Cultivation

Cultivation News

New rules would have major impact on most Canadian cannabis businesses

A new set of regulatory proposals has been released by Health Canada that would have wide-ranging implications for most businesses in Canada’s marijuana industry — and even many stuck in the gray market. The regulations would facilitate the coming into force of the Cannabis Act – which is still subject to parliamentary approval – and […]

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New U.S. medical marijuana markets – one year later

If it was a big year for recreational marijuana in 2016, then it was a huge one for medical marijuana.

Voters or state legislatures in 11 states – Arkansas, California, Florida, Hawaii, Louisiana, Maryland, Montana, North Dakota, Ohio, Pennsylvania and West Virginia – approved or advanced medical cannabis measures.

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L.A. firm aims to boost Colorado hemp farm to 900 acres

A Los Angeles-based real estate company is seeking to expand an 80-acre hemp research site in Pueblo, Colorado, by almost 12-fold, which would make it one of the largest hemp operations in the state. Agritek Holdings – which has water and mineral rights on the 80-acre site it already owns in Pueblo – has been […]

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TerrAscend announces CA$52 million financing, Canopy partnership

A Mississauga, Ontario-based medical marijuana company is taking steps to raise 50 million Canadian dollars ($40 million) through a private placement of its securities to expand its existing facility and pursue strategic pharmaceutical assets. TerrAscend – traded on the Canadian Securities Exchange under the symbol TER – said in a news release that it entered […]

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Hemp growers slowly getting help in battle against weeds, pests

(This is an abridged version of a story that appears in the November-December issue of Marijuana Business Magazine.) As the hemp industry grows, an increasing number of farmers are finding themselves in need of help combating weeds and pests. Hemp farmers typically lack soil-management expertise and pest-management options, and there aren’t many outlets they can turn […]

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Marijuana Business Daily’s annual cannabis industry survey underway

Marijuana Business Daily has launched its annual survey of executives and major investors in the cannabis space, which will help the company provide key market, financial and operational data for businesses and entrepreneurs. Executives with dispensaries/retail stores, commercial cultivation operations, infused product manufacturers, testing labs and ancillary firms as well as investors that fund cannabis […]

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Aurora launching hostile takeover for rival CanniMed

Aurora Cannabis said Monday it is proceeding with a hostile takeover attempt for CanniMed Therapeutics this week after the rival medical marijuana producer rebuffed its initial friendly bid for 544 million Canadian dollars ($425 million) in stock. The hostile bid represents a new development in Canada’s emerging marijuana industry ahead of next year’s planned legalization […]

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Canadian companies aim to create medical cannabis powerhouse in Latin America

Canadian companies hope to cultivate a medical marijuana juggernaut in Colombia by combining Toronto’s capital and technological expertise with the Latin American nation’s favorable climate and location. Industry executives said they plan to use Colombia as a springboard to serve Latin America’s 400-plus million people who live in nations where some form of marijuana is […]

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Cannabis industry expected to turn out in record numbers for MJBizCon

An industry record-breaking crowd of 17,000 is expected to attend the three-day MJBizCon that kicked off Wednesday morning in Las Vegas. The conference, now in its sixth year, features 112 speakers and 678 exhibitors packed into over 100,000 net square feet of floor space at the Las Vegas Convention Center.

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Greece’s medical marijuana market pushes forward

Investors are making plans to pump money into Greece’s recently legalized medical marijuana market. Cultivators are interested in investing more than 1.5 billion euros ($1.74 billion) to construct greenhouses for growing and manufacturing marijuana, according to the country’s minister of rural development and food. Here’s what you need to know from the Bloomberg report: Prime […]

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San Diego County’s only licensed marijuana grower to double production

With an expected boost in demand on the horizon, San Diego County’s only licensed cannabis grower plans to increase his farm’s output from 1,000 pounds in 2017 to at least 2,000 pounds next year, if not more. According to The San Diego Union-Tribune, the company, OutCo, said it may produce as much as 5,000 pounds […]

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Canada awaits hemp boom, with companies pivoting to capitalize on CBD

Excitement about hemp’s market potential is white-hot in Canada, where hemp production already overwhelms the United States and changing regulations could unleash a huge new market for CBD products. Company after company in Canada is gambling that the government will soon dramatically expand how the nation’s 120,000 acres of hemp can be used.

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