Retail cannabis pricing isn’t a “set-it-and-forget-it” exercise.
“A pricing strategy must be agile because nobody has a crystal ball,” said Leandra Reid, co-founder of Toronto-based cannabis retail consultancy Vetrina Group. “We can’t know what the customer is willing to pay for a product until we put the product in and do some trials.”
A relatively unknown predatory mite can stave off potentially disastrous infestations of hemp russet mites in marijuana and hemp production when used in the right conditions.
Traditionally when growing cannabis, the thought is to simply apply over 18 hours of light per day to keep plants vegetative and switch to 12 hours to induce flowering.
This works, so why change it?
New products are hitting shelves as delta-8 THC bans in a number of states cause manufacturers and retailers to pivot away from the popular compound and try to make up sales.
Now that Dale Katechis, the founder of Colorado craft brewer Oskar Blues, is joining the marijuana industry, he can confirm what was always an open secret.
