Category: Cultivation

Capitalizing on marijuana markets with limited rivals

Cannabis cultivation companies with a foothold in “constrained” markets – those with relatively few licenses such as Massachusetts – have a natural advantage, thanks to limited competition and marijuana supplies. Massachusetts-based Tilt Holdings is one such company. Tilt has multiple businesses that, among other things, offer cannabis-related technology and operate cultivation centers and retail stores […]

GB Sciences sells Louisiana medical marijuana company for $32 million

Nevada-based GB Sciences, and one of two licensed marijuana businesses in Louisiana, sold its 50% ownership stake in GB Sciences Louisiana. The stake will be purchased by Wellcana Plus, a Lafayette, Louisiana-based company which holds the other 50% of the operation, by the end of October, according to a release. The sale is for $16 […]

Cresco Labs acquires marijuana company Tryke for $282.5 million

Chicago-based Cresco Labs, one of the largest multistate cannabis operators in the U.S., said it is buying Tryke, a vertically integrated private cannabis company active in Nevada and Arizona. Here are the basics around the announcement: The purchase price for the transaction is $282.5 million, made up of $55 million in cash and the balance […]

Washington state cannabis trade group proposes capital equity fund

A cannabis industry trade group in Washington state on Monday proposed legislation to fund a social equity program that would help remove barriers to capital for minority business owners and would eliminate a residency requirement for potential investors in the market. The Washington CannaBusiness Association (WACA) put forward the Cannabis Capital Equity Act, which would be supported […]

TruTrace Technologies and Deloitte ink marijuana tracking deal

Published 8 mins ago Toronto-based TruTrace Technologies, which registers and tracks intellectual property in the cannabis industry, has formed an alliance with consulting giant Deloitte to ensure product safety and efficiency. TruTrace will use its StrainSecure system through the collection of plant-testing data. Subsequent information will be stored in a database designed to ensure […]

California county shutters record illegal grow with 63,000 marijuana plants

Authorities in the famed wine country of Sonoma County, California, shut down the largest illegal marijuana grow operation in the county’s history, seizing roughly 63,000 unlicensed cannabis plants. County inspectors with the Permit and Resource Management Department on Aug. 28 came across five properties in South Santa Rosa that held a total of 63,241 illegal MJ […]

Marijuana irrigation tips for your grow from the professionals

Published 1 min ago | By Bart Schaneman David Digiallorenzo walks down from one of his rainwater catchment tanks at Casa Humboldt farm, which irrigates exclusively with rainwater. (Photo courtesy of Casa Humboldt) (This is an abridged version of a story that appears in the September issue of Marijuana Business Magazine.) Many cannabis grow operations […]

Craft cannabis is the marijuana industry’s small-batch sector

Michael Steinmetz, left, CEO of Flow Kana, examines cannabis plants with Cyril Guthridge, founder of Waterdog Herb Farm in Mendocino County, California. (Photo by Bobby Cochran Photography) (This is an abridged version of a story that appears in the August issue of Marijuana Business Magazine.) The cannabis industry is becoming increasingly dominated by big firms, but […]

Washington state regulators consider revamping marijuana rules

Washington cannabis regulators are proposing a wide-ranging overhaul of the state’s industry rules, which, if approved, could have a big impact on the way MJ business is conducted there. Proposals include: Boosting minority ownership of cannabis businesses. Paving the way for home deliveries of medical cannabis. Allowing the smallest growers to increase the size of […]

How cannabis companies can protect intellectual property in the wake of Phylos Bioscience uproar

(This is the second story in a two-part series. Part 1 featured Phylos Bioscience’s announcement it was welcoming Big Ag into the cannabis industry and the subsequent reactions.) Oregon-based cannabis genomics company Phylos Bioscience’s disclosure that it was positioning itself to be bought by Big Ag underscores the need for marijuana companies to take steps […]