• Nancy Warner
    Nancy Warner answered March 1

    Is the CPSC standard for child resistant packaging related specifically to marijuana or is it a generic standard for pharma products?

    The Consumer Product Safety Commission is responsible for the requirements for child safety in packaging in the US.  This relates to all products from household chemicals to pharmaceuticals and is specifically defined in the Poison Prevention Packaging Act (PPPA) of 1970.  The EPA regulate... more

    • Unclassified
    2   
  • Mark Slaugh
    Mark Slaugh answered January 27

    How has compliance in the cannabis industry evolved in the past 5 years?

    Compliance in the beginning was just a "four letter word" and still is in new markets. Early on, we saw the word "compliance" become a buzzword as enforcement took down major players in older markets like Colorado. Everyone, all of a sudden - overnight - became "compliant" or claimed to be. Operator... more

    • Unclassified
    4   
  • David Feldman
    David Feldman answered 12/28/2020

    Do you think big pharma is trying to slow the progress of medicinal marijuana?

    Greetings anonymous. We hear that the likely impact of medical cannabis on big pharma amounts to roughly 1% of their industry sales (e.g. pretty insignificant), but we also hear that they are spending heavily on lobbying efforts against legalizing medical cannabis. I often liken the issue to recharg... more

    • Unclassified
  • Mario Ceretto
    Mario Ceretto answered 7/1/2020

    Anyone know if we can claim growing supplies as medical expenses on income tax?

    Absolutely.

     

    Cultivation supplies are attributable to inventory and thereby deductible through Cost of Goods Sold (COGS).   Cogs is the allowable deduction under IRC 280E.  

    • Compliance & Policy
    • Accounting
    1   
  • High Performance answered 6/4/2020

    What are the core capabilities and services offered by High Performance? (read more)

    I would suggest a quick look at our web site and watch a brief animated short that will provide you information on our company and solution. 

    ... more
    • Consulting
  • Are blockchain technologies suitable for the cannabis industry?

    Absolutely.  I believe that blockchain technology can encourage better management in supply chains by identifying inefficiencies, creating a real-time non-paper record, allowing cannabis companies to reduce costs and thereby improve their operations. 

    Cryptocurrency and Blockchain companie... more

    • Lawyers & Legal Services
  • Eden Labs answered 11/22/2019

    What kind of routine maintenance do supercritical extraction systems require?

    Hello, If the system is made to a minimum of food grade specifications, you would only need to run the system with no material only co2 and ethanol for 90 minutes to 2 hours.... more
    • Extraction
  • Kyle Sherman
    Kyle Sherman answered 10/28/2019

    What are the challenges of building a POS software compliance platform for the cannabis industry when regulations vary so much from state to state?

    What are the challenges of building a POS software compliance platform for the cannabis industry when regulations vary so much from state to state? For example, will you have to build a completely different system to serve the state of Ohio once cannabis operations begin there? &nbs... more

    • Unclassified