Business Resources for Cannabis Companies
Property insurance is vital for cannabis dispensaries to safeguard against risks like theft, fire, and vandalism. This coverage protects physical assets and ensures compliance with legal requirements, helping businesses mitigate financial losses and maintain operations after unexpected events.
Read More
An investment bank’s recent forecast has painted a promising future for the cannabis industry, projecting a significant surge in consumer base and sales revenue that is expected to overshadow the alcohol market by 2027. The report highlights a pivotal shift in consumer preferences, with millions of consumers predicted to transition from alcohol to cannabis, contributing to an explosive growth in cannabis sales, which are anticipated to hit the $37 billion mark within the next few years.
This market evolution reflects a broader societal acceptance and integration of cannabis, driven by its legalization in numerous regions and the growing recognition of its diverse applications. As the cannabis industry continues to mature, its economic impact is becoming increasingly significant, signaling a major shift in how consumers are choosing to spend their leisure dollars.
The projection not only underscores the potential profitability and expansion of the cannabis sector but also indicates changing consumer behaviors and preferences, suggesting a future where cannabis could become a staple in social and recreational activities, much like alcohol has been for centuries.
Read More
Despite the ramp up in patent filings, most operators are still woefully unprepared to face the potential onslaught of infringement claims and lack a robust risk-mitigation strategy.
Read More
Protecting that investment of time and money, by acquiring IP protection that prevents others from profiting from using your name, your creative materials, or your unique strains is how many investors expect to see a return on their investment.
Read More
This article summarizes certain laws and regulations for securing federal trademark registration protection for cannabis products (including cannabidiol (CBD) products) and services. It also identifies other forms of intellectual property protection for cannabis businesses.
Read More