Like most websites The Cannabis Scientist uses cookies. In order to deliver a personalized, responsive service and to improve the site, we remember and store information about how you use it. Learn more.
Business & Profession Business, Legislation & policy

The Month In... Business and Regulation

Cannabis industry boosts jobs

Leafly reports that the cannabis industry added 77,000 jobs in 2020, doubling the growth seen in 2019. The increase, which includes both plant-touching and ancillary roles, comes despite the pandemic and subsequent economic woes. However, the report notes that jobs did not increase in line with sales, and suggests this is down to investors cooling on the sector after poor returns in the newly legalized Canadian market.  

Jazz hands for GW

The UK’s GW Pharma is to be acquired by Irish firm Jazz Pharmaceuticals in a $7.2 billion deal. The deal means that Jazz will acquire GW’s portfolio of cannabis-derived drugs, including Epidiolex for childhood epilepsies, and Sativex for multiple sclerosis. GW’s shares gained up to 49 percent after the acquisition was announced. Jazz is best known for its narcolepsy drug Xyrem, but the drug will soon lose exclusivity.

Michigan regulators move away from qPCR testing for total yeast and mold

Michigan Marijuana Regulatory Authority (MRA) initially raised concerns about qPCR test methods for total yeast and mold back in August. In response, AOAC International began an Emergency Response Validation program, assessing molecular (qPCR), automated culture systems, and plating-based methods for enumerating total yeast and mold. 

A memo by MRA reports that molecular methods failed the first round of testing in the AOAC program, and will therefore be disallowed for total yeast and mold (at least for now). Labs currently using qPCR as the sole test for total yeast and mold can either add a second method for confirmation or switch entirely.

And finally...

Amusing (if unsurprising) news from Washington State University: entrepreneurs who report smoking cannabis come up with more creative but less feasible business ideas!

Credit for image: My 420 Tours, CC BY-SA 4.0, via Wikimedia Commons

Receive content, products, events as well as relevant industry updates from The Cannabis Scientist and its sponsors.

When you click “Subscribe” we will email you a link, which you must click to verify the email address above and activate your subscription. If you do not receive this email, please contact us at [email protected].
If you wish to unsubscribe, you can update your preferences at any point.

Register to The Cannabis Scientist

Register to access our FREE online portfolio, request the magazine in print and manage your preferences.

You will benefit from:
  • Unlimited access to ALL articles
  • News, interviews & opinions from leading industry experts
  • Receive print (and PDF) copies of The Cannabis Scientist magazine