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| 'Prohibition Has Failed' | ||||
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| Federal Legalization Debated During U.S. Senate Hearing | ||||
| The July 26 hearing was conducted by the Senate Subcommittee on Criminal Justice and Counterterrorism. More >> | ||||
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| Persisting Troubles |
| On Tuesday this week, Cannabis Business Times hosted a webinar on the complicated question of how to navigate the California market. Jocelyn Sheltraw, director of industry relations for Headset, moderated the panel discussion, which built off a feature we ran earlier in the year. Back in late winter 2022, Sheltraw said that the biggest hurdles for California’s licensed cannabis businesses are:
“It’s just a recipe for disaster,” Sheltraw told us. “It’s just created turmoil on the cultivation side.” Even though the state eliminated its cultivation tax this summer, it doesn’t seem like operating a functional cultivation business is getting any easier. On the webinar Tuesday, Sheltraw brought some numbers to the ongoing debate over supply and demand. Is California facing an oversupply? Is the market running out of steam? Not so much: The problem lies more in a bottleneck forming at the point of sale. California has a population of nearly 40 million people, and with 971 retail storefronts (as of May 2022), that is roughly one store for every 40,000 residents. The kicker is that 68% of California municipalities have enacted some sort of cannabis business ban. Swami Chaitanya, of Mendocino County cultivation business Swami Select, pointed out in the webinar that distribution—from northern California cannabis farms to southern California dispensaries, for instance—has been exceptionally difficult to navigate in the past several years. For anyone staring down Croptober this year, that’s trouble. Stay tuned for the on-demand webinar, which you can watch over at cannabisbusinesstimes.com. -Eric Sandy, Digital Editor |
| Tiny Antagonists |
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| Plant Protection in a World of Pests: Q&A With Dr. Raymond Cloyd |
| Cannabis growers must understand the pests that love their plants. More >> |
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| Loosening Laws |
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| European Cannabis Regulators Ease Restrictions in Preparation of EU Green Wave |
| Changing laws and regulations in countries such as Germany, Switzerland and Spain indicate increased cannabis access for consumers and patients. More >> |
| $300 Discount Ends Friday |
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The excitement is ramping up as we head into Cannabis Conference (Aug. 23-25, 2022 | Las Vegas). More than 90 speakers will take the stage and share their wisdom and actionable tips with you in this jam-packed three-day event. Not only will you learn from the owners and CEOs of cultivation, dispensary and extraction businesses, but you’ll also dive deep into the horticultural science and clinical application of cannabis with some of the brightest researchers in the industry. Current rates expire FRIDAY, JULY 29. Do not miss your chance to save $300 on the industry’s leading educational event! |
