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 […]
Cultivators
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 1in 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 operation, […]
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 […]
The ‘Green Dimension’: Inside the Lives of California’s Marijuana Trimmers
Tucked into the forests of Mendocino County, accessible by a two-lane road that winds through hills of golden grass abundant with rattlesnakes is the small town of Covelo, where hundreds of seasonal workers converge every year, eager to help harvest the region’s most lucrative cash crop — marijuana. These workers, known as “trimmigrants,” patiently cut […]
Considerations when Planning a New Greenhouse Facility for Cannabis Cultivation
By Paul Golden Most aspiring greenhouse cannabis producers focus their attention, when building their business plan, by first estimating profits. They assume the price of their products, flower and/or extracts, on the wholesale market. In most cases it’s easy to get a spot index price for wholesale products. Profitability of your Production Methods Both Canada and […]
