TAILORED SPECTRUM

Category: Industry Buzz

Licensing Delays Cost Time, Money

INDUSTRY BUZZ Delays Impact Marijuana Industry Licensing delays across the U.S. continue to financially impact the marijuana industry, from lost revenue to the entrepreneurial growers to missed tax dollars at the state level. Recent notes for several states, related to these license delays include: Alaska: Applicants for cannabis business licenses […]

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Canada and the Global Marijuana Market?

INDUSTRY BUZZ Will Canada Dominate Global Marijuana Market? As most everyone knows, Canada’s upper house of Parliament approved the revised cannabis bill in a 52-29 vote last month, paving the way for a fully legal cannabis market within six to 10 weeks. As the only developed nation able to legally […]

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May Scoop Cannabis Cultivation – A Growing Carbon Footprint – Industry Buzz

Industry Buzz Cannabis Cultivation – A Growing Carbon Footprint THE FOOTPRINT ISSUE Recent estimates indicate that indoor cannabis cultivation racks up as much as $6 billion each year in energy costs. Looking at this from the individual perspective, one 1000-watt lighting system driven 12 hours per day can rack up […]

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Industry Buzz March 2018 Recreational Marijuana Growth Outpaces Medicinal

INDUSTRY BUZZ Recreational Marijuana Growth Outpacing Medicinal, Expected to Drive Both Hobby and Commercial Markets Legal weed in North America is expected to climb to an amazing $22.6 billion in revenue in 2021. Within this high-growth market, according to Arcview Market Research, recreational cannabis spending is expected to outpace medical […]

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Industry Buzz February 2018 Marijuana Legalization Fuels Black Market

Marijuana Legalization Fuels Black Market Today Today approximately 70.5 million Americans, or only 22% of the US population, live in one of ten states where recreational marijuana is legal. These states are dispersed throughout the US with the majority having neighboring states where recreational marijuana remains illegal. For example, in […]

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Industry Buzz January 2018, Cannabis – Comparing / contrasting Canada and the US

Industry Buzz January 2018 Cannabis comparing contrasting Canada US landscape Cannabis – Comparing / contrasting Canada and the US The cannabis landscape in Canada and the US is rapidly evolving, influenced heavily by changes to national and local legislation, advancements in the medicinal uses of marijuana and the movement from […]

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Industry Buzz December 2017, Ohio Level I Cultivator Provisional Licenses

Industry Buzz December 2017, Ohio Level I Cultivator Provisional Licenses Ohio Level I Cultivator Provisional Licenses – Cause for Celebration Thursday, November 30th was a literal day of celebration as level 1 cultivator provisional licenses were received by twelve Ohio recipients. Sunmaster spoke to two of these groups: “We’re sending […]

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Industry Buzz October 2017, Marijuana cultivator licenses – High cost for market entry

Marijuana cultivator licenses High cost for market entry While regulations and licensing requirements vary from state to state, one message is very clear: buying into the business circumvents most of the low to middle class. As more states adopt the legalization of medicinal marijuana, the amount of money being shelled […]

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