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Mobile Vertical Grow Systems

Given the increasingly high value of space and time, Mobile Vertical Grow Systems (racks) optimize indoor farming and growing facilities to make the most use of space, return a high yield harvest, ensure employee safety, and streamline processes. Every aisle is a missed opportunity to grow more. Our Vertical Mobile Racking Systems can exponentially increase your space by allowing growing racks to slide together on galvanized aluminum tracks mounted on top of existing concrete floors. This way you take full advantage of your controlled environment's square footage and vertical space.

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CBD Maker Charlotte's Web Receives $56.8 Million Investment from Tobacco Giant

Charlotte's Web Holdings said it received a $56.8 million investment from a subsidiary of British American Tobacco (BAT) in a deal that gives the multinational tobacco giant a 19.9 percent stake in the Colorado CBD and industrial hemp company.

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Charlotte's Web Signs CBD Distribution Agreement with European Product Importer

Colorado-based CBD and industrial hemp company Charlotte's Web Holdings has signed a distribution agreement with Stark Foods International, an importer and distributor of specialty food and beauty products from Europe.

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Marijuana legalization wins in Michigan, Rhode Island, Wisconsin

Voters in seven of the 12 cities in the Detroit metro area have repealed prohibition or approved marijuana retailers since adult-use was legalized in 2018, according to the Detroit Free Press.

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U.S. cannabis stocks rise in early trading on midterm election results

Stocks of U.S.-listed marijuana companies mostly rose Wednesday morning following the 2022 midterm elections, despite mixed results in the five states where voters filed.

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Cannabis Technology and Advertising Company Weedmaps CEO Chris Beers Announces Resignation Due to Corporate Losses

Irvine, California-based Weedmaps' parent company posted a quarterly loss of $10.5 million, according to a press release Monday. The cannabis technology and advertising company said WM Technology CEO Chris Beers "has decided to resign" and leave the company.

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Cannabis and alcohol company Tilray acquires craft brewer Montauk

Tilray Brands has taken another step in the beverage alcohol space, adding New York craft brewer Montauk Brewing Co. to its cannabis and alcohol portfolio.

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Sean 'Diddy' Combs to buy Columbia Care and Cresco's cannabis assets for $185 million

Business magnate and rapper Sean "Diddy" Combs has agreed to buy the cannabis retail and production assets owned by Columbia Care and Cresco Labs for up to $185 million to create the largest black cannabis company in the United States.

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Fitch International Re-Rates Cannabis Producer Canopy for Constellation Ties

Canopy Growth's plans to enter the U.S. cannabis market have hit another roadblock - this time because of the cannabis producer's relationship with its largest investor.

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Fitch re-rates marijuana producer Canopy on its links to Constellation

Canopy Growth's plans to enter the U.S. cannabis market have hit another roadblock - this time because of the cannabis producer's relationship with its largest investor.

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Cannabis gummies dominate the cannabis food industry as two giants vie for leadership

Cannabis food sales nearly tripled from 2018 to 2022, increasing by nearly $535 million to more than $1.4 billion, according to Headset, a Seattle-based cannabis industry analyst firm.

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Cannabis producer Hexo reports C$1.1 billion loss this year

Quebec, Canada-based cannabis producer Hexo Corp. reported a fourth-quarter net loss of C$102.4 million ($75 million), bringing the company's total loss for the year to C$1.1 billion.

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