Rubicon Organics, a leading organic cannabis producer, has released its 2023 Environmental, Social, and Governance (ESG) Report, highlighting significant progress in reducing its environmental footprint and promoting diversity within the company. The report details impressive reductions in carbon emissions and waste, while demonstrating a commitment to equitable employment practices.
Key players in the hemp industry, including representatives from the Hemp Beverage Alliance, American Healthy Alternatives Association, and the U.S. Hemp Roundtable, called for a united front against increasing restrictions on hemp-derived products. They highlighted the industry’s growth, potential, and concerns over legislation that could stifle its development.
Former NBA star Al Harrington, now a cannabis entrepreneur, is using his platform to advocate for inclusion and generational wealth for communities of color in the burgeoning cannabis industry. He warns against the dangers of corporate interests and Big Pharma encroaching on a plant with deep cultural and medicinal significance, pushing for a future where cannabis remains authentic and accessible for all.
As the cannabis industry expands across the United States, investors are increasingly looking for financially stable, scalable, and compliant businesses. This article explores the key factors influencing investor decisions in a maturing market, including the importance of profitability, regulatory compliance, and the potential for long-term growth.
BakedBot AI is transforming the cannabis industry by using AI to personalize customer experiences, streamline operations, and boost sales. Their AI-powered budtender, Smokey, provides tailored recommendations, while automation tools help dispensaries optimize pricing, inventory, and marketing.
While recreational cannabis markets boom, industry experts like Brandon Harshbarger, president of Cheech and Chong Global Holdings, express concern over the diminishing focus on medical marijuana. Harshbarger emphasizes the importance of medical cannabis in the initial push for legalization and fears that the industry’s focus on recreational use may overshadow its medicinal benefits.
Multi-state cannabis operator Verano Holdings Corp. (VRNO) will unveil its third-quarter financial performance on November 7th, 2024, with a subsequent conference call for investors and analysts. This announcement follows Verano’s recent acquisition of assets from The Cannabist Company Holdings Inc., expanding its presence in Virginia and Arizona. The company also partnered with Mike Tyson’s TYSON 2.0 to bring its products to Florida and Illinois markets.
As the cannabis industry matures, investors are prioritizing companies with proven cash flow generation capabilities. Cheech & Chong Global Holdings President Brandon Harshbarger explains the shift in investor sentiment and how companies are preparing for potential regulatory changes.
Cannatrol, a leader in post-harvest cannabis processing, has partnered with the Cannabis Research Coalition (CRC) to study the impact of vapor pressure stability on cannabis quality. Research findings demonstrate that Cannatrol’s Vaportrol Technology significantly enhances terpene retention and trichome integrity, resulting in a superior final product for both cultivators and consumers.
Green Thumb Industries (GTII), the cannabis company behind RISE Dispensaries, will release its third-quarter financial results on November 7th, 2024. The company also announced a $50 million share repurchase program, highlighting its commitment to shareholder value and strategic growth in the U.S. cannabis market.
