on aiding communities most unjustly impacted by the drug war from the outset. Regarding New York’s legalization effort, Democratic majority leader Crystal D. Peoples-Stokes said, “Equity is not a second thought, it’s the first one, and it needs to be, because the people who paid the price for this war on drugs have lost so much.”  While ending prohibition and promoting equity are key, one other necessary component of cannabis legalization is education. Medical Marijuana 411 prides ourselves on providing the highest-quality and most up to date online cannabis education courses. Our Cannabis 101 course will provide you with all of the most current, scientifically-based research into the cannabis plant and its compounds. To check out the rest of our course catalog click here. 

A Massive Win For the Progressive Marijuana Movement

At this point, it seems as though a new state legalizes marijuana for medicinal or recreational use every day. The progressive legalization movement is seeing sweeping victories across the United States as we head into the Summer of 2021. What remains to be seen is if or when the federal government will take some sweeping action in order to be more in line with the majority of states in the Union. This is no longer a fantasy, it is a reality that may not be so far away.

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Source: https://medicalmarijuana411.com/new-york-marijuana-legalization/

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2021 Caliper CBD Review

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Caliper CBD is a flavorless dissolvable powder that can be mixed into various types of food and beverages (both cold and hot). Each packet is convenient for on-the-go use and contains 20mg of CBD which Caliper claims is the perfect dose. However, being the bioavailability, you’re likely to feel around 4.5x the potency from these little packets.

Due to this, many have found these powders to be perfect for cooking into their favorite dishes. However, other people have preferred taking them straight to the mouth similar to CBD oil. This is the beauty of Caliper CBD – it’s up to you how you want to experience the effects of their cannabidiol extraction. These powders require no measuring, mess, or any weird flavors. They’re 100% THC-free, vegan, gluten-free, non-GMO, and calorie-free.

Currently, Caliper CBD offers a 30-pack for $49.99 (or $44.99 a month with their subscription service) which comes with a total of 600mg of CBD. If you find yourself a fan of these powders, you can always opt for their 60-pack. However, this is only available through their monthly subscription at $75.60 a month.

While these aren’t the cheapest products on the market, it’s vital to consider the bioavailability of each packet. Chances are you can use a single packet multiple times over and, with that, one purchase can last you well over a month even if you’re taking it daily.

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Source: https://americanmarijuana.org/caliper-cbd-review/

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