MJBizCon 2024: Dec 3-6 in Las Vegas
The 13th annual MJBizCon is taking place December 3-6 in Las Vegas. Billed as the ultimate hub where global cannabis executives come together, this event is for all industry members from cultivators and manufacturers to retailers and brands to the essential suppliers that serve the community.
“MJBizCon is where you FUEL YOUR FIRE. Ignite your passion, spark conversations, gain critical insights, and forge the business partnerships needed to achieve fire-status in the cannabis industry.”
This event hosted by MJBIz magazine will be held December 3 to 6, 2024 at the Las Vegas Convention Center. For more information visit: https://mjbizconference.com/
MedTech World Summit 2024: Nov 6-8 in Malta
The MedTech World Summit, which is reported to incorporate Medical Cannabiz World, is designed to connect money with medtech and bills itself as 2024’s leading MedTech startup & investor summit.
More than 3,000 attendees are expected from diverse regions including the UK, Europe, North America, Asia, the Middle East, and North Africa. This event promises networking meetups, investment opportunities with top MedTech investors, and connections with startups.
During the three-day event, attendees can participate in various activities such as panel discussions, CEO-only workshops, technology showcases, exhibitions, networking sessions, pitch competitions, cultural activities, as well as MedTech Malta Awards Gala.
This in-person event is being held November 6 through 8, 2024 in Valletta, Malta. For more information visit: https://med-tech.world/
Selling internationally? You need GS1 and GTIN!
GTIN or Global Trade Item Number is a standard from the GS1 (Global Standards) organization. GTIN consists of unique codes that identify manufacturers and their products using barcodes. When scanned by an electronic reader, the GTIN barcode provides a code that is related to a specific manufacturer and a specific product from that manufacturer.
In North American, the UPC (Universal Product Code) is an existing form of the GTIN. In Europe, EAN-13 is the GTIN standard.
The GTIN system lets you and your products be identified across the globe. If you hope to sell in certain parts of the world, such as Europe, you will need to use GS1 standards and GTIN codes. Once you have signed up with your regional GS1 office, you will be issued a series of unique codes to use on your product packaging.
Fully supporting GS1, AirMed prints your GTIN barcodes directly from the database. Our master case processing lets you use multi-level barcoding for several layers of packaging or stock-keeping units (SKU). For example, one case could contain a dozen smaller cartons. Each of those cartons could contain a dozen retail-ready individual packages. All of those packaging layers can have its own barcode to meet the retail standards of the region where it will eventually be sold.
AirMed helps you meet your barcoding and packaging standards whether selling to a provincial warehouse or shipping internationally. AirMed even lets you apply pricing at the package or the master case SKU, and custom pricing can be set for specific SKUs by customer.
For more information on GS1 standards and GTIN barcoding, visit: https://gs1ca.org/
If you’d like to discuss your specific needs, please give us a call at 1-877-313-2442 or click the Request Demo button at the top of the page to start the ball rolling.
Cannexpo 2024: Mar 22-24 in Toronto
For an entire weekend under one roof, CannExpo will be the epicentre for consumer cannabis products, business networking and education. CannExpo will bring together end consumers, industry professionals, and potential newcomers for a rare opportunity to interact with audiences from every category of cannabis.
CannExpo will welcome consumers, industry professionals, retail store owners, budtenders and newcomers to the cannabis space. Attendees will have the opportunity to discover exciting new products, services and technology.
This event will be held at the Enercare Centre (formerly the National Trade Centre) March 22-24, 2024.
For more information visit: https://cannexpo.ca/
FREE Seed-to-sale Software Buyer's Guide
Record keeping is an essential part of Health Canada’s compliance regulations. From the advent of legal medical marijuana in Canada, legal producers of cannabis have been required to track every seed, rooted plant, gram of waste material, final dried product, as well as interactions with customers and more. Due to the sheer volume of information, an electronic record-keeping system is the only practical way to manage the process. The software industry has responded to this need by creating seed-to-sale management software systems designed to help producers track their operations and report to Health Canada to meet compliance.
To help you through the process of purchasing seed-to-sale software in the Canadian Cannabis marketplace, we’ve produced a 20-page guide that answers the following questions:
- What is a seed-to-sale software solution and why do I need one?
- How do I choose one software platform over another?
- What should I be looking for in the software?
- How does the software fit into my business?
- How is my data stored and secured?
- What happens if regulations change?
To download this guide courtesy of AirMed, please visit the following page and complete the form. Once you submit the form, you’ll be able to download the guide.
Cannabis Industry Makes Predictions for 2024
While there are no guarantees as to what will happen in the cannabis marketplace, media members and industry analysts have been making predictions for 2024.
