Avantpay|19 - the intersection of Payments | Cannabis | Cryptocurrency

Joshua Radbod
Posted at 3/31/2019

Hi everyone, just joined here! We at Avantpay are hosting a conference (www.avantpay.io) in Washington DC, Sept 30 - Oct 1, 2019 and are looking for speakers who are experts in payments, cannabis, & cryptocurrency. Please check us out and let me know if you are interested in participating in some way (speak/attend/sponsor). Expecting 500+. Thanks!

Joshua M. Radbod 


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ISO - Is it worth it?

Tracy Hawkey
Posted at 3/6/2018

ISO-certified companies all say the cost and effort to become certified is well worth it! 

As the cannabis industry becomes more competitive, a growing number of cannabis companies are looking for ways to differentiate their operations, whether that means offering value-added services or implementing the latest lean techniques. 

One best practice that many of today's leading shop's tout is ISO 9001 certification. The ISO standard is based on implementing seven quality management principles, including a strong customer focus, Evidence-based decision making, and continuous improvement. 

The basic goal of the ISO 9001 standard is to help companies provide customers with consistent, good quality products and services, which, in turn, often brings business benefits like improved financial performance. 

ISO standards are certain to help you increase profitability by

  • Improving the quality of your goods and services
  • Enhancing your credibility and build consumer confidence
  • Cutting the business costs of poor service and reduce customer complaints 
  • Processes will be aligned and understood by everyone in the business which increases productivity and

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What Insurance Companies may want to Consider before Insuring the Marijuana Industry

JB Woods
Posted at 6/3/2017

By J.B. Woods, Greenpoint Insurance Advisors, LLC  © 2017 All Rights Reserved  (This article was originally published in Trusted Choice of Colorado)

The most recent election captured the attention of the insurance industry when states like California, Nevada, Massachusetts, and Maine voted to legalize marijuana along with medical marijuana initiatives being approved in other states such as Florida, North Dakota, and Arkansas.  Over half of the United States has some form of marijuana law.  According to Arcview Market Research, the marijuana industry resulted in $6.7 billion in sales for 2016 and made it one of the fastest growing industries.1

With the amount of growth in the marijuana industry, most insurance brokers are inclined to believe that insurance companies would be eager to offer commercial products such as commercial liability, product liability, directors & officers, property, and workers compensation.  This has not been the case, as insurance carriers have grappled with the notion of insuring a product that is federally illegal.  The result has been disappointing, as insurance companies have eagerly entered, but then later exite...more

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Is The Admitted Insurance Market Ready to Insure Pot?

JB Woods
Posted at 6/3/2017

The Golden State Could Be a Game Changer for the Marijuana Insurance Industry
©2017 Greenpoint Insurance Advisors, LLC

Breaking news out of California when The Californian reported California Insurance Commissioner Dave Jones wants admitted insurance carriers to insure marijuana.  This will not be an easy task for Commissioner Jones considering the fact Lloyds of London does not offer insurance to the marijuana industry. 

For those who may not know, admitted insurance carriers are well known companies approved and  subjected to regulation by the state in which they operate.   Admitted insurance carriers are typically companies like Travelers, Hartford, Farmers, and State Farm to name just a few.   Historically, these companies have no interest in insuring marijuana. 

Currently, the cannabis insurance industry purchases insurance through the non-admitted insurance markets.  There is less competition, more stringent underwriting, and limited coverage offerings.  For example, product liability and directors and officers insurance is extremely difficult to procure.  The few insurance carriers offering the coverage ...more

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The Cannabis ECN 2017 Roster of Featured Experts

Janet Who's Who Support
Posted at 5/3/2017

Download the 2017 Roster of Featured Experts

The National Cannabis Industry Association (NCIA) is the only national trade association advancing the interests of the legitimate and responsible cannabis industry. Our industry supports tens of thousands of jobs, tens of millions of dollars in tax revenues, and billions of dollars in economic activity in the United States annually. NCIA's nearly 1200 members include some of the most notable and successful cannabis entrepreneurs and business owners from around the country. It’s their experience and expertise that make the Cannabis ECN® such a valuable resource for those new to the industry, as well as to small business owners who need professional advice to take their businesses to the next level.

