Buyer beware! Product fraud is alive and well in the cannabis industry

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Summary

Making the product look like an official industry compliant product is pretty easy, too. And there you go — a legitimate looking cannabis product straight from the dispensary that some guy put together in his basement that has who-knows-what in it. Just write “Blue Dream” in the strain label box, stick it to a bottle, dump in whatever strain you need to move, and sell it. Sure, California cannabis labeling law is pretty specific about what should and should not be on the label, even describing the point size of the copy. It’s been pretty clear over the last year that not everyone has been in the cannabis business to build a thriving new cash crop industry.

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It’s been pretty clear over the last year that not everyone has been in the cannabis business to build a thriving new cash crop industry. The stories of startups making claims about growth and sales, enticing investors, then bailing with millions in ill-gotten gains, have become part of the early history of this industry. Business fraud seems almost endemic right now.

Earlier issues of allegedly synthetic cannabinoid products being sold at truck stops, which were actually a green leafy substance sprayed with a chemical that caused agitation and hallucinations, were really the first instances of product fraud.

Then last year, the vaping crisis...

Read the full article @ The Growth Op