Investing News Network published both a year-end review and a forecast for the future that covered Canada, the US and global markets. For the projections, INN reached out to experts to learn about the key trends and challenges they expect to see in 2024.
https://investingnews.com/daily/cannabis-investing/cannabis-market-update/
https://investingnews.com/cannabis-forecast/
The Business of Cannabis published a series of articles in December 2023 and January 2024 with projections by industry stakeholders.
For their North American edition, the Business of Cannabis “spoke with a wide roster of industry stakeholders to discuss everything from the anticipated surge of pre-rolls, poised to surpass flower consumption in both Canada and the United States, to legislative reforms and the emergence of new market opportunities, such as cannabinoid therapeutics.”
https://businessofcannabis.com/looking-ahead-whats-in-store-for-cannabis-in-2024-part-1/
https://businessofcannabis.com/looking-ahead-whats-in-store-for-cannabis-in-2024-part-2/
https://businessofcannabis.com/looking-ahead-whats-in-store-for-cannabis-in-2024-part-3/
For the European edition, the Business of Cannabis focused on Germany and the UK.
https://businessofcannabis.com/whats-in-store-for-the-european-cannabis-in-2024-part-1/
https://businessofcannabis.com/whats-in-store-for-the-european-cannabis-in-2024-part-2/
The research firm Brightfield Group published “Six Insights from 2023 for 2024 Success in Canadian Cannabis.” This blog post offers a brief overview of the state of the Canadian cannabis industry plus trends for the future.
https://blog.brightfieldgroup.com/2024-canadian-cannabis-trends
The Green Market Report, which is focused on cannabis industry financial news, published “Cannabis Industry Executives Share Predictions for 2024.” This short article discusses both US and International reforms.
https://www.greenmarketreport.com/cannabis-industry-executives-share-predictions-for-2024/
The International Cannabis Business Conference blog offered up predictions for various markets around the globe in a post titled, “What Will Happen In 2024 Within The Global Cannabis Industry?”
https://ca.internationalcbc.com/what-will-happen-in-2024-within-the-global-cannabis-industry/
Market research company Technavio published a report titled, “US-Cannabis Market by Derivative Type, Product and Geography-Forecast and Analysis 2023-2027.” While focused on the USA, some of trends are likely the same as those that will affect the Canadian market. “The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers.”
https://www.technavio.com/report/us-cannabis-market-analysis
Report: Canadian Cannabis State of the Industry
The industry analysts at Ernst & Young have published a state of the industry report for the Canadian cannabis industry. Covering until the end of 2022, this report was “intended to highlight the key issues facing the cannabis industry and provide the supporting evidence.”
The executive summary highlights:
1. Successes of legalization;
2. Key issues facing the industry;
3. Key implications and takeaways, and
4. Future policy considerations
The methodology used to create the report including secondary and primary research to identify high-level successes and issues since inception of the Cannabis Act.
For more information about this report, visit:
https://www.ey.com/en_ca/cannabis-centre-of-excellence/canadian-cannabis-state-of-the-industry
Cannexpo 2023: Mar 24-26 in Toronto
For an entire weekend under one roof, CannExpo will be the epicentre for consumer cannabis products, business networking and education. CannExpo will bring together end consumers, industry professionals, and potential newcomers for a rare opportunity to interact with audiences from every category of cannabis.
CannExpo will welcome consumers, industry professionals, retail store owners, budtenders and newcomers to the cannabis space. Attendees will have the opportunity to discover exciting new products, services and technology.
This event will be held at the Enercare Centre (formerly the National Trade Centre) March 24-26, 2023.
For more information visit: https://cannexpo.ca/
Future Cannabis Strategies NA: Mar 8-9, 2023 in Toronto
Future Cannabis Strategies North America will bring together strategic business leaders from the North American consumer-facing cannabis market. This event will explore the CBD industry including cannabis products & devices, beverages, tobacco, cosmetics & nutraceuticals, together with solution providers for two days of insight, discussion and debate.
Attendees can expect intellectually driven presentations with a mix of case studies, panels and keynotes with ample opportunity for networking, Q&A sessions and exploring solutions providers who may have the answer to some of the most pressing issues at present.
This event will be held at the Sheraton Toronto Centre Hotel March 8-9, 2023.
For more information visit: Future Cannabis Conference
Canadian cannabis sales projected to double over next five years
A “Cannabis Canada Weekly” column published on BNN Bloomberg in March 2022 reports that Canadian cannabis sales are expected to double to $8.8B over next five years.
The article refers to a report published by the market researchers at Brightfield Group and notes, “The pace of sales in Canada’s cannabis market may be slowing down, but it is still expected to double over the next five years, according to a new report.”
