Start-ups have two options for building a new cultivation site: they can either piece together all of the individual components that make up a cultivation facility or invest in a turnkey project. Although turnkey facilities initially cost more than do-it-yourself projects, they offer entrepreneurs the benefit of a reduced learning curve and a rapid entry […]
Producers
How to Determine the Best Way to Grow: Part Two
There are three ways to cultivate cannabis commercially: hydroponically, organically, or a hybrid of the two. Hydroponics Hydroponics is the practice of growing plants without soil. Instead, growers provide plants with an oxygenated, nutrient-rich solution delivered directly to their roots. The energy the plant would dedicate to root growth in search of food and water […]
How to Determine the Best Way to Grow: Part One
Selecting an appropriate cultivation strategy is one of the most critical steps in launching or expanding a cannabis cultivation business. A cultivation strategy dictates how a company will produce its cannabis. This decision can determine a company’s likelihood of success and directly influence its capital and operational expenditures. Selecting an appropriate strategy will result in […]
The New Era of Carbon Negative Footprint Cannabis Cultivation
By Bill Shevlin California grows some of the best cannabis in the world. Unfortunately, cultivation can have not-so-green consequences. From unregulated guerilla grows in the Emerald Triangle, to indoor cultivation in cities like Los Angeles, there are often negative side effects for the environment. High energy consumption, water shortages and the endless wasteful packaging that’s […]
Understanding CapEx and OpEx Requirements for a New Cultivation Business
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 […]
California’s largest-ever fire threatens cannabis farms worth millions. Many won’t evacuate
Nate Trujillo sat on a windy ridge and watched California’s largest wildfire, the August Complex, work its way toward the cannabis-growing enclave of Post Mountain-Trinity Pines, where many of the locals are refusing to evacuate. Law enforcement officers went door to door warning of the danger a few days ago, but “we couldn’t force people […]
Marijuana Stocks: Aurora Cannabis Forecasts Lower Sales As New CEO Steps In
Aurora Cannabis stock fell hard after hours after the Canadian pot producer forecast falling cannabis sales in the current quarter, while net sales for its fourth quarter came in slightly below estimates. The company reported the Q4 results and Q1 outlook after it named a new CEO this month — part of an effort to […]
Southern University is first HBCU to launch medical marijuana products
The Southern University Agricultural Research and Extension Center, part of the Southern University System, together with Ilera Holistic Healthcare (Ilera Holistic), on Wednesday became the nation’s first historically Black university (HBCU) to launch its own THC medical cannabis products. The university and Ilera share one of two cannabis licenses in the state of Louisiana. The […]
Viola Announces First Harvet and Official Launch of Detroit Cultivation Facility
PRESS RELEASE Limited Edition Celebratory Merchandise Line To Benefit Social Justice Nonprofits LOS ANGELES (June 22, 2020) – Viola, a nationwide leader in the production and sale of premium quality cannabis products, founded by NBA veteran Al Harrington, announced today its first harvest in the company’s Detroit, Michigan cultivation facility. The announcement also marks the […]
The Journey Toward Cannabis Appellations & Why It’s So Important
First wine, now cannabis. As Richard Mendelson, author of “Appellation Napa Valley” has noted, appellations apply to many things, but wine has been a focus point as it has been long standing in both the old world (Europe) and new (United States) – with lessons that apply to cannabis. Still, appellations may be named based on regional identifiers […]
