Marijuana Cultivation

Feds team with California officials to combat illegal cannabis grows

One of California’s U.S. attorneys is joining forces with the state attorney general in a renewed effort to crack down on illegal cannabis growers while allowing licensed marijuana companies to continue doing business as usual. McGregor Scott, the U.S. attorney for the eastern district of California, announced this week that his office will be bringing […]

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Cultivation applicants in Canada soar, but cannabis shortage looms

The number of applicants to cultivate cannabis in Canada rose 160% in the first quarter of 2018, as the industry ramps up for legalization late this summer. But the newest applicants aren’t expected to have product on store shelves until 2019 at the earliest because of the time required to get a sales license.

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Oregon cannabis growers slashing prices amid massive oversupply

With more cannabis being grown in Oregon than sold, growers have dropped wholesale prices and some are scaling back production or getting out of the market. The Oregon Liquor Control Commission said retailers sold only 108,330 pounds of usable recreational marijuana last year, leaving 891,670 pounds in the pipeline to be stored for later sales or […]

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Week in Review: Ohio cannabis real estate woes, Missouri ballot measures & Oregon legal jitters

Ohio medical marijuana companies spend thousands on real estate while awaiting licenses, Missouri MMJ businesses eye ballot measures that would prove most business-friendly, and Oregon’s top federal prosecutor calls out the state’s excess cannabis output. Here’s a closer look at some notable developments in the cannabis industry over the past week. Waiting for Godot No […]

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Colombia’s first Canadian stock listing could lure capital to medical marijuana

With a potential patient count more than double Canada’s, Colombia’s medical marijuana market is quickly gaining recognition as a legitimate force in the global cannabis industry. The total market for patients with qualifying conditions in Colombia exceeds 5.5 million people, according to QuantilesIMS, a U.S.-based market analytics company. The country, which has long been known […]

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Investment firm offers CA$1M seed money to Canadian marijuana entrepreneurs

A major investment company is putting 1 million Canadian dollars ($780,000) on the table for aspiring cannabis entrepreneurs in Canada. Canopy Rivers Corp.’s program is open to entrepreneurs looking to access Health Canada’s proposed new licenses for micro-cultivation, nurseries, industrial hemp, processing, analytical testing, retailers and other emerging segments. “This is a way to help […]

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Micro-cultivation canopy limit clarified for Canadian cannabis growers

Proprietors who obtain micro-cultivation licenses in Canada under a new proposal won’t be able to circumvent the canopy limit by growing cannabis on vertically arranged spaces. The proposed limit of 200 square meters for micro-cultivation licensees would be based on the surface area occupied by all of the parts of cannabis plants, not just the floor […]

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What Canada’s top CEOs say about cannabis ‘commoditization’

While a shortage of marijuana is expected to precede any glut by a number of years, the potential for cannabis commoditization is already a consideration for many licensed cultivators in Canada. Greg Engel, CEO of New Brunswick-based Organigram, said commoditization, at least as it relates to cannabis, boils down to two things: Excess supply over […]

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Ohio awards medical marijuana grow license after resolving error in process

Trying to rectify an application scoring error, Ohio regulators issued a medical marijuana cultivation license to Illinois-based PharmaCann Ohio, which had been rejected in the original round of license review. According to the Cleveland Plain-Dealer, the company will receive a provisional permit for a 25,000 square-foot operation in Buckeye Lake, roughly 30 miles outside the […]

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Chicago-based cannabis firm GTI plans to go public in Canada

Green Thumb Industries, a Chicago-based cannabis grower and dispensary operator, released its plans to go public in Canada’s booming marijuana market. The multistate company has signed a letter of intent to complete a reverse takeover of Vancouver, British Columbia-based Bayswater Uranium Corp., which has interests in properties across Canada and in Wyoming. The deal charts […]

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