Read the article by visiting BNN Bloomberg: https://www.bnnbloomberg.ca/cannabis-canada-weekly-market-expected-to-double-by-2027-pot-stocks-up-on-u-s-legalization-hopes-1.1743189
CannabisWiki Conference & Expo: Jun 15-16, 2022 in London, ON
Set in Southwestern Ontario’s Agri-Food Hub and partnered with leaders in the agricultural space, the CannabisWiki Expo is set to forge new relationships and usher in a reinvigorated era for the cannabis & hemp expo space.
Discover dynamic exhibits that showcase the latest innovative products & services across all categories, with a focus on the collision between agriculture, cannabis, and agri-food.
Enjoy educational sessions with industry innovators, leaders, and influencers, that explore future trends and current prospects within Southwestern Ontario’s Cannabis industry.
This event will be held at the Western Fair District, 316 Rectory St, London, ON N5W 3V9 June 15 and 16, 2022.
For more information visit: https://expo.cannabis.wiki/
Report says Cannabis Contributed $43.5 Billion to Canada’s GDP since legalization
The industry analysts at Deloitte Canada have published an annual report on the Canadian cannabis industry. Posted February 1, 2022, the report is titled, “An industry makes its mark: the economic and social impact of Canada’s cannabis sector.”
The authors of the report wrote, “Canada’s cannabis industry is generating billions for the country’s economy and government coffers… In the span of three years, the Canadian cannabis sector has found its footing and emerged as a thriving new source of economic growth, creating and supporting tens of thousands of jobs in communities countrywide.”
The report is based on a study that uses an input-output methodology to estimate the economic contributions of the Canadian cannabis sector.
To read more about this report visit: Deloitte Canada
To download the full report in PDF visit: An industry makes its mark
Deloitte Report Discusses Retail Cannabis Pricing Dynamics
With the help of BDSA and Hifyre, the analysts at Deloitte Canada examined consumer sales data alongside Deloitte’s recent survey of cannabis consumer preferences. The goal? To better understand pricing dynamics in both the Canadian and American adult-use cannabis markets.
“We discovered some fundamental similarities between cannabis and consumer packaged goods (CPG) markets—and some key differences.”
This report, titled “Price. It’s Complicated,” gives a close look at how cannabis behaves like a typical CPG (consumer packaged goods) market and the dynamics at play when it doesn’t. The report outlines some recommendations for companies looking to stay competitive in the challenging environment of this young industry.
To read more about this report visit: Deloitte Canada
To download the full report in PDF visit: Price. It’s Complicated.
Future Cannabis Strategies Europe Conference 2022: Jan 26-27 in London
The Future Cannabis Strategy Conference brings together key opinion leaders from some of the biggest brands in the industry with an exciting mix of large–mid-small sized disruptive companies that have shaken up the category with new offerings and methods.
Explore the CBD industry including Cannabis Products & Devices, Beverages, Tobacco, Cosmetics & Nutraceuticals, together with solution providers for two full days of insight, discussion.
The event promises intellectually driven presentations with a mix of case studies, panels and keynotes. Attendees will learn how to devise strategies, learn from successful companies and implement new methodologies that ensure successful growth and development across a variety of cannabis categories.
For more information visit: Future Cannabis Conference
Support for GS-1 Barcoding Standards in AirMed
AirMed software offers full functionality for multi-level packaging with layered barcoding that meets GS-1 barcode standards. This is the standard required to sell to provincial government distributors.
Licensed producers who use AirMed can assemble retail-ready individual product packages using a ‘master case’ system and identify and track products at each packaging level.
AirMed software offers full SKU and barcode management that supports GS-1 barcoding standards. Pricing can be set at the package or master case SKU, and custom pricing can be set for specific SKUs by customer. The software offers features for creating and processing the orders as well as fulfilling and shipping them to provincial agencies.
Our master case processing lets you use layered barcoding for individual containers through to cases of multiple containers. The AirMed track-and-trace system allows retail packages to be traced to the lot or batch and ultimately back to the original genetic material. And AirMed has a comprehensive multi-step recall process that completely automates recalls if they are ever needed.
To schedule a live demonstration of AirMed Cloud software, call us at 1-877- 313-2442 or click the Request Demo button at the top of the screen.
For more information on how AirMed helps your business, visit our Software page or our Frequently Asked Questions page. If you’d like to discuss your specific needs, please give us a call at 1-877-313-2442 or use one of the contact forms to start the ball rolling.
Join AirMed at Virtual Grower Day April 14
Hosted by Greenhouse Canada & Grow Opportunity magazine, Grower Day comes to a new virtual platform for 2021.
Grower Day on April 14 spotlights all things cannabis cultivation, including trends and issues that impact Canada’s licensed cannabis producers.
Meet with experts and growers from across the country, and discuss the latest in research, technology and production practices.