The goal of this 2017 Cannabis ECN® Roster of Featured Experts is to connect cannabis industry experts with information-seekers and entrepreneurs in a professional and welcoming environment. To explore the free online features of the Cannabis ECN® and to get to know the many experts on the platform who are ready to answer your questions and help you tackle industry-specific challenges, please visit http://cannabis.expertcalling


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Crucial to your success...Co2 Extraction System Selection

AC Braddock
Posted at 2/21/2017

Eden Labs’ Blog

Pumping Systems in CO2 Extraction:
Why and How to Evaluate Liquid, Gas Booster and Dual-pump

by Fritz Chess, Founder
CO2 Pumping Systems - Supercritical to Your Success.

When shopping for a supercritical CO2 extractor, the most important consideration is the pumping system of the extractor. This is the heart of the extractor which determines the rate and yield of oil that will be produced. Yet the pumping systems for CO2 extractors are plagued by design flaws and manufacturing mistakes. To make a wise investment in a CO2 extractor it is essential to understand the pumping system within the machine.

Evaluating Pumping Systems in CO2 Extraction

There are three basic pumping configurations used in CO2 extraction: liquid, gas booster, and dual- pumping. A liquid pump, pumps liquid CO2. A gas booster pumps gaseous CO2. In a dual-pump system, the liquid pump and gas booster are both used in the same extraction process. This article will explain how the three designs work and look at the pros and cons of both.

Gas Boosters: The Legacy CO2 Extraction Systems

The gas booster design was pioneered by Eden Labs in 2003. At the time, most closed-loop s


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Find the Right Investors for Your Dispensary

Avis Bulbulyan
Posted at 7/22/2016

It can be challenging to find startup funding for a cannabis dispensary. Investors are out there, but it takes specialized skills and know-how to find them. Here are a few methods that may help you connect with startup funders.

Networking. Networking is the key to growth and success as no business can succeed in a vacuum. Your contacts are a vital part of your business and you should look after them. Thirty years ago, a huge rolodex was a sign of a master networker. Today, social networking is an excellent way to develop personal connections. You cannot ignore Linkedin, Facebook, and other social media networking platforms specific to your business and the cannabis industry.

Trade Conventions. If you are in the Pacific Northwest this winter, the Northwest Cannabis Classic takes place in Portland on December 6. This is a wonderful way to get to know the community, and to start or expand your network of potential investors or partners. Trade conventions are excellent for networking, but this year’s Cannabis Classic also features informative seminars on kick-starting a marijuana business, collaborating with other entrepreneurs, and finding potential investors.

Check out Weedbi...more

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King of the Industry: Why Some New Companies Feast on Emerging Trends While Others Starve

Khadijah Adams
Posted at 7/3/2016

How do you become the fastest, most successful company in the history of business? What kind of secret formula do you need to thrive in an emerging industry? How does your business feast in an environment where businesses starved; pioneering through uncertainty, resisting rescue and outlasting vicious competition? Few businessmen and women embrace the audacity of risk amongst controversy, succeeding with grit in one of the most controversial times in American history.

It hasn’t been one decade and America has begun to forget about the entire country teetering on the edge of economic crisis. The summer and early fall of 2008 spelled historical drama of the highest order when the global economy entered a massive free-fall. The sub-prime mortgage crisis had become the talk of Wall Street as credit markets dropped massively.

When Lehman Brother filed for bankruptcy, the business world reacted with horror. Famous Silicon Valley venture capital firm Sequoia sent out a presentation, “R.I.P. Good Times.” The days of emerging, multi-billion-dollar firms were now a thing of the past.

Or were they?

Staking a Claim in an Emerging Market

And yet two brilliant Chicago entrepreneurs – one...more

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