Saturday, June 24, 2017 9:13:10 PM
taxed business. This historic change requires smarter packaging technologies throughout the marijuana
production process and supply chain from cultivation to end consumer. Consider:
- The $200 per ounce and $3,000 per pound cost of Marijuana is far more than any other plant
based product. Therefore, any deterioration in its weight or quality is a serious and costly problem
- THC and CBD (cannabidiol) levels must be stabilized to assure verifiable percentages and doses. Damage from handling must be reduced.
- Consumer safety must be assured post testing and verification.
- The cost of business from licensing to growing/cultivation to shipping/delivery to the dispenser and finally to the end consumer all requires safe storage for the MJ to insure maximum quality control
- The new proposed California rules are going to result in delays to the dispenser and consumer and create an even greater demand for containers that promise long-term stability.
- Fungal/molds are an industry-wide problem, resulting
in monumental losses. Pathogens can be lethal to
consumers and must be mitigated.
- Traceability, accountability and tamper-evident containers are required by the tight regulatory
environments being imposed by states.
Clearly, developing a container system that can accommodate marijuana’s special challenges would mark a
turning point in intelligent packaging science and constitute a huge and highly profitable business opportunity.
Recent SGMD News
- Form 8-K - Current report • Edgar (US Regulatory) • 10/19/2023 08:54:54 PM
NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • NNVC • May 2, 2024 10:07 AM
ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM
Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm • AVAI • May 2, 2024 8:00 AM
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM
Cannabix Technologies to Deliver Breath Logix Alcohol Screening Device to Australia • BLO • Apr 30, 2024 8:53 AM
Hydromer, Inc. Reports Preliminary Unaudited Financial Results for First Quarter 2024 • HYDI • Apr 29, 2024 9:10 AM