Marijuana Cultivation News

Week in Review: Retailers, Growers at Odds Amid Supply Shortage in Washington State

 By Chris Walsh After a rocky start to recreational marijuana in Washington State, many entrepreneurs on the front lines of the industry assumed the market would settle down fairly quickly. Unfortunately that’s not the case. Supply remains extraordinarily tight – many licensed cultivators are still awaiting their first harvest – while demand continues

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Investors Welcome 2 New Canadian MMJ Stocks

Two Canadian cannabis cultivation companies saw their share prices soar on the first day of trading as investors look to capitalize on a booming industry. Bedrocan Cannabis Corp, which trades on the Toronto Stock Exchange under the symbol BED, rose as high as 1.45 Canadian dollars ($1.32) on Monday before closing at CA$1.17, about 38% […]

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Canadian Cultivation Company’s Stock to Debut Monday

A Canadian company is set to become just the second licensed medical cannabis cultivation business in the country to go public. Bedrocan Canada Inc. has reportedly received approval to list on the Toronto Venture Exchange under the ticker symbol BED, and its stock is scheduled to debut on Monday, according to Reuters. The company will […]

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Hundreds Apply for Nevada MMJ Business Licenses

Entrepreneurs submitted nearly 400 applications for medical marijuana business licenses in Nevada by Monday’s deadline, highlighting the intense level of interest in the state’s MMJ program. The Nevada health department received 370 applications for dispensaries, cultivation centers, testing labs and production facilities. The deadline for applications was 5 p.m. Monday, but mailed submissions that are […]

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Energy Efficiency Elusive in Rec States

Energy could quickly become a major issue for cultivators in recreational cannabis markets. Neither Colorado nor Washington State has devoted much time to figuring out how to satisfy the huge power needs of the rapidly expanding recreational marijuana industry, according to the news site Environment and Energy Publishing. Utilities officials in the two states are […]

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State of Nevada Opens License Application Process

Nevada has officially started the application process for medical marijuana businesses. The state began accepting applications for cultivation, processing, testing and dispensary licenses on Tuesday. Entrepreneurs have until Aug. 18 to submit applications for state approval. Officials expect to process up to 500 applications. According to the Nevada health department’s website, four applications have been […]

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Uruguay Marijuana Market in Jeopardy

The plan passed by Uruguay late last year to legalize marijuana sales via approved pharmacies is on shaky ground. Uruguay has faced divisions and delays as it seeks a consensus on how to actually implement the program – a challenge many markets in the United States have faced as well. The country’s governing body now […]

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Infused Products, Extracts Guidelines Released

The American Herbal Products Association (AHPA) released business guidelines today tied to the manufacturing, packaging, labeling and storage of cannabis-derived products, wrapping up a project to create regulatory recommendations for the medical marijuana industry. The guidelines – modeled after similar recommendations covering food products and dietary supplements – are aimed at businesses involved in cannabis […]

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WA Product Shortages Could Last Months

When will Washington State’s recreational marijuana industry have enough product to satisfy demand? One cultivator expects it will take months for cannabis inventory to stabilize. Until that happens, supplies will be constrained and prices will reflect product scarcity. Brian Stroh – who owns CannaMan Farms, a cultivation site in Clark County – said licensed growers […]

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Denver Issues Edibles Recall, Despite Lack of Illness

Products from the popular Colorado edibles brand At Home Baked are being removed from store shelves at the order of the Denver Department of Environmental Health. The recall was triggered because the company allegedly used a device not tied to food production – a washing machine – to create a concentrate with the end purpose […]

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Canadian Cannabis Company Buys Huge Facility for $13M

A prospective medical marijuana company in Canada has purchased a 300,000-square-foot facility for roughly $13 million U.S. dollars. Canadian Cannabis Corporation purchased the enormous warehouse in the town of Brampton, Ontario, under a one-year term mortgage, according to a press release. The facility, when fully built up, has a maximum cultivation space of 600,000 square […]

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