As the cannabis retail market continues to become increasingly competitive, with no signs of slowing down, many Licensed Producers (LPs) are finding themselves looking to external partners to maximize their product fulfillment and production capacity. Toll processing is a cost-effective solution for LPs to outsource a portion of their materials to a trusted partner for…
In October of 2019, the federal government announced the legalization of Cannabis 2.0 products, including cannabis-infused edibles, vaporizers, beverages, oils, and topicals. The introduction of these new product categories enhanced the retail cannabis market dramatically, sky-rocketing sales by 120%, and tallying over $2.6 billion in revenue since 2019. Cannabis 2.0 products promised future growth over…
Rooting itself in consumer goods, healthcare, and pharmaceuticals, the cannabis industry shows no signs of slowing down. But with such fierce competition from brands and Licenced Producers across the country, it’s becoming increasingly important to invest in the development of unique and innovative products. Cannabis 2.0 has opened a door for brands to experiment in…