Colorado cannabis sales started the year at their lowest January level in eight years, according to new monthly data from the state, following a year that saw total revenue fall below $1.4 billion for the first time since 2016. Total marijuana sales reached $113.6 million in January, down 1.6% from …
Tag: Midwest
Story Cannabis gets second cash infusion from AFC Gamma, this time for Ohio expansion
Privately held multistate operator Story Cannabis received a second cash infusion from Florida-based Advanced Flower Capital (Nasdaq: AFCG), formerly known as AFC Gamma, to the tune of $15 million, which it intends to use to fund more expansion in Ohio. The loan – which was technically awarded to an Ohio-specific …
Marijuana industry advocates pivot to protecting gains made in recent decades
Following roughly two straight decades of political progress for cannabis in the United States – with nary an election cycle seeming to pass without a statewide marijuana ballot measure winning somewhere in the country – activists now must pivot from opening up new markets to maintaining the legal ones already… …
Compressed coco coir supply chain delays cause headaches for cultivators
Coco coir is an extremely popular soilless substrate used by cannabis cultivators the world over and is in massive demand year-round as a top-sold growing media. It’s also prized for its affordability and potential for completely custom nutrient schedules so that growers can tailor their feeding regiments much more precisely …