Making sense of a questionable cannabis investment & acquisition tips
While capital has become more accessible for many marijuana firms, sometimes the decision to extend funds is more about protecting a position than actually supporting a cannabis operator’s trajectory.
Why do plants struggle with LED lighting?
What is the effect of LED light on plant growth? And how can you best integrate LEDs into your climate control system, among other things? These are the kinds of questions Jan Voogt regularly hears as a teacher in courses on Het Nieuwe Telen (The New Way of Growing).
“Because of the unstable cannabis market, efficiency is key for growers”
Maximizing production or maximizing efficiency? “With the current unstable market in California, maximizing output is not the best strategy for growers. Instead, efficiency is more beneficial to be focusing on.” In their recent educational workshop, Resource Innovation Institute aimed to help cannabis producers improve the efficiency of their operations. From automation to upcoming changes in California’s energy code, there are many things to think about when it comes to increasing the grower’s profit.
What can a grower do to manage energy expenses?
With the rising energy prices, cultivation facilities easily incur electric bills of $150,000 per month or more once fully operational. What can a cultivator do to manage energy expenses?
First new LED trial tomatoes harvested; aiming for fossil-free
On Monday, November 15, the first tomatoes from the 'Fossil-free LED tomatoes' project that had been planted nine weeks earlier were harvested. Based on the results of the 2020/2021 trial, the lighting system had been adjusted. The first change was a second spectrum being added to one-third of the section.
Toronto passes 200 cannabis stores, nears CA$50 million in monthly sales
Toronto has seen almost 12 cannabis stores open per month on average since the beginning of 2021, bringing the total number in the city to more than 200 – double the number at the start of the year.
"NASA research has provided the CEA industry with lots of research"
Feeding astronauts during long-term space exploration means stretching resources to grow plants in space, including minimizing water use and energy consumption and eliminating soil.
New Jersey to start accepting adult-use marijuana applications next month
New Jersey regulators will start taking grower, processor and testing lab license applications in December as the state’s potential $2 billion adult-use
Total capital raised already up 118% over 2020 with months to spare
After a lackluster 2020 amid the pandemic and an economic downturn, investment in the cannabis industry has reawakened, with the amount of capital raised up 118% over 2020 as of Sept. 10. Year-to-date 2021 activity has equaled or even surpassed investment in 2019 in four of the top five sectors, according to data from New York-based Viridian Capital Advisors.
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