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Cynthia Salarizadeh, Author at Hemp Market Report

Cynthia SalarizadehCynthia SalarizadehDecember 10, 2019
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4min00

Florida authorized hemp research in 2017. In 2019, Gov. Ron DeSantis signed a bill to move ahead with commercial hemp production. This was a big step in the right direction for a generally conservative state.

The hemp-derived CBD market is booming, predicted to increase by 700 percent to a $23.7 billion market by 2023, according to the Brightfield Group. So, it is not all that surprising that the government is allowing a hemp industry to develop while remaining pretty restrictive concerning recreational cannabis initiatives within the state.

As quoted in the Sun Sentinal, Agriculture Commissioner Nikki Fried said that she predicted a “tremendous marketplace for Florida — $20 billion to $30 billion,” bringing new life to Florida farming.

Considering the profit potential for the state of Florida when evaluating the overall value of hemp as an agricultural commodity, it becomes clear that like other conservative states across the country, hemp has been selected as an economic driver to help revive farming.

In addition to the clear financial and taxation possibilities, Fried, and many others in the states, feel that hemp is needed in Florida to help farmers harmed by hurricanes and diseases that have affected the state’s largest commodity: citrus.

For farmers and government alike, Fried states that she has not “seen this type of excitement in agriculture in decades.”

Watching new infrastructures develop is one of the most exciting features to the explosion of growth following the Farm Bill.

One of these developments is the announcement by American Hemp Processing (AHP) that the design of their mobile hemp extraction unit is completed. “This is a key step in our production expansion plans that will be completed 1stquarter 2020.  At that time, we will be increasing our capacity to over 400,000lbs per month. And the exciting part is we will be able to do this remotely on the farms.”  According to Shick Park, Co-Founder and Chief Operating Officer.

These units bring significant benefits to the farmer, including cost efficiencies, reducing transportation risks, contamination, and degradation. They also increase transparency between AHP and the farmer, something that is critical to the success of their partnerships.

“This caps off a 12 month design process by our engineers and now we go to the assembly phase.  These units will take approximately 40 days each to build, and we plan to initially build 3.” Says Co-Founder and CEO Tom Richardson.  “This has been a very rewarding journey for us, from meeting farmers all over the country, to government legislators, to fine tuning the extraction process, to meeting other processors and sharing ideas, we feel very confident about the Cannabinoid Sector business.

Florida operators are gearing up to play a large part in the next big agricultural commodity. 2020 will indeed bring a rush of activity for the hemp industry in the sunshine state. Hemp derived CBD extract and products will be a major trend to keep an eye on out of that state for the coming years.


Cynthia SalarizadehCynthia SalarizadehOctober 22, 2018
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8min00
LAFAYETTE, Colo., Oct. 22, 2018 /AxisWire/ urban-gro, Inc, a leading systems integrator and agriculture technology firm serving commercial cultivators around the world, will be presenting its new Soleil Environmental Control systems, powered by TGC, at the 2018 California Cannabis Business Conference in Anaheim on October 22-23. The systems, the Soleil Spark and Soleil Ray, are the newest additions to the Company’s Soleil Sense + Control technology line—one of the most advanced cultivation systems available today.
These plug-and-play systems are ideal for California cultivators with facilities up to 10,000 sq. ft. Offering complete control for grows, the Soleil proprietary control system doesn’t require complicated programming—users simply use the intuitive touchscreen interface to control nutrient and water delivery, capture environmental data, and control facility lighting. The skid-mounted Spark and Ray batch systems fit through a standard 60″ doorway for easy setup and can feed up to 4 and 10 nutrient zones, respectively.
Accessible from anywhere, the Soleil Sense + Control systems improve crop quality, consistency, and operational efficiencies by using high-density wireless sensor networks to deliver actionable, data-driven microclimate intelligence.
“urban-gro’s Soleil Sense + Control technology systems help cultivators of all sizes maximize crop quality and yield while reducing operational costs. With the expansion of our Soleil line to include the Soleil Spark and Ray, we are able to effectively deliver the same technology used in large-scale cultivations to smaller and mid-size grows around the world,” said Brad Nattrass, CEO and Co-Founder at urban-gro. “All eyes are on California as an adult-use state and national leader in cultivation. We have a sustained commitment to servicing the cultivation community, providing best-in-market products and services to this thriving marketplace.”
urban-gro experts will be on hand at Booth #211 for a demo of the Soleil Spark system and to answer questions regarding Soleil technology and urban-gro’s systems integration solutions.
ABOUT URBAN-GRO
urban-gro is a leading systems integrator and agriculture technology firm focused on serving commercial cultivators around the world. The company’s ag tech division, Soleil Technologies, delivers data-driven micro climate intelligence using high-density sense and control technology to improve crop quality, consistency, and operational efficiencies. urban-gro helps cultivators achieve sustainable scalability via innovative solutions that drive down costs, increase economic yield and reduce environmental impact.  By combining its design and integration services, industry-leading suite of cultivation equipment and crop management products, and proprietary technology solutions, urban-gro provides integrated solutions for today’s commercial cannabis cultivators to efficiently manage and optimize their cultivation operations.  urban-gro is recognized as one of the cannabis industry’s fastest growing systems integration and agricultural technology companies. Visit www.urban-gro.com and soleiltech.ag to learn more. Follow us on InstagramFacebookTwitter and LinkedIn.
Safe Harbor Statement
This press release may contain forward looking statements which are based on current expectations, forecasts, and assumptions that involve risks and uncertainties that could cause actual outcomes and results to differ materially from those anticipated or expected, including statements related to the amount and timing of expected revenues and any payment of dividends related to our financial performance, expected income, distributions, and future growth for upcoming quarterly and annual periods. These risks and uncertainties are further defined in filings and reports by us with the U.S. Securities and Exchange Commission (SEC).  Actual results and the timing of certain events could differ materially from those projected in or contemplated by the forward-looking statements due to a number of factors detailed from time to time in our filings with the Securities and Exchange Commission. Among other matters, we not be able to sustain growth or achieve profitability based upon many factors including, but not limited to, general market conditions. Reference is hereby made to cautionary statements set forth in our most recent SEC filings. We have incurred and will continue to incur significant expenses in our expansion of our existing and new service lines, noting there is no assurance that we will generate enough revenues to offset those costs in both the near and long term.  Additional service offerings may expose us to additional legal and regulatory costs and unknown exposure(s) based upon the various geopolitical locations where we will be providing services, the impact of which cannot be predicted at this time.
Press Contacts:
Annie Graf / McKenna Miller
KCSA Strategic Communications
agraf@kcsa.com / mmiller@kcsa.com
786-390-2644 / 347-487-6197

