Cannabis Prospect Articles

Facility Audits Provide Regulatory Structure

Publish Date: March 15, 2020

Author: Theresa Espejo

With Canada legalizing adult access to both medical and recreational cannabis, its top-down approach brings with it a complex regulatory environment.  One where decisions at the federal and provincial/territorial level, as well as municipalities, can be occurring simultaneously and sometimes inconsistently.

 

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Recent Articles

Legalization 2.0: IP and Regulatory Considerations for Edibles, Extracts and Topicals

Publish Date: October 1, 2019 | Author: Laurence MacPhie, Donald Bocchinfuso, Amanda Branch and Jennifer McKenzie

The legalization of cannabis edibles, extracts and topicals will expand the cannabis market and create new opportunities for producers, innovators and investors. According to a recent report from Deloitte, the Canadian market for these new cannabis products is expected to be worth $2.7 billion annually, with edibles accounting for more than half ($1.6 billion).

 

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Artificial Intelligence, Learning and Explosive Growth in Cannabis

Publish Date: March 13, 2019 | Author: Rob Ayre, Communications Manager, Docebo Canada Inc.

Organizations operating in the industry have a distinct need for clear communication across multiple departments and sophisticated ways of training new employees quickly to ensure compliance, efficiency and more. Companies looking to grow and capitalize need to be agile and have the ability to train employees on the latest information necessary for success.

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With high growth, comes high risk: Is the cannabis industry data protection ready?

Publish Date: November 12, 2018 | Author: Paul Saabas, Vice President, Shred-it

Many LPs operate clinics and dispensaries that collect personal and confidential medical information from patients. Cannabis players that chose to operate in the recreational space still collect personal information from customers and need to ensure that they hold themselves to the same standards as hospitals and medical clinics when it comes to information protection. A 2017 report from the Ponemon Institute states that healthcare organizations that had a data breach experienced a 6.25% decline in their stocks, lost more than 4% of patients and it took over three months to recover from the financial damages of the breach. It is expected that this same decline in stocks and customers can be seen in both the recreational and medicinal cannabis markets if a breach occurs.

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Lessons from the U.S.: With Legalization Here Origin House Eyes Opportunities in Canadian Cannabis

Publish Date: October 31, 2018 | Author: Afzal Hasan

An interview with Afzal Hasan is the President and General Counsel of Origin House.

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How to Sell Cannabis in a Regulated Retail Environment (Automated Dispensing Systems)

Publish Date: October 10, 2018 | Author: Markus Merrill - General Manager (Canada) - Vend Data Media Solutions

Vend Data Media Solutions (VDMS), as its name suggests, provides automated product dispensing for retailers and is a digital media platform for in-store advertising. The term “vending” leads people to believe that we are providing a customer-facing, interactive kiosk, which is not the case. Our systems are installed behind the counter, in back offices or storage areas to help protect, control and automate the sale of high-regulated products.

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