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National Cannabis Industry Association’s Cannabis Business Summit Is 2018’s Fastest-Growing Annual Trade Show in America

NCIA and Event Partner GSMI Take #1 Spot in Trade Show Executive’s Fastest 50 Award List

 

Washington, D.C. – The National Cannabis Industry Association’s Cannabis Business Summit™ & Expo is officially the fastest-growing annual trade show in the United States, according to Trade Show Executive.

The Cannabis Business Summit, NCIA’s flagship annual event, was awarded the top spot on Trade Show Executive’s annual “Fastest 50” list, honoring the 50 fastest-growing annual trade shows of the year. From 2016 to 2017, the Summit increased paid exhibit space by 59.6% and the number of exhibitors by 53.3%.

“From the beginning, we’ve built the Cannabis Business Summit to be the highest-value event for cannabis industry leaders – in business, in education, and in advocacy,” said Aaron Smith, executive director of NCIA.. “This award confirms that we’re succeeding in fostering the critical intersection of commerce, policy, and community it takes for our industry to grow, and grow the right way.”

The Summit celebrates its fifth anniversary this year and has long been known as the most influential event in the cannabis industry. NCIA recently announced that James Cole, former deputy attorney general of the United States and author of the ‘Cole Memo,’ which fundamentally shifted the landscape for legal cannabis businesses in America, will be the featured keynote speaker at this year’s event.

The 2018 Cannabis Business Summit is expected to draw more than 7,500 cannabis industry professionals to San Jose, Calif., July 25-27.

NCIA shares the award with its event management partner, the Global Strategic Management Institute (GSMI).

Trade Show Executive awarded the “Fastest-Growing Annual Show” designation to the Cannabis Business Summit based on percentage of growth in net square feet of paid exhibit space and number of exhibiting companies.

National Cannabis Industry Association Responds to Department of Justice’s Move to Rescind Marijuana Enforcement Guidelines

FOR IMMEDIATE RELEASE
January 4, 2018
Contact: Aaron Smith, Executive Director
(303) 223-9727 — communications@thecannabisindustry.org

National Cannabis Industry Association Responds to Department of Justice’s Move to Rescind Marijuana Enforcement Guidelines

Washington, D.C. – Today, U.S. Attorney General Jeff Sessions announced that the Department of Justice has rescinded the “Cole Memo” and two additional memos related to marijuana enforcement policy. These memos, issued in 2013 and 2014, have helped to clarify the Department’s response to state-legal cannabis activity.

In response to these developments, National Cannabis Industry Association Executive Director, Aaron Smith has issued the following statement:

This news from the Department of Justice is disturbing, especially in light of the fact that 73% of voters oppose federal interference with state cannabis laws. But, the rescinding of this memo does not necessarily mean that any major change in enforcement policy is on the horizon. This has been, and still will be, a matter of prosecutorial discretion. We therefore hope that Department of Justice officials, including U.S. Attorneys, will continue to uphold President Trump’s campaign promise to not interfere with state cannabis programs, which have been overwhelmingly successful in undercutting the criminal market.

In addition to safely regulating the production and sale of cannabis, state-based cannabis programs have created tens of thousands of jobs and generated more than a billion dollars in state and local tax revenue to date. Any significant change in federal enforcement policy will result in higher unemployment and will take funds away from education and other beneficial programs. Those revenues will instead go back to drug cartels and other criminal actors.

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Representing well over 1,500 member-businesses nationwide, the National Cannabis Industry Association (NCIA) is the largest cannabis trade association in the U.S. and the only one representing cannabis-related businesses at the national level. NCIA promotes the growth of a responsible and legitimate cannabis industry and works toward a favorable social, economic, and legal environment for that industry in the United States.

 

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