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The adult marijuana industry in Washington directly employs 11330 workers and generates more than $1.4 billion in revenue in 2020. The study was conducted by high peak strategy, headquartered in Seattle.
Leafy holdings, an online marijuana platform, said its pending merger with Merida capital holdings, a special purpose acquisition company (SPAC), had received $30 million in new capital.
Industrial cannabis refers to cannabis with a tetrahydrocannabinol content of less than 0.3%.Tetrahydrocannabinol is an organic compound. It is the main psychoactive substance in marijuana. It is addictive and hallucinogenic.
Multi state operator green thumb industries acquired leafline industries at an undisclosed price to enter the medical marijuana market in Minnesota, making GTI one of the only two vertical licensed manufacturers in the Midwest.
Most Common Mistakes and Solutions1. Excessive or lack of wateringCannabis plants will only thrive on an effective dry and wet cycle. This means you have to water properly at the right time. So, what's the best way to tell if your cannabis needs watering?
Aurora cannabis, headquartered in Edmonton, Alberta, delivered the largest batch of medical marijuana ever to the rapidly expanding Israeli market. Israel is one of the few meaningful medical marijuana import markets.
Mjbiz has been acquired by emerald x, a wholly-owned subsidiary of emerald holding, a New York based B2B event and media company with $120 million in cash and potential revenue.
Analysts have cut the sales forecasts of the three Canadian marijuana producers by hundreds of millions of dollars in 2022, reflecting the increasingly fierce competition in the industry, the decline in overall prices and the poor implementation of some executive teams.
Antonio Costanzo, CEO of curaleaf international, said in an interview with marijuana business last month that the acquisition of Emmac was an important opportunity for both companies and "laid a foundation for the group's expansion in Europe outside the United States".
With the legalization of marijuana in 17 states such as California, it seems that more and more Chinese grow marijuana in the United States. So, what kind of regulation is marijuana cultivation in the United States? Can you grow marijuana legally?
M & A activities in the marijuana industry are proceeding at an extremely fast speed in 2021 and may accelerate in 2022, thanks to lower interest costs and the pressure of large companies to expand business and increase revenue.