Processor Track: taking your extraction business to the next level
Session 1: Nancy Whiteman, Wana Brands, “Taking Your Cannabusiness to the Next Level: Protecting Your Brand and Maintaining Quality and Consistency Through Multi-State Expansion”
As the marijuana industry grows, infused products brands are increasingly looking to new markets for expansion. Throughout the expansion process, business owners who are interested in building a national brand must be prepared to take the right steps to protect their brand – from spending the time to understand market nuances, to finding the right partners, and implementing a robust QA system. Not only must business be prepared from a brand protection standpoint, but they must also have well developed Standard Operating Procedures set in place to ensure that all products are consistently produced according to quality standards, across all markets. In this session, we will discuss overall brand protection, from visual branding to production and quality to sales and marketing, The session will also provide insight on developing and maintaining quality and consistency across all markets to ensure quality assurance.
Session 2: Applying Models from Pharmaceutical and Food Science to Cannabis”
The widespread acceptance of cannabis as medicine and recreation requires that the industry provide a safe, clean, consistent product meeting stringent quality standards. Cannabis products, including extracts and concentrates, can be made with processes borrowed from the natural food coloring, flavoring and dietary supplement industries, including solvent extraction and quality systems such as HACCP, Quality by Design, and GMP. This session will provide an overview of regulations and processes from other industries that inform cannabis, list some of the common pitfalls in botanical processing and testing, and provide some solutions and ‘tricks of the trade’ for industrial-scale botanical extraction.
Session 3: A page from Compound Pharmacies: Customized Medications, Terpene Profiling
Session 4: Simone Cimiluca-Radzins, LIV Consulting, “Maximizing ROI on expensive machinery & assets: a CPA’s advice on recovering capital expenditures, operational efficiency, and inventory management”
Companies can save time and money by improving just a few small areas in how they manage inventory, supply chain, and accounting. In this session, you’ll learn how to maximize your cash flow by implementing inventory, procurement, and business best practices into your business. You’ll also get an overview of the inventory management and seed to sale tracking systems available for your business and tips to maximize depreciation of your capital expenditures. Operational excellence is what sets great companies apart, is your company operating at its full potential?
Session 1: Automation in oil production: eliminating waste and increasing efficiency with filling and packaging solutions
Session 2: Andrew Samann, “Quality By Design: Standards and Good-Manufacturing Practices (GMP)”
Quality by Design is the dogma of Good Manufacturing Practices. GMP is a standard applied in the pharmaceutical and industrial food manufacturing industries, and this standard is coming to the cannabis industry: pharmaceutical engineering applies to cannabis process development, and facility buildouts.
Quality is not an end-result that’s validated by a test: it’s built in. Engineering a process and then building facilities around the process minimizes risks to consumer safety, and business KPIs. Asking the right questions on the front end, formulating strategy, and execution, in the right sequence, makes the difference between a successful business and a bankrupt business. Answering those questions yield insights necessary to consistently manufacture high quality cannabis products that brands can be built upon.
Andrew Samann, from Orion GMP, will provide an overview of GMP, offer insight into what the cannabis industry needs to know about getting started right, what makes great facilities great, and the dangers and risk associated with unplanned manufacturing and processing.
Session 3: Topicals: Bioavailability, Delivery Methods, Market Opportunities and Product line gaps
Session 4: What the jewelry and cosmetic industries can teach us: conveying value through branding and package design
Further details on hotel room block & special reservation rate will be available shortly, and emailed to all registered attendees and exhibitors.