10 Cannabis Farming Myths Finally Dispelled
The cannabis plant has existed on this planet for thousands of years. However, due to criminalization in the United States, research into agricultural best practices has remained limited. Historically, novice marijuana farmers mainly relied on word-of-mouth to learn how their plants grow best.
The underground nature of cannabis cultivation has allowed many myths to permeate the culture. And while there...
Bankrupt High Times Sees Fire Sale of Assets
LOS ANGELES – High Times magazine and the sprawling but bankrupt empire that owns it are for sale piecemeal to whoever offers the most for each part. The man tasked with selling the company bit by bit said he believes the iconic trademark may go for as much as $7 million, but websites, dispensaries, operating licenses, and other assets...
Licenses, Price Compression Shape Cannabis Market Growth
Many factors play into market growth in the cannabis industry. Unlike in traditional industries, the factors vary dramatically from state to state due to the idiosyncratic ways in which licensing and regulation are administered.
In mature markets on the West Coast, market stagnation is an ongoing story. Headset recently reported the California market generated total sales of $365 million in...
Exploring Cannabis Culture: Northern California Launches First-Ever Cannabis Trail
EMERALD TRIANGLE, Calif. – Northern California has introduced The Cannabis Trail, a pioneering travel experience designed to showcase the history and ongoing cultural impact of cannabis in the state. A collaborative effort among Oakland, Mendocino, and Humboldt counties, the initiative invites adults to explore a curated route from Santa Cruz to the Emerald Triangle, mirroring the concept of Napa...
USHR Responds to 2024 Farm Bill Framework
WASHINGTON -- The Senate Agriculture Committee Democratic leadership and the House Agriculture Committee Republican leadership released their frameworks for the 2024 Farm Bill. (Senate Dems and House GOP)
House Republicans released a five-page summary document with a broad overview of key policy objectives laid out the Farm Bill draft. There is no mention of hemp. But don’t read too much into that...
SUNNYSIDE CANNABIS WORKERS IN RIVER NORTH JOIN TEAMSTERS
CHICAGO -- Workers at Sunnyside, a subsidiary of Cresco Labs, in River North have voted overwhelmingly to join Teamsters Local 777.
"We are thrilled to welcome another Cresco location to Teamsters Local 777," said Jim Glimco, President of Local 777. "Dispensary workers are seeing their counterparts at other locations organize with the Teamsters and they want to secure the benefits of...
Sunshine Enclosures Acquires Full Scale LLC
NEW YORK -- Sunshine Enclosures, a leading provider of custom packaging solutions in the North American cannabis industry, acquired Full Scale, a prominent provider of branding and packaging services in the Colorado cannabis market. This strategic move marks a significant milestone in Sunshine Enclosures' growth strategy and further solidifies its position as a key player in the industry.
The acquisition of...
Canada’s SNDL Poised to Acquire U.S. Cannabis Assets
CALGARY, AB - SNDL Inc., through its joint venture in SunStream Bancorp Inc., intends to proceed with the acquisition of equity positions in U.S. cannabis assets. This follows the completion of a review by SNDL's listing authority, Nasdaq. SNDL has been in regular and active dialogue with Nasdaq, in respect of structuring and governance related to the SunStream USA Group....
PPWR rollout provides “golden opportunity” for packaging industry evolution
LONDON -- The final adoption of the EU's Packaging and Packaging Waste Regulations (PPWR) marks a significant milestone in the journey towards a more sustainable future for Europe’s print and packaging sector.
Intended to bring total uniformity where the incumbent Packaging and Packaging Waste Directive (PPWD) allowed room for interpretation, the PPWR deal has now been struck.
The agreed PPWR terms...
Embarc Launches ‘The Smoke Show’ at Cali Roots Music Festival
MONTEREY, Calif. -- Embarc, a leader in California's cannabis industry, proudly announces "The Smoke Show," an immersive cannabis experience set to debut at the California Roots Music & Arts Festival ("Cali Roots") from May 24-26. This will be the first activation to introduce onsite cannabis sales and consumption at the renowned Monterey event, aligning with Embarc's mission to destigmatize cannabis through...