CapEx costs are the capital expenditures required to launch a cultivation business, while OpEx costs are the day-to-day operational expenses of running that business. These figures are substantial and vary widely between indoor, outdoor, and greenhouse operations. Understanding CapEx and OpEx costs are critical for determining the cash requirements needed to launch and operate a […]
Cultivators
Pennsylvania’s new medical marijuana player aims to ramp up production and drive down prices
Jushi Inc. will become one of the dominant players in the Keystone State’s medical marijuana market with its $37 million acquisition of Scranton-based Pennsylvania Medical Solutions from Vireo Health International. The aggressively expanding Jushi, based in Boca Raton, Fla., already holds permits to operate 15 cannabis dispensaries in Pennsylvania under its retail brand Beyond/Hello. Seven […]
Cannabis giant Canopy Growth further shrinks global footprint
Canopy Growth’s latest efforts to pare down its global cannabis operations include closing a US hemp farm and exiting Africa, the company announced Thursday. Much like other larger North American cannabis firms whose growth far outpaced that of the market they served, Canopy Growth (CGC) is shedding operations to drastically cut costs and save cash. Last month, that meant shuttering 3 […]
Growing off the grid: Marijuana businesses find ways to be eco-friendly
Growing marijuana, an energy-intensive activity, is not easy to take “off the grid.” Yet that is what Solar Therapeutics is planning to do. This month the marijuana cultivation and retail company will turn on its microgrid, essentially giving Solar Therapeutics its own power plant, which will generate all the energy required to power its 42,000-square-foot […]
The East Coast’s first outdoor, commercial cannabis harvest is underway
Out in the East Coast’s first commercial marijuana field last week, hundreds of “frosted” marijuana flowers glistened, the fall light dancing off the lucrative cannabis oils. The gamble had paid off. Nearly an acre of carefully tended marijuana plants had delivered something far from guaranteed: a commercial-scale harvest cultivated outdoors in a climate ill-suited for […]
Security Master Planning in the Cannabis Industry – Part 3: The Security Management Plan
THE SECURITY MANAGEMENT PLAN PART 1 in this series explained that to legally operate a cannabis business, whether medical or recreational, a license or permit to operate must be obtained. Every state has its own regulations and application process in place. They all require security measures to provide for the safety and security of the […]
Aurora Cannabis Is on Pace for 780,000 Kilos a Year, With 1 Million a Real Possibility
At the moment, there’s simply no industry growing faster, or garnering more attention from Wall Street and investors, than marijuana. Following the legalization of recreational weed in Canada, and now having over 40 countries worldwide with some sort of medical cannabis legalization in place, the sky appears to be the limit for pot and marijuana […]
Aurora Cannabis Marijuana Peak Production Leaps Higher
Aurora Cannabis (NYSE:ACB) is Canada’s second-largest marijuana company by revenue behind Canopy Growth (NYSE:CGC), but expansion projects could catapult it into first place someday. Aurora Cannabis went into this week with funded expansion projects targeting over 550,000 kilograms annually and exiting this week, its plans are targeting over 630,000 kilograms of peak marijuana production per year. What’s going on […]
Anderson Valley Reserve – Premium, Sun-Grown Cannabis Brand – Launches in California
PRESS RELEASE Brand Created and Being Built By Small Independent Farmers PHILO, Calif.–(BUSINESS WIRE)–Anderson Valley Farms, a group of artisanal cannabis farmers in Mendocino County’s Anderson Valley, today announced the launch of its premium, sun-grown cannabis brand, Anderson Valley Reserve. The brand is one of the few being created and built by small independent farmers versus […]
Illegal marijuana growers poison forests—these people fight back
Deep inside Northern California’s Shasta-Trinity National Forest, wildlife ecologist Mourad Gabriel is dressed in camouflage, waiting for the raid. He’s accompanied by more than a dozen armed officers with the U.S. Forest Service, local sheriff’s office, and other agencies on a hot August afternoon. Their plan: to seize and dismantle a nearby illegal marijuana grow site, hundreds […]
