Marijuana Cultivation News

Defying early expectations, wholesale cannabis flower market remains unaffected as vaping health crisis continues

The outbreak of the vaping health crisis fanned speculation that marijuana consumers would forego vape products and shift to other merchandise such as flower and pre-rolls. But wholesale cannabis flower producers aren’t reporting a dramatic impact on pricing in the wake of the vaping crisis. And marijuana retailers are reporting a mixed bag regarding the impact […]

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New Mexico medical cannabis growers sue over plant limits

Three New Mexico medical cannabis cultivation companies are challenging a plant-count limit the state’s regulators put in place, saying the cap puts constraints on the supply of medical marijuana to patients. G&G Genetics, Sacred Garden and Ultra Health joined together in filing a lawsuit against the state’s health department in response to the new rules […]

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California water board sends warnings to cannabis growers

The California Water Boards sent at least 270 letters to farmers in the Emerald Triangle, warning them to come into compliance with regulations or face possible fines and even the loss of their cultivation licenses. The agency posted on Twitter that its Division of Water Rights’ Cannabis Enforcement Section sent the letters to “residents in Trinity, Humboldt […]

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Capitalizing on marijuana markets with limited rivals: Q&A with Tilt Holdings interim CEO Mark Scatterday

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 […]

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Cresco Labs acquires marijuana company Tryke for $282.5 million

Chicago-based Cresco Labs said it is buying Tryke, a vertically integrated private cannabis company active in Nevada and Arizona, for $282.5 million. Here are the basics around the announcement: The $282.5 million price tag is made up of $55 million in cash and the balance in stock. Tryke posted revenue of $70.4 million in fiscal […]

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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 […]

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Marijuana racketeering suit in Oregon allowed to proceed

A federal judge in Oregon ruled that a vineyard suffered “plausibly alleged harm” from a neighboring cannabis operation and may proceed with a racketeering lawsuit. The Capital Press in Salem reported that U.S. Senior District Judge Anna Brown denied the marijuana-growing neighbor’s motion to dismiss the complaint. The judge found that Momtazi Vineyard has legal standing under […]

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TruTrace Technologies, Deloitte ink cannabis tracking deal

Toronto-based TruTrace Technologies, which registers and tracks intellectual property in the marijuana 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 intellectual-property protection and strain validation. […]

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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 […]

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