cannabisbusinessinsights.comOCTOBER 20246A Catalyst for Growth in the Cannabis Industry Amid the shifting dynamics of the cannabis industry, licensing consultants provide vital support to businesses as they navigate the challenging regulatory environment. These experts guide cultivators, manufacturers and retailers through the licensing process, ensuring compliance with local and national regulations. Simplifying the application process and promoting best practices, cannabis licensing consultants contribute significantly to market growth and sustainability, empowering entrepreneurs to focus on innovation and success.The importance of this role is underscored by recent reports estimating that the cannabis licensing consultants market will reach $6.58 billion by 2029, growing at a CAGR of 3.17 percent. As regulations continue to evolve, many consultants are expanding their services by developing mobile applications that enable clients to track their licensing applications in real-time, receive alerts about compliance requirements and access educational resources. The rise of remote work, has led to an increase in the use of video conferencing and virtual collaboration tools, making expert advice more accessible and flexible for clients across the country. This edition of Cannabis Business Insights Canada delves into the recent developments in cannabis licensing consulting and how businesses can leverage the latest consulting trends to enhance their offerings.It features insights from Chris O'Ferrell, senior director of cultivation at Deep Roots Harvest, who discusses how the success of cannabis cultivation operations depends on modernization and technological advancement. Caroline Brochard-Garnier, operations & technology director at Rousselot, highlights the rapid growth of the CBD and nutraceutical gummy market, alongside the innovative advancements in gelatin technology that address the unique challenges of producing effective, safe and appealing gummy supplements.The edition also features Rising Tide Consultants, who prioritize community engagement and integrity, empowering cannabis entrepreneurs to navigate regulatory challenges and transform them into growth opportunities while securing licenses and ensuring compliance.In this edition, highlighting the Cannabis Licensing Consultants of the Year in Canada 2024, we hope you find the best partner to help you navigate the complexities of cannabis licensing and drive your business towards sustainable success.Let us know your thoughts!EDITORIAL STAFFAva GarciaDavies MedowsJohnson HellerJoshua Parkersales@cannabisbusinessinsights.comeditor@cannabisbusinessinsights.commarketing@cannabisbusinessinsights.comEmailVISUALIZERDisclaimer: *Some of the Insights are based on our interviews with CIOs and CXOsMANAGING EDITORCannabis Business Insights Visit www.cannabisbusinessinsights.comCopyright © 2024 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.OCTOBER - 25 - 2024 , Vol - 02, Issue - 05 (ISSN 2837-1658 ) Published by ValleyMedia, Inc. TO SUBSCRIBE TOVian Isaac600 S Andrews Ave Ste 405, Ft Lauderdale, Fl 33301EDITORIALLouis PeterLouis PeterManaging Editoreditor@cannabisbusinessinsights.comKevin Parker
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