Some believe the testing volume hasn’t matched the sales numbers.

Many operators have alternate day jobs to pay bills and feed their families.

The latest data from Cannabis Benchmarks reported that the national wholesale flower price has hit a historic low. For the week ending September 15, the U.S. Cannabis Spot Index decreased 1.2% to $936 per pound and in grams, the Spot price was $2.06. Cannabis Benchmarks wrote that prices continued to slide with summer sales drawing […]

As the company has grown, it had to adapt to ensure it scaled up effectively.

The company expects to have eight operational greenhouse grows by the end of October.

This story was republished with permission from Crain’s Detroit and written by Dustin Walsh. Cannabis cultivators take great care. Transferring a seedling from its mother plant to new pots. It joins its siblings in a highly-controlled room. Twelve hours of light, 12 hours of darkness. Its vegetative state is critical to its maturation. Temperature, humidity, […]

At the heart of the issue is an escrow fund worth $28.5 million.

The growth mainly stemmed from sustained sales of the company’s extract products.

Still, many growers plan to stick it out.

The company now anticipates its total net sales to fall by approximately 10-11% this year.

The hearing is expected to put pressure on the FDA to act.

The U.S. marijuana wholesale market has apparently reached a bit of stabilization this year, after a precipitous drop in 2022, and has even rebounded somewhat since last year, according to a recent report from Cannabis Benchmarks. For the week that ended July 14, wholesale prices decreased by 3.1% to $1,020, according to the report, but […]