Growing pains are developing in the cannabis industry as genetic code, and proprietary processes start to become patent-protected. CannabisTech spoke to Stephen Martin at The Gene Pool this week to discuss the future of cannabis patents.
Currently the United States cannabis industry employs roughly 125,000 people and is projected to grow to over 400,000 by 2021. The $10 billion market is expected to grow to $40 billion in that same span, which would make it the fastest growing industry in the country at nearly 400%.
It's not uncommon these days to see former chemists and molecular biologists move from the pharmaceutical industry into cannabis. It's just a logical next step into a growing sector. But to see a former NASA funded scientist, like for Shellene Suemori, move into cannabis, is an interesting move.
Home cultivators and patients alike have a promising future in cannabis technology as more companies like ExtractCraft and Oblend emerge to provide high-end, advanced technology solutions which make processing and consuming cannabis cheaper and more efficient.
Regardless of the product, when a new industry emerges, opportunities arise for early adopters to jump into highly rewarding positions in an exciting new field. With industries as promising as cannabis and hemp, many people are finding new ways to incorporate skills and expertise, learned from more mainstream industries, to forge a new path during the early days of the Green Rush.
Summertime in Colorado is known for a vast selection of experiences for the everyday tourist, locals, and someone like myself, a weekend warrior. There are so many things happening at any given moment in our state to indulge in. However, for some of us, summertime in Colorado also represents regulation implementation dates. Such as July 1, as it seems almost every summer there is a new packaging or labeling rule to adhere to and the beginning of Colorado’s State licensing authority summer rule-making sessions.
CannabisTech was able to speak with cannabis entrepreneur Greg Gamet about the ins and outs of today's cannabis industry. In 2017, Greg was awarded the Cannabis Industry Compliance Executive of the Year and currently serves as Chief Cannabis Officer at Gold Flora, located in Desert Hot Springs, California. Join us, as we discuss Greg's path to where he is today, and where he sees the cannabis industry headed.
