Aurora Cannabis Innovates with Auto-Flowering Technology, Secures Patent

Canadian cannabis company Aurora Cannabis has secured a US patent for its groundbreaking research on auto-flowering technology in cannabis. This innovation could revolutionize cannabis cultivation, particularly in high-latitude regions, by allowing plants to automatically transition to the flowering stage, independent of light cycles. Aurora’s research also focuses on improving potency, yield, and overall efficiency in cannabis production.

Cannabis Industry Poised for Growth as Inflation Cools

With inflation at its lowest level since 2021, the cannabis industry is set to benefit from potential interest rate cuts. Lower borrowing costs, easier access to financing, increased investor interest, opportunities for expansion, and stronger consumer spending are all key factors that could drive growth in the cannabis sector.

InterCure Shows Resilience Despite Challenges in H1 2024

InterCure Ltd. (INCR) has demonstrated resilience in its first half of 2024 performance despite facing significant challenges, including disruptions at its southern Israeli facility. The company exceeded revenue estimates but continues to experience growth limitations due to the ongoing conflict. InterCure is investing heavily in restoring its facility and expects to return to full operational capacity in the coming quarters, aiming for double-digit sales growth in the second half of 2024.

Marijuana Reclassification: A Game Changer for Pre-Roll Businesses

The potential reclassification of marijuana from a Schedule I to a Schedule III drug could significantly impact the pre-roll industry. This article explores the potential benefits of reclassification, including reduced tax burdens, increased access to banking, and opportunities for research and development. It also highlights the importance of preparing for increased competition and strategizing for future success.

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