AirMed seed-to-sale business solutions will be an exhibitor at this event, so drop by our virtual booth to find out more about AirMed Cloud software and our turn-key ecosystem.
For more information visit: Grower Day April 14, 2021
Visit our virtual booth: AirMed at Virtual Grower Day
New BC Cannabis Sales Programs Announced for 2022
September 30, 2020, Victoria, BC: The British Columbia provincial government announced new sales programs to benefit cannabis producers and Indigenous businesses.
A media release yesterday announced that cannabis producers in B.C. will have greater access to local retailers and consumers, thanks to new direct delivery and farm-gate sales programs that are in development by the Provincial government.
These changes come as a result of input and recommendations from long-time cannabis growers, Indigenous leaders and other stakeholders. The government is giving Health Canada-licensed small-scale producers, including nurseries, the option of delivering cannabis directly to licensed retailers.
“We’ve heard clearly how important these kinds of sales are for smaller cannabis producers trying to get a foothold in a market currently dominated by larger players,” said Mike Farnworth, Minister of Public Safety and Solicitor General. “Now more than ever, our government is committed to supporting B.C. businesses and encouraging people to buy local, and that includes creating conditions for cannabis businesses of all sizes to succeed.”
The Province has also promised to develop a farm-gate sales program that will give cannabis growers in B.C. the option to sell their products from storefronts located at their production facilities.
The targeted launch for these new programs is 2022.
The BC Ministry of Attorney General’s Liquor Distribution Branch will also launch an Indigenous Shelf Space Program. This program, expected to start sometime in 2021, is designed to help consumers easily identify products from local Indigenous producers in BC Cannabis Stores.
“These steps will help grow the legal cannabis industry in B.C. in an inclusive way,” said David Eby, Attorney General. “By making it easier to know more about the product, those who choose to use cannabis can make careful decisions about what types of product they want to buy and what sectors of the industry they want to support.”
(Image / BC Liquor Distribution Branch)
The ‘highlighted’ products should be available at private B.C. cannabis retail locations, as well as through the government-run BC Cannabis Stores online site.
For more information contact:
Ministry of Public Safety and Solicitor General
Media Relations
250 213-3602
New sales programs to benefit cannabis producers, Indigenous businesses | BC Gov News
Cannabis Helps Canadian Agriculture Industry in 2020
According to the newspaper Moosejaw Today, Statistic Canada reported farm cash receipts of $16.7 billion increased 5.2 per cent in 2020 over 2019.
The newspaper article, published September 13, 2020, stated, “Without a 62 per cent increase — $685 million — in cannabis sales, farm cash receipts would have increased a mere .8 per cent… Led by surging cannabis sales, farm cash receipts in the first half of the year bucked the general decline caused by the coronavirus.”
To read the original article, visit: https://www.moosejawtoday.com/local-news/cannabis-steers-healthy-increase-in-agriculture-income-2706446
Cannabis Expo Ottawa: November 23 & 24, 2019 at Shaw Centre
With the advancement of legalization, the Cannabis Expo is an important step in showing the world the professionalism and maturity of the expanding industry. Join industry leaders from across Canada in an interactive forum educating on the latest technology, research and benefits of cannabis. Don’t miss comprehensive networking opportunities while exploring industry related exhibits as we build the foundation for the future of Cannabis in Canada.
For more information visit: Cannabis Expo Ottawa
Future Cannabis Strategies North America Conference: Oct 2-3, 2019 in Toronto
Future Cannabis Strategies North America brings together strategic business leaders from across the wider North American Consumer-Facing Cannabis products category, this includes CBD/ Cannabis Products & Devices, Beverages, Tobacco, Cosmetics & Nutraceuticals, together with solution providers for 2 days of insight, discussion and debate into how manufacturers can:
- Capitalise on Canada’s legalisation on the sale of edibles, extracts and topicals: expected no later than October 17th 2019
- Spotlight growth in International markets including the UK, Mainland Europe & South America
- Understand consumer trends & demands from across North America
- Identify opportunities to introduce Cannabis/ Hemp infused products into existing Consumer Packaged Goods (CPG)
- Review recent product innovation to understand how market trends are adapting to consumer demands
This is a strategic event designed for those who have commercial or strategic responsibility. This is not a scientific or medical research focused event, but a platform to share best practise and meet solution providers to allow International CPG manufacturers to ensure they comply with regulation, and to increase sales across global markets. The event heavily focuses on identifying opportunities within the European & North American markets and spotlights regulation to ensure producers and retailers of cannabinoid products operate legally.
This event discusses topics including: Product Launches, Regulatory Affairs, Government Policy, Business Opportunities, Quality Testing Methods & Marketing Practices.
For more information visit: Future Cannabis Conference