From Hemp to Marijuana: How New York's Hemp Farmers Will Grow the State's First Harvest

From Hemp to Marijuana: How New York Farmers Will Grow the State’s First Harvest

New York is taking an unprecedented approach to supplying the incoming recreational market. The first wave of legal cannabis crops will come from cannabinoid hemp farmers in upstate New York. The outdoor, “sun-grown” crops are expected to supply the first wave of dispensaries scheduled to open at the end of 2022. It presents a unique and positive opportunity for those …

Ask Me Anything: New York

Ask Me Anything: New York Cannabis Questions

Answers for all your questions about the New York cannabis market and licensing process. Who qualifies for  social equity, adult-use cannabis retail dispensary licenses in New York? The Marijuana Regulation Taxation Act (MRTA) sets the following qualifications for social equity applicants:  Individuals from communities disproportionately impacted by cannabis prohibition Minority-Owned Businesses Women-Owned Businesses Veteran-Owned Businesses Distressed Farmers What are the …

Tim Berggren is the Director of Finance and Business Strategy for Point Seven Group

Thought Leadership from Tim Berggren of Point Seven Group

Tim Berggren is an experienced strategic finance professional in the regulated medical and recreational cannabis industry. His prior work experience reflects a history of passion for the cannabis and technology fields. With skillful attention to detail, he has created comprehensive financial models, operational strategies, and business initiatives spanning more than 100 cannabis companies across the supply chain nationwide. In addition, …

How to Win a Merit-Based Cannabis Business License

How to Win a Merit-Based Cannabis Business License

An increasing number of states have been opening application programs for cannabis business licenses, though this process differs between states. In Illinois and Missouri, license programs are run statewide, but in states like California, New Jersey, and New York, licensing periods are determined by municipalities. Oftentimes, applications are only accepted during a short window of time and are graded on …

Katelyn Coskey, Director of Business Development, Point Seven Group

Thought Leadership from Katelyn Coskey of Point Seven Group

Katelyn Coskey is one of the long-standing members of the Point Seven Group team. She stands as Director Of Business Development. Katelyn Coskey’s role provides pivotal instruction and leadership to those attempting to navigate the complexities of emerging cannabis markets. Interview – Katelyn Coskey Q: Tell me about your journey working in the cannabis industry? When did it start and …

Projections for the New Jersey Cannabis Market

Projections for the New Jersey Cannabis Market

New Jersey is one of 18 states that have legalized recreational cannabis, and anyone 21 and older can legally enjoy the benefits of its regulated marketplace. The first day of legal recreational marijuana sales began in April 2022. The decision to legalize personal-use cannabis was favored by most of the state’s residents, with 68 percent of voters in support in …

Social Equity in New York

How is New York Tackling Social Equity?

Since New York legalized recreational cannabis last year, the conversations around its impact have been buzzing. One of the topics, often polarizing public opinion, is the subject of social equity. New York is making waves for its robust Cannabis Social Equity Initiative. The Marijuana Regulation and Taxation Act  (MRTA) was introduced and passed by Governor Kathy Hocul on March 10, …

Hemp and CBD Compliance FAQ

Common Compliance Questions for Hemp and CBD Operators

Though hemp and CBD operators do not need to follow the same stringent regulations as cannabis businesses, there are still many legal restrictions that these operators must comply with. Check out this Hemp and CBD Compliance FAQ for all the answers to your hemp and CBD questions! What are the rules around interstate commerce? National import/export rules? USDA regulates the …

What is Cannabis Extraction?

What is Cannabis Extraction?

Extraction Methodologies Cannabis extraction is a process in which the active ingredients in the cannabis plant are extracted to create a more potent cannabis product, such as concentrates or edibles. Processed cannabis products can be liquids, solids, or semisolids, and there are many different kinds of cannabis extraction, each with their own uses and benefits. CO2 Extraction Plant matter is …

History of Cannabis in New York

The History of Cannabis in New York

Though adult-use cannabis was only recently legalized in New York, the plant has had a long history in the state including cannabis decriminalization that started in the 1970s and a medical marijuana program that was established in 2014. Cannabis decriminalization efforts started early in New York with the state decriminalizing possession of 25 grams or less in 1977. If found …