Top places to start a cannabis-friendly business

Julie Fulton @ 2019-07-25 12:06:02 -0500

Passionate about cannabis? Want to use your skills to support the green cause? Set up shop somewhere that already champions the cannabis industry.

LEAN IN, LISTEN UP AND LEARN:

  1. What Canadian province touts the most dispensaries.
  2. What states to avoid if you want a job in the cannabis sector.
  3. Where to find trustworthy cannabis travel news.

The Cannabis Catch-Up is sponsored by Boveda, the leader in two-way humidity control for buds. Subscribe to the Boveda Cannabis YouTube Channel. Or listen to Lance Lambert’s insights live every Monday at 4:20 pm EST on The Todd Shapiro Show (SiriusXM Channel 167).

Be the cannabis educator! Share these flower facts:

  • Looking for a cannabis vacation destination? Think heavily populated Canadian provinces, like Ontario and British Columbia have the most dispensaries? More than a third of all Canadian dispensaries are located in Alberta, which contains only 12% of the country’s population. (Shorter lines at the dispensaries?) (03:13)
  • Approximately 90% of people aged 61 years and older cite pain relief as the major motivator for using cannabis. (03:47)
  • Baby Boomers, those born between 1946 and 1964, are the fastest-growing demographic for cannabis consumption. And Boomers’ elders (AKA the Silent Generation) are also finding relief from this healing herb. (03:57)
  • Adults can legally consume cannabis in both Canada and California. Both areas boast similar populations, 36.5 million and 39 million respectively. Plus, cannabis consumption is just about equal across those locales, too. (04:58)
  • In Canada, edibles, extracts and topicals are now subject to an excise tax based on their THC percentage. So a product with a higher percentage of this psychoactive cannabinoid is taxed more heavily, and therefore, will be more expensive. (Buying THC-high product is like splurging on high proof, top shelf alcohol.) (05:23)
  • Starting a business that supports the cannabis industry, such as security, commercial real estate, irrigation, packaging design, etc.? Target a site with an effective cannabis education program, which will help you gauge that community’s acceptance of cannabis. (Think California.) (06:39)
  • Recently, a 22 year old and a 71 year old were arrested in a Texas airport for traveling with hemp-based CBD oil. According to U.S. TSA, you can travel with CBD products that contain no more than 0.3 percent THC. (13:24)

“It sure feel like it’s the early 1980s, when you hear horror stories about people getting arrested for possession of what the federal government has just deemed legal–that’s insane.”

Traveling with California flower versus Texas oil (CBD-oil, that is)

Recently, Lance and the Boveda team attended a cannabis show in his hometown of San Francisco. “In California, it’s legal to gift up to an ounce of flower to any legal adult over 21 years old,” Lance said. “So cannabis companies were giving out samples at the expo.”

Boveda packs, cannabis, 2-way humidity control, keep the aroma inside your bud.

Boveda tested those samples to show attendees how much moisture had evaporated from the flower. And explain how quality and potency evaporates right along with moisture.

“When I got home, I opened my bag and thought, ‘WOW that kind of smells strong.’ I completely forgot about a sample bag of flower that was still in my carry-on. No wonder that TSA guy was smiling at me.”

Traveling with cannabis and CBD products? Stay up-to-date on travel news at Leafly, including, How to Travel With Cannabis in the Car.

Keep the aroma inside your bud—along with its potency

Boveda packs, cannabis, 2-way humidity control, keep the aroma inside your bud.

The tell-tale aroma of cannabis isn’t just a giveaway to TSA, it’s also a signal that your flower is losing potency. As cannabis dries out, it loses terpenes—the volatile aromatic chemical components found in plant trichomes that also produce cannabinoids.

Cultivates, processors and retailers can protect the therapeutic efficacy of their flower for consumers by storing buds with 2-way humidity control. Keeping cured cannabis between 58% and 62% RH with Boveda 2-way humidity control protects trichomes from being permanently destroyed. Thus preventing the evaporation of your flower’s quality.

According to an analysis by Boveda researchers, most flower available to consumers is too dry.



BOVEDA CANNABIS YOUTUBE CHANNEL

CANNABIS CATCH-UP: SOCIAL JUSTICE & CANNABIS LAWS

CANNABIS CATCH-UP: CANNABIS NOT A COMMODITY YET

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