CANNA Blogs

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Vermont Legalizes Adult-Use Cannabis Market

October 12, 2020

On October 7th, Vermont passed legislation to allow adult-use cannabis to be regulated and taxed. They are the 11th state to legalize adult cannabis use. As such, sales are expected to begin in October of 2023. Industry Growth The decision to legalize adult-use cannabis will drastically grow the market that…

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cannabis cultivation facility

Vermont Bill to Regulate and Tax Adult Use Sales Set to Pass

October 2, 2020

Blog content updated 10/2/20 to reflect new updates. Cannabis cultivation and possession has been legal in Vermont since 2018, and now a bill to regulate and tax cannabis sales has passed both the House and Senate. Now the bill awaits signing on the desk of Governor Phil Scott. Progress of…

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Developing Clear Plans for Profitability and Implementing Technology Help Cannabis Companies Find Success Raising Capital

September 24, 2020

Cannabis companies with thorough business models are rapidly gaining the interest of potential investors. Raising equity capital for cannabis companies can certainly be difficult in today’s uncertain market. However, there are some best practices that can increase assurance of gaining the necessary capital to be successful in promising high-return for…

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Illinois Adult-Use Dispensary Lottery Paused – Additional Reviews of Applications to Occur

September 22, 2020

Illinois Adult-Use Dispensary Lottery Paused – Additional Reviews of Applications to Occur Despite Illinois’ best efforts in crafting its regulatory structure to provide meaningful opportunities for social equity applicants, attempts at adult-use dispensary license application grading resulted in a wave of problems for the State. As such, Illinois’ Governor, J.B.…

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cannabis marketing, cannabis products

Cannabis Marketing: 3 Reasons to Work With Us

September 11, 2020

Many components go into building a cannabis business, and each component must work cohesively in order to be successful. One of the essential parts of any business is marketing and advertising. At Canna Business Services, we don’t just want to help you build a great foundation for your business; We…

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rhode island cannabis application

Rhode Island Cannabis Applications

August 14, 2020

Application work takes extensive amounts of energy, effort, and investment with no guarantees of success. In the cannabis industry, comprehensive knowledge of trends and regulations is crucial to survival. Each state is different, and it’s important to know what you need for your application in advance. If you’re in Rhode…

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cannabis legalization

Economic Benefits of Cannabis Legalization

June 12, 2020

Since the election in 2016, several states have held votes to determine the future of the legal cannabis industry in one form or another. Following Colorado and Washington, more and more states are moving to legalize marijuana for medicinal or recreational use, or both, and the impact has already been…

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starting a cannabis business, cannabis business

10 Things to Do Before Starting a Cannabis Business

May 16, 2020

Have you thought about starting your own cannabis business? According to Thomas Koulopoulos from Inc., there has never been a better time than now. However, this is a big step and the task can seem daunting. It’s important to be well prepared and research everything you can beforehand. From developing…

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cannabis market analysis

Cannabis Market Analysis

May 16, 2020

The ever-growing legalization of cannabis is driving the marijuana market. Many countries, like Australia, Canada, Chile, Colombia, Germany, Greece, Israel, Italy, the Netherlands, Peru, and more, have legalized the use of cannabis for medicinal purposes. According to a new report by Grand View Research, Inc., as of 2019, the legal…

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medical marijuana

Mental Health Benefits of Medical Marijuana

May 16, 2020

As mental health becomes a growing concern in America, it’s good to see the science behind cannabis and its positive effects on so many mental health issues. Medical marijuana contains active ingredients like THC, CBD, CBN, and over 20 flavonoids, which you can read more about in Robert Bergman’s article,…

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