Ohio became the 24th state to legalize adult-use cannabis on November 7th , 2023, with voters approving Issue 2 on the Ohio ballot. Under the new legislation, adults over 21 can now purchase and possess up to 2.5 ounces of cannabis. Additionally, Ohio residents will be able to...
Category:
Cannabis
New York’s Green Rush: General License Applications Open on October 4th
The Empire State is on the verge of a groundbreaking moment as it ushers in a new era of cannabis legalization. After more than 2 1/2 years since receiving the official green light for adult-use cannabis, the state is now ready to accept general license applications. This...
Navigating Cannabis Industry Financial Challenges: Receivership and Bankruptcy Insights
Navigating Receivership and Bankruptcy in the Cannabis Industry The cannabis industry, despite its rapid growth, is not immune to financial challenges. Companies within this sector may encounter financial hardships, prompting them to consider bankruptcy and alternative options...
From Schedule I to Schedule III: The Path to Success?
In a significant development, the U.S. Department of Health and Human Services (HHS) officially recommended on August, 30, 2023, that the U.S. Drug Enforcement Agency (DEA) reclassify marijuana from a Schedule I to Schedule III drug under the Controlled Substances Act. This...
$4.2B by 2027: New Report Projects Significant Growth for Cannabis Market in the Empire State
Opus Consulting Group Releases Updated New York Cannabis Report Examining First Six Months of New York’s Adult-Use Cannabis Market With more than 20 million residents and high tourism rates across the state, New York’s six-month-old regulated adult-use cannabis market is...
What are the benefits of cannabis analytics?
The 6 best areas where cannabis analytics can be beneficial: Cannabis Analytics refers to the collection, analysis, and interpretation of data related to cannabis products and use. There are several potential benefits of cannabis analytics including Quality control:...
When Cannabis businesses face financial distress
When Bankruptcy isn't an option After another rollercoaster of a year, I’m reflecting back on some of the insights my partners and I at Opus Consulting (previously Nucleus One) shared with the Cannabis Industry throughout the COVID-19 pandemic. One area that we’ve continued to...
Seneca Nation Announces Plans for Cannabis Dispensary
Opus client, Seneca Nation was recently featured in the news after they announced their plans for a recreational cannabis dispensary on tribal land. For more information check out the articles below! Forbes "The Seneca Nation of Indians announced this week that it is building a...
What to Consider When Designing an Indoor Cannabis Cultivation Facility
Designing an indoor cannabis cultivation facility is more complicated than you may think. The days of simply putting some plants in pots and giving them the appropriate amount of light, water and nutrients, a little TLC and calling it “good enough” are long gone if you...
IN THE NEWS: “Seneca Nation getting into legal pot business with cannabis dispensary in Falls”
Check out the full article HERE Opus client, Seneca Nation in upstate New York has just announced its project to develop a complete vertically-integrated cannabis operation on the Seneca Tribal Land. Opus is bringing its decade of national cannabis experience assisting with...
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