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What is the mission of the Color of Cannabis?
The Color of Cannabis was founded out of the urgent need to have more representation of minorities in the industry. Advocating openly, unapologetically, and responsibly for people of color to participate in the regulated market is work that cannot be neglected. The regulated cannabis industry... more
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What are the core capabilities and services offered by High Performance? (read more)
I would suggest a quick look at our web site and watch a brief animated short that will provide you information on our company and solution.
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Are blockchain technologies suitable for the cannabis industry?
Absolutely. I believe that blockchain technology can encourage better management in supply chains by identifying inefficiencies, creating a real-time non-paper record, allowing cannabis companies to reduce costs and thereby improve their operations.
Cryptocurrency and Blockchain companie... more
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What kind of routine maintenance do supercritical extraction systems require?
Hello, If the system is made to a minimum of food grade specifications, you would only need to run the system with no material only co2 and ethanol for 90 minutes to 2 hours.... more -
How much dried cannabis does your equipment package an hour?
Thank you for the question.
We have actually 2 different levels of automation for the preservation and packaging of dried Cannabis. We have done this due to the wide range of production values we see. We have a semi automated system the requires an operator. This syste... more
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Have well does N2 packaging work for terpene stability of stored cannabis?
That is a great question.
We are currently engaged in a 5 year test exclusively to determine how well our packaging stabilizes Terpene profiles in Cannabis Flower. We commissioned an independent lab to conduct this study. They took our packaging along with Glass Jars, Plastic... more
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What kind of business is Hemp Farms Australia doing in the US market?
Hemp Farms Australia currently sit on the National Cannabis Industry Association panel and provide the US Cannabis Industry knowledge within commercial scale farming, processing and value-add areas of industrial hemp.
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I see that Illinois will become the 11th state to legalize recreational cannabis use. Can you provide some details about what this means for Illinois residents?
Thank you very much for submitting your question. Yes, Illinois is just a signature away from officially being the 11th state to legalize cannabis for adult recreational use (and the crowd goes wild)! Both the Illinois House and Senate approved the Cannabis Regulation and Tax Act, May 31, 2019, and ... more
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Why is taxation related to cannabis businesses so complicated?
Due to Section 280E of the Internal Revenue Code (IRC), a business may only deduct “cost of sales” from gross receipts in determining taxable income. Ordinary and necessary business expenses are not deductible for cannabis businesses – such as salaries, rent, utilities. This creates an... more
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Would Omegacomp HR handle 1099s and other compliance tasks?
Yes, OmegaComp HR handles 1099s, W-2s, labor compliance, OSHA compliance and more.
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