Vertical integration means a Cannabis Business that will hold a minimum of three (3) non-retail cannabis permit which includes manufacturing, distribution, and at least one cultivation license which shall cultivate at least 20,000 square feet of canopy in the City. A Vertical Integrated business may also be eligible to operate a retail or non-storefront retail business upon evidence of actual operation of at least three non-retail cannabis permit in the City.
Vertical integration means the co-location or combination of two or more of the following activities related to the production of usable marijuana for qualifying patients in one location: cultivation, manufacturing, and dispensing.
Vertical integration means individuals may hold multiple types of licenses and participate in multiple parts of the supply chain. For example, a business with all three of the main license types could participate in the industry from seed to sale. All states except Washington allow vertical integration, but no states require it.
Examples of Vertical integration in a sentence
Vertical integration, appropriable rents, and the competitive contracting process.
An entity or commonly controlled group of entities is presumed to be engaged in a unitary business when all of its activities are in the same general line of business.(b) Vertical integration.
Vertical integration: hospital ownership of physician practices is associated with higher prices and spending.
Vertical integration: motives for, and monopoly power.- Price discrimination of first, second and third degrees.
Vertical integration of operators active at different levels of the supply chain through common ownership or control can foreclose the availability of crucial inputs for actual or potential competitors.
More Definitions of Vertical integration
Vertical integration means that a company owns or controls the inputs, the processing plant and often the distributors and the retail arm of the same business. With the pork industry, vertical integration occurs when a company like Smithfield Foods owns or contracts hog production, owns or controls the packing plant, and has the market power to influence the distribution and retail sales of pork.
Vertical integration means that companies from different levels of supply chain are forming cooperative relationships, where the aim is to make for example, information flowing better between partners, and other vice improve supply chain process. (Caputo and Mininno, in Prakash & Deshmukh, 2010, p. 55).
Vertical integration means that companies are operate all the facilities involved in poultry production (e.g., hatchery, processing plant, feed mill and sometimes broiler breeder and grow-out farms).
Vertical integration means that activities at upstream and downstream levels of the supply chain have been brought under common ownership and control (see paragraph 50).
Vertical integration means that activities at adjacent levels of the supply chain have been brought under common ownership and control.
Vertical integration means the co-location or combination of the following activities related to the production of usable marijuana for qualifying patients within a single corporate entity: cultivation, manufacturing, and dispensing.
Vertical integration means occurs when a firm (or a group of firms) owns or controls different parts of the production process/value chain in a particular industry. For example, a telecoms operator may provide leased lines to external Internet Service Providers but at the same time also provide Internet services to the consumers. Firms that are vertically integrated and have market power are normally of particular concern for competition authorities since they are likely to be in a position to effectively hinder competitors in retail (downstream) markets.