Currently, the US has 36 states and the District of Columbia that have legalized marijuana for medical use, 15 of those states allow adults to use it for recreational use. The public’s view of cannabis has been changing. One in three Americans live in a state with legal weed, and, according to Gallup poll, 68% of Americans support federal cannabis legalization National Cannabis Industry Association).
In recent years there has been a rise in the legalization and decriminalization of marijuana worldwide, which has influenced the rapid growth of the industry. Other promising markets are Australia, Germany, Poland, Colombia, Uruguay, and Israel.
Cannabis market research firm the Brightfield Group estimates that the international cannabis market will hit $31.4 billion by 2021. What kind of growth can be expected beyond that? Another marketing firm, Grand View Research, estimates that the global legal marijuana market will reach $66.3 billion by the end of 2025.
According to Cannabiz Media, the legal marijuana business is creating jobs and opportunities with around 9,397 licenses in the U.S., including cultivators, manufacturers, dispensaries, and deliverers and labs.
Although the cannabis industry is fairly new, it’s essential for your business to establish a safety management process, where it maintains product safety and quality. QIMA/WQS offers the Cannabis Safety & Quality (CSQ) Standards.
The Standards were launched in 2020 to promote industry best practices and improve the overall safety and quality of cannabis and cannabis-infused products in the market. The CSQ Certification Program and applicable standards were built around both the ISO/IEC 17067 and the Global Food Safety Initiative (GFSI) Benchmarking requirements. Each standard has been developed by industry professionals and stakeholders to meet industry, customers, and regulatory requirements from seed-to-sale. Sites who achieve the CSQ certification will prove to their customers that they are fully committed to supplying only the safest and highest quality products on the market.
Improve product safety
Improve product quality and consistency
Meet regulatory compliance
Eliminate potential risks and possible recalls
Marketing advantages over competitors who are not audited by a third-party
Improvement in consumer confidence and an increase in brand loyalty
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