Vertical integration definition

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.

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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 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.

Examples of Vertical integration in a sentence

Vertical Integration of EMS Products: The Parties agree that Flextronics will control the sourcing for the in-scope of EMS Products subject to i) qualification requirements are met, ii) 180 days notice is provided to EMS Suppliers in conjunction with Nortel Networks and iii) Nortel Networks contractual requirements with Sanmina-SCI with respect to Encore products are met.
Sequential production, Intellectual property, Intangible assets, Appropriability, Stage complementarity, Upstreamness, Firm organization, Outsourcing, Vertical Integration.
Administrative Violation Notice No. C7C7059B, dated December 26, 2018, issued by the Washington State Liquor and Cannabis Board against Superior Gardens, LLC dba Northwest Cannabis Solutions for violation of True Party of Interest, Vertical Integration and TPI, un-vetted funds.
Vertical Integration is coordination between firms within a specific business processes whereas a coordination needs investments, internal integration is a coordination between departments within a specific business processes.
Difference Between Vertical Integration and Horizontal Integration.

More Definitions of Vertical integration

Vertical integration means all cannabis activity that was required to be performed by a marijuana business on a single parcel or at a single location pursuant to the terms of Proposition D which went into effect in June 2013.

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.

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.

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).