Marijuana Business Magazine May-June 2019

3 May-June 2019 | mjbizdaily.com DEPARTMENTS 6 From the CEO’s Desk 12 Executive Page 14 Money Matters 18 Company News 24 Industry Developments 40 Hemp Notebook 128 Cultivation Business Strategies 138 Industry Players 144 My Favorite Things 146 Market at a Glance 151 Our Advertisers 152 Notable Quotes Cannabis-infused gummies are coated in sugar at Cresco Labs’ industrial kitchen in Joliet, Illinois. Photo by Jeff Haynes 8 CANNABUSINESS BY THE NUMBERS Challenges and Opportunities in Edibles. 10 FIVE QUESTIONS Pennsylvania Lt. Gov. John Fetterman reveals what he hopes to learn on a ‘listening tour’ of the state’s 67 counties. 42 TRENDS & HOT TOPICS Is Europe the Next Promised Land? 106 DONʼT-MISS SHOW GUIDE Highlights for MJBizConNEXT in New Orleans. 124 INFUSED BUSINESS STRATEGIES To capitalize on the growing market for infused beverages, Kalvara delivers a cannabis-infused cocktail via a patented bottle cap. 134 BEST PRACTICES IN CULTIVATION How to ensure your marijuana plants receive an optimum amount of light in an indoor grow.