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Business Issues/Benchmarks: Page 241
Kansas Medical Cannabis Bill Stalls in Committee
The legislation was defeated in a vote by the Committee on Federal and State Affairs during the legislature’s special session.
Iowa Plans to Reissue Medical Cannabis Dispensary Application
The Department of Health has rescinded a request-for-proposal for two licensed medical cannabidiol dispensaries, but state officials plan to reissue the application in the next few days.
Missouri Regulators Issue First Annual Report on State’s Medical Cannabis Program
The report is required under the state’s medical cannabis law.
North Carolina Department of Agriculture Releases New Soil Nutrient and Leaf Tissue Sampling Guidelines
The North Carolina Department of Agriculture and Consumer Service’s Agronomic Division released new guidelines to help hemp farmers prepare samples for leaf tissue testing and manage soil fertility and plant nutrition.
Oregon Cannabis Sales Surpass $100 Million in May
Last month’s sales were 60% higher than May 2019.
Joe Caltabiano Leaves Cresco Labs Board of Executives
Cresco co-founder has already stepped down from his position as president of the company in March.
Kansas Lawmakers Introduce Medical Cannabis Legalization Bill
The legislation has eight co-sponsors.
Challenges: One Constant in a Dynamic Industry
The primary cultivation- and business-related challenges for cannabis operations, according to participants, have remained unchanged for the past three years Cannabis Business Times has published the “State of the Cannabis Cultivation Industry Report.”
Industry Optimism, Expansion Continues
In the five years that Cannabis Business Times has published the “State of the Cannabis Cultivation Industry Report,” the vast majority of research participants noted they plan to expand their cultivation operations, with a slight shift in the types of expansion they have planned.
Where Cultivators Grow
The number of cannabis cultivators growing in greenhouses and outdoors has increased steadily over the years since Cannabis Business Times launched the "State of the Cannabis Cultivation Industry Report."
Aleafia Gains Access to Entirety of Its Niagara Facility
The Canadian company can now use all 160,000 square-feet of the Ontario location.
Revenue & Profits: Plateaued, But Solid
After growth skyrocketed between 2018 and 2019, participants in the 2020 “State of the Cannabis Cultivation Industry Report” hit a plateau in their revenue trajectory.
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