Marijuana Business Magazine February 2019

3 February 2019 | mjbizdaily.com 10 MONEY MATTERS Tidal Royalty CEO Paul Rosen shares his biggest investment mistake. 14 MY FAVORITE THINGS North American cultivators sound off on their favorite pesticides. 32 HEMP NOTEBOOK For CBD producers, standardized labeling is the easiest way to prove legality. 90 INFUSED BUSINESS STRATEGIES Regulatory overhaul in Washington state prompts Green Labs to revamp packaging, consider product expansion. 96 BEST PRACTICES: CULTIVATION Growers can cut their power consumption through LEDs, cannabis- specific HVACs and greenhouses. DEPARTMENTS 6 From the CEO’s Desk 8 Cannabusiness by the Numbers 16 Q&A with Lily Colley 18 Industry Developments 34 Trends & Hot Topics 36 The Executive Page 100 Company News 104 Industry Players 108 Market at a Glance 110 Our Advertisers 112 Insightful Industry Observations VOL6 • ISSUE2 •February2019 Insights forcannabisexecutives, investors&entrepreneurs $12.95 10 Technologies Killer How toKeepTop-TierBudtenders AvoidingPredatoryLenders SaveEnergy inYourGrow CanadianPackagingGetsClinical BoostYourMessagewithAge-SpecificMarketing Innovation is sweeping every sector of the cannabis industry and transforming how companiesdo business On Our Cover Technology is transforming all areas of the cannabis industry, from irrigation to extraction and advertising. Art by Everything Possible CORRECTIONS After the deadline for the January 2019 issue, both parties agreed to terminate HollyWeed North’s planned acquisition of Women Grow. In addition, the purchase price cited was incorrect; terms of the initial agreement detailing the proposed acquisition weren’t disclosed. Also, Renee Gagnon is not the owner of Women Grow. Due to an editing error, Jeannette Ward Horton’s name was spelled incorrectly in the January 2019 issue. Marijuana Business Magazine was provided with an incorrect photo of Jessica Henson. The correct version is available in our digital edition at mjbizmagazine.com .