Cynthia SalarizadehCynthia SalarizadehOctober 10, 2017
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5min00

The Great Debate over Indoor vs. Outdoor Cultivation

Like the debate between New York versus Chicago pizza, or who were the best baseball teams in history (the 1927 New York Yankees, the1976 Cincinnati Reds, or the 1907 Chicago Cubs), the debate over the benefits of growing cannabis indoors and outdoors is a pointed and light-hearted debate that involves cannabis aficionados, as well as hard-nosed growers.

While this is an honest debate that involves the entire industry, there are pros and cons for each growing method that are still evolving as the industry continues to expand exponentially, as federal and state laws evolve to allow more cultivation of the nation’s most valuable crop. It is clear there is a big difference in growing methods and in the quality of the end products, with each side advancing strong arguments.

So for the sake of argument, here are some reasons why sungrown and rain grown cannabis grown au natural and used in an environmentally sustainable program present some distinct benefits over product grown in a greenhouse or indoor environment:

1.) The outdoor process uses less electricity. This means less dependence on carbon emitting fossil fuels, such as oil and gas. Strictly adhering to “rain-grown and sun-grown” farming practices where all plants are grown outdoors exposed to natural sunlight and moisture, supplemented by the prudent use of captured rainwater. Using these methods saves electricity and does not drain the area’s precious streams and lakes. The cannabis industry uses 1% of the nation’s electricity and over 70 gallons of oil are needed to provide energy to grow just one cannabis plant, according to one study.

2.) The outdoor growing process relies on more ecological soil practices, such as cover cropping that also sequester more carbon. Relying on the human touch. Humboldt’s Finest and FlowKana grow and process plants largely without the use of any machines. All Humboldt’s Finest products are packaged by hand in small batches to ensure quality control. Strict sanitation and safety procedures are rigidly followed, so the operation resembles the same that would be found in any raw food handling facility.

3.) It is possible to grow large crops outside without pesticides and chemicals. Bugs are a common problem in any farming environment, but some sustainable operations do not use any chemicals. Instead, it relies on natural insect predators, such as ladybugs, to contain natural pests.

4.) The process makes heavy use of composted agricultural byproducts. This keeps carbon in the soil and on the farm property.

5.) As farmers continue to expand their operations to meet demand, unless they are growing in a true sustainable fashion, they require significant water and soil management resources. This brings with a large amount of big polluting diesel trucks that cover the roads around the Emerald Triangle to transport all of the necessary water and soil needs for cultivation. Therefore, sustainable sun grown techniques rely on better water management and soil maintenance with ecologically friendly practices and reduce all required trucking.

Some of the most well-known sustainable sun grown farmers and brands that we would like to recognize at this time include:

Humboldt’s Finest

Flow Kana

True Humboldt

Odyssey Cannabis

Some Sun Grown organizations worth recognition include:

International Cannabis Farmers Association

Humboldt Sun Growers Guild

Oregon SunGrowers Guild


Cynthia SalarizadehCynthia SalarizadehOctober 2, 2017
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2min00

Toronto-based cannabis media and tech company, Herb, lands $4.1 million funding with the help of Lerer Hippeau Ventures. Additional funding support was received by Slow Ventures, Liquid 2 Ventures, and Shopify’s CEO Tobi Lutke and COO Harley Finkelstein, to name a few.

Herb is one of the most popular online cannabis news providers with over 200 million video views, nine million Facebook likes and over four million unique website visitors a month. This funding will assist with the development of new digital platform and an app that will launch later this year..

“By 2020 cannabis will be worth $23.1 billion. When I looked at the data and looked at the trends, it seemed there was no better use of my time then to start an impactful business in the cannabis industry. This industry is blowing up,” said Matt Gray, founder and CEO of Herb.

“We have the largest focus group of cannabis consumers