For serious long-term storage (6 months or more), you may want to consider vacuum sealing your buds, or even better, storing them in your freezer in tightly packed mason glass jars! Buds should feel dry and have been curing for at least 3 months before any attempt to store them long term. It is better to err on the side of buds being too dry when you’re going to store buds for a long time without checking on them.
Even if buds get brittle, they can be “freshened up” later with a Humidipak. Properly stored buds can retain a lot of their potency for years. After curing for a year or more after harvest, buds will tend to produce more of a “mellow” effect and will look a lot more beige than green, but other than that the effects stay mostly the same as long as buds are stored properly. 62% humidity – When buds are dry enough for long term storage, your hygrometer will read 62% relative humidity or slightly less. It’s important that buds are not wet at all before long-term storage, or they may mold! A great way to make sure buds don’t contain extra moisture is to leave your cured buds in unopened jars for a few weeks first, to make sure the humidity reading is completely accurate before your store your buds somewhere you won’t be able to easily check. Adding a Boveda 62 humidipak to the jar will also help keep the humidity where it needs to be! Now, you may be interested in… Case studies on curing marijuana, by real growers: Dispelling Banking Myths In The Cannabis Industry. For the past five years, I’ve worked in a business development role in the cannabis space.
As a result, I have been fortunate to gain a unique, front-line perspective on what is really happening. One of the most surprising things I’ve learned in that time is how much misinformation is out there. My job has been just as much about educating potential partners as it has been about working toward solving their problems. With so much confusion about the cannabis industry, let me take a moment to dispel some banking myths. Marijuana-related businesses (MRBs) can’t get bank accounts. This is one of the most widespread myths that I hear. The overwhelming majority of licensees across the country that I've worked with are banked. From coast to coast, MRBs are banking with reputable institutions. In some cases, banking “issues” within a state have been self-inflicted. In the case of a state like California, banks and credit unions were not as likely to bank the cannabis industry prior to January 1, 2018, because the state-legal program was not as clearly defined (paywall). I expect that many more will enter soon and believe that the “crisis” is resolving itself. In fact, banks and credit unions can bank cannabis as long as they comply with the 2014 FinCEN guidance. They should also develop a robust regulatory compliance program. The issues with banking cannabis are similar to issues banks face in other highly regulated industries. Federal versus state legalization isn’t necessarily the issue here. Industries like check cashers, payday loans, pawnshops and guns and ammo have reportedly lost their bank accounts despite being federally legal. These sectors all pose massive banking challenges regardless of their legal status because of their high regulatory compliance burden under legislation like the Patriot Act. Banks are risk-averse by nature, so they may not want to bank industries that will put their portfolios at risk. Under the SAFE Act, a bank cannot be penalized solely for banking cannabis.
While this sounds promising, most issues do not exist purely in the cannabis industry. If an examiner sees someone doing something that they shouldn’t with their cannabis accounts, they could also have any number of Bank Secrecy Act (BSA) or anti-money-laundering (AML) violations. At this point, I view the SAFE Act as more symbolic than anything. I believe the bill would need significant modifications to have teeth and be effective. So, is the SAFE Act trying to solve a problem that doesn’t exist anymore?
Keep in mind that the big-name banks may not bank other high-risk industries, either. So, if a well-known bank isn’t willing to bank guns and ammo businesses or pawn shops, it’s unlikely that they will take on the risk of cannabis. Despite the impressive growth of the cannabis industry, I believe it’s shortsighted to think that the big banks are just waiting for this law to start banking the industry. Dispensaries are often under the impression that once they have a bank account, they can accept credit or debit card transactions.