Category: Business (page 2 of 13)

Oregon Begins Approving License Applications for Recreational Cannabis Companies

It has been a bumpy ride for recreational cannabis in Oregon. On July 1st of 2015, recreational cannabis became legal under Measure 91. Only three months later on October 1st, recreational sales became legal, resulting in long lines for dispensaries like Shango (pictured above).

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However, the Oregon Liquor Control Commission (OLCC) has had a few hiccups in processing and distributing applications.

Thankfully, an emergency provision allowed for medical dispensaries to sell products to recreational users (SB 460; since there were no approved recreational retailers by October 1st, 2015).

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But cannabis extract businesses in Oregon had a rough March of this year due to a state law (HB 4014) that prohibited businesses from extracting cannabis without a license. Many businesses ceased all operations for an entire month, which is an incredible burden on small companies.

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The plan was for the OLCC to begin processing business applications starting on January 4th of 2016 so that there would be ample time for businesses to prepare for the commencement of the official program in January of 2017.

Better late than never right? The OLCC still plans to have the recreational industry up and running by January 2107, and has pledged to rapidly process business licenses so organizations can begin setting up shop without fear of punishment.

OLCC Approves the First Eight Business Licenses for Recreational Cnanabis (source)

OLCC Approves the First Eight Business Licenses for Recreational Cannabis (source)

The OLCC issued eight licenses to cultivators throughout the state. Granting licenses to cultivators first allows them to begin operating once they pay their annual business license fee.

This was a smart move by the OLCC, since cultivators need the maximum time to set up their operations and produce flowers. While the Oregon recreational rollout has not gone as smoothly as it could have, Oregon continues to consider the supply chain and accessibility for recreational consumers.

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For instance, medical cannabis dispensaries have been allowed to sell to recreational consumers 21 and older through the end of 2016. The OLCC claims it will be granting licenses during weekly meetings through early June.

The agency plans to issue over 850 licenses by the end of the year when the OLCC assumes full control over the recreational cannabis program.

Cannabis Reports is committed to covering the business and legal updates for emerging cannabis markets. For the most up to date info on Cannabis Reports, follow us on Twitter, and like us on our Facebook page.

Want to Work for Cannabis? Tips for Finding Your Dream Job in a Rapidly Growing Industry

The cannabis industry is booming. Several reports have been published that estimate the industry will generate $22 billion by 2020. New businesses are entering the space each day, bringing job opportunities to the different cannabis regions across the country.

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Yet not all cannabis job markets provide the same opportunities, or salaries. For instance, Colorado and Washington have rather established cannabis markets, and many businesses have enough stability to provide employees with compensation packages standard to other industries.

The two most important things about finding a job in cannabis? Make sure you will enjoy your responsibilities, and set realistic expectations. This means going out and interacting with the cannabis industry folks already doing the job you desire.

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$4.20 for General Admission Tickets

One fantastic chance for you to interact with the cannabis industry is at the GreenRush Job Fair, taking place at The Regency Ballroom in San Francisco on April 30th, 2016. Tickets are available on Eventbrite, with a general admission price of just $4.20.

You should pursue the best position for you, whether that is a budtender, lab technician, or cannabis activist. But to truly know if it is the best job for you, do not be shy when inquiring about what the exact work entails.

Another incredibly important consideration is the fact that cannabis is still federally illegal. This has many implications for the industry, and despite mounting support for cannabis throughout the nation, it is necessary to research, understand, and ultimately be comfortable with working in the cannabis space.

The cannabis industry is growing, and it does not make people millionaires overnight. You will be expected to work, most likely in more difficult situations than you would in a similar job in any other consumables industry. Cannabis is emerging from prohibition, and the path is still being mapped out by changes in policy.

Cannabis Legalization is Spreading, But is Still Illegal Under Federal Law

Cannabis Legalization is Spreading, But is Still Illegal Under Federal Law

The following tips have helped many people find jobs in the cannabis industry, although they truly succeeded through research, perseverance, networking and setting reasonable expectations.

A special thanks to GreenRush.comWeedHire.com420careers.comTHCJobs.com, and Ganjapreneur.com for making job data available for review.

Cannabis Job and Industry Growth

ArcView Market Research is a company providing analytics for the cannabis industry.

“A recent report from ArcView Market Research predicted that the legal cannabis market will grow by 25% this year to reach $6.7 billion in total U.S. sales, and that the total could approach $22 billion in sales by 2020.”

Fortune Article: 2/11/16

While $22 billion sounds like a lot of money, other reports have estimated the value of the industry to amount to much, much more. So whatever the number ends up being when 2020 rolls around, every expert is expecting it to represent a booming industry.

David Drake, founder and CEO of Cannabis Reports, Talks Shop at the New West Summit in San Francisco (Nov. 2015)

David Drake, founder and CEO of Cannabis Reports, Talks Shop at the New West Summit in San Francisco

With so much opportunity for businesses and investors, job growth in the legal cannabis industry is also skyrocketing. One thing to remember is that these opportunities get filled very quickly due to the fast pace of the industry, so be extra vigilant when browsing job listings.

The Many Business Opportunities in Cannabis

We took a look at some job data from different resources like GreenRush.com, WeedHire.com, 420careers.com, THCJobs.com, and Ganjapreneur.com.

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Above is a chart examining over 800 open positions across the country by type. As you can see, manufacturing and retail positions are still the most plentiful, followed closely by the distinct need for experienced administrators and executive roles.

Dispensaries and Deliveries

  • Budtender
  • Product/Shift Manager
  • Delivery Driver
  • Delivery Dispatcher
  • Security

Extract and Edible Production Companies

  • Sales/Growth
  • Social Media
  • Branding/Marketing
  • Content Development
  • Distribution
  • Product Creation

Cultivation/Processing

  • Grower
  • Trimmer
  • Extractor
  • HVAC/Lighting
  • Breeding/Nursery
  • Seed Collection

Web Technology and Design

  • Hardware Technician
  • Software Development
  • Laboratory Technician
  • Engineering/Product Design

Other Positions

  • Doctor’s Office
  • Lobbying/Activism
  • Journalism/Media Creation
  • Cultivation Equipment
  • Soil Specialist
  • Glass Blowing/Vaporizer Accessories
  • Legal Assistance
  • Videographer
  • Event Coordinator

Basic Compensation Information

Compensation for the cannabis industry varies from city to city. Based on self-reported employment data, compensation actually varies more within states than it does across states.

In the general scheme of economics, compensation always varies by location, but salary averages are also determined by the number of available job listings in the state, so further studies are required determine the accuracy of cannabis compensation.

The listed range for entry level positions was $11-$19 per hour, although the average was much closer to $14/hr.

The compensation range for managerial positions was between $18 and $31 per hour, although many of these positions were listed as salary, not hourly. There was no clear average as the definition of manager/supervisor varies immensely across the different sectors of the industry.

It is important to consider both the region you want to work in as well as the policies of the different companies you are sending applications. Is there an established hierarchy within the company? What is the opportunity for promotion? Are you expected to take on undefined roles with very little oversight? How long have the other employees worked there?

From the Popular TV Show: Workaholics

From the Popular TV Show: Workaholics on Comedy Central

Another important note about employment in the cannabis space: some companies do not approve of consumption during working hours except for extreme medical exceptions. There are no employment protections for cannabis patients, and companies are allowed to set their own policies.

Assembling a Good Resume

Putting together a clear and impressive resume shouldn’t be as intimidating as it clearly feels. Hopefully some of the following advice resonates with your experiences so far, and gives you an idea of how to get noticed when applying for a popular position.

Firstly, know the employment requirements in your state. In California, many (if not most) cannabis businesses require their employees to have a medical recommendation. Individuals without a doctor’s recommendation cannot enter dispensaries, attend events, or legally possess or transport cannabis products.

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New CA Laws Will Relieve Some of the Employment Tensions, But for Now,  You Will Want to Have a Medical Recommendation

Now start writing down everything. Try to compile all the work you have accomplished, including any demanding responsibilities or examples of leadership. Very few people have multiple years of experience in the cannabis industry, so the good news is that “4+ years as a {enter your position here}” is not a widespread requirement yet.

Of course you need to emphasize all of your strengths in the workplace, but do not forget to tie the strengths into your passion and knowledge of cannabis. Most job applicants are successful due to a positive attitude, rather than their past experience with cannabis.

Learn About Cannabis from Resources like Uwe Blesching's The Cannabis Health index

Learn About Cannabis from Resources like Uwe Blesching’s The Cannabis Health Index

Still, it is a great idea to express a deeper understanding of cannabis even if it is beyond the scope of the job requirements. One example of deeper understanding is researching cannabis genetics beyond indica and sativa. Just being aware of that conversation adds value to your role at any business.

marijuana-doc

We hope that this article helps you on your journey into the cannabis industry. Feel free to add any suggestions or ask any questions in the comments section below. For the most up to date info on Cannabis Reports, follow us on Twitter, and like us on our Facebook page.

Clinical and Anecdotal Evidence: The Cannabis Industry Needs to Spread Information Responsibly

Cannabis is an incredibly powerful plant, but there is a lot of information being passed around the community that has no scientific basis. It is the responsibility of every patient, doctor, and industry worker to know fact from fiction when it comes to cannabis.

We are slowly accumulating clinical research from across the world that supports the medical efficacy of cannabis, but for the most part, the evidence that we rely on is anecdotal, meaning it is based on personal accounts rather than clinical studies.

People working in the cannabis industry need to be responsible for providing patients with the best possible information, but that is not always easy. Cannabis is incredibly complex as a plant, and the industry that is emerging is running into issues properly explaining how this plant interacts with our bodies.

So Many Cannabis Choices (source)

So Many Cannabis Choices (source)

Medical cannabis has been the foundation of legalization, over the last two decades, policymakers across America have been passing laws making cannabis available for medical patients. This social shift has been influenced in part by articles and interviews featuring the positive influence that cannabis can have on children with epilepsy, cancer patients, veterans with PTSD, and many other groups.

But anecdotal evidence is only the beginning of the conversation. It is important that there is scientific research to back up the personal experiences of individuals so that others can replicate the healing effects. Cannabis Reports currently lists data on 365 studies for 99 different conditions and diseases.

Despite mounting clinical research, the cannabis industry may be relying too heavily on anecdotal evidence. It is important that we do not pass around anecdotal evidence as scientific fact. Over-embellishing a reality before you can replicate the results is a sure-fire way to damage public trust in cannabis.

The reason for this article is a recent call we took on the Cannabis Reports hotline. The patient asked us to help her find a specific strain that a budtender told her was “the brain cancer strain.” Statements like these are increasingly common, but destructive nonetheless.

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This does not mean that cannabis cannot help with brain cancer, but presenting anecdotal evidence as medical fact is incredibly irresponsible. This patient was extremely disheartened to learn that there was no silver-bullet strain to help them and they asked, “Why would someone working at a dispensary tell me this strain would cure my cancer if that’s not how it works?”

Misinformation is rampant in the cannabis community, but the fact that a patient learned this from a representative of the industry shows the immediate need for all of us to step back and re-examine our approach. There is good information out there, and it is the responsibility of everyone in the industry to seek it out.

We are All Different, Just Like Cannabis

There is still a lot we have to learn about how cannabis works within us. Words such as “indica” and “sativa” are passed on to consumers as scientifically accurate, but are actually based on an outdated cannabis taxonomy. Still, many manufacturers and retailers alike are confident that this is scientific fact, and are unwilling to consider new evidence.

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One of the finest resources for anyone interested in the nuts and bolts of cannabis must read Cannabis: Evolution and Ethnobotany. Robert C. Clarke and Mark Merlin provide one of the best accounts of the history and science of the human-cannabis relationship. The book took Merlin and Clarke fifteen years to write, and explores our approach and understanding to cannabis genetics.

Genetic variation appears in every living thing, and is considered the foundation of evolution. There are billions of people on the face of the planet, each walking around with a different set of physical traits, like height, eye color, and blood type. These traits are known as an organism’s phenotypical properties, and are unique to that organism.

Endocannabinoid System Diagram, from The Cannabis Health Index

Endocannabinoid System Diagram, from The Cannabis Health Index

Just like people, each cannabis plant has a different set of physical traits and tendencies that make it a unique organism. Every person has their own endocannabinoid system that is unique, just like their immune system, their digestive patterns, and their allergies. This endocannabinoid system responds differently to each cannabis phenotype, which in itself is a unique genetic variation.

Basically, there is this huge misconception that cannabis consumption can be a consistent process, and be applied in the same way as traditional pharmaceuticals. The desire to describe cannabis in these simple terms has actually caused the industry to take this to heart as scientific fact.

Full Plant Extracts More Effective Than a Single Cannabinoid (source)

Full Plant Extracts More Effective Than a Single Cannabinoid (source)

Due to a lot of miscommunication, the cannabis community firmly believes there are two types of flowering cannabis plants: indica and sativa. The Indica variety are considered to be shorter with wider leaves that leave you relaxed, while sativa is a taller plant with long branches and narrow leaves that provides cerebral stimulation.

Consumer Language is Not Always Based in Science

Consumer Language is Not Always Based in Science

This classification simplifies cannabis and is widely used as consumer language. The issue is that these effects are not universally felt by everyone. Flowers are increasingly being labelled with their cannabinoid content, which is far more valuable information than terms like “indica” or “sativa.”

Identifying a plant by its observable characteristics and then claiming that there are universal effects associated with those traits is a major overstatement. Clearly, humans are programmed to categorize things into neat little boxes, but the dichotomy of indica vs. sativa is holding  us back from a deeper understanding of cannabis plant science.

Only You Know How Cannabis Makes You Feel

There are an increasing number of medical practitioners beginning to enter the cannabis space, and international cannabis research is booming. Still, the cannabis industry is made up of a wide spectrum of people, all of whom have had their own personal experiences with cannabis.

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Patients must be aware that there is a lot of conflicting information being spread in the world: some of it is accurate, some of it is close, and some of it is scientifically impossible. It is up to each of us to educate ourselves to know the difference between clinical data, anecdotal evidence, and what is hearsay.

Educational materials are scarce but they certainly do exist, and many are free online:

For the most up to date info on Cannabis Reports, follow us on Twitter, and like us on our Facebook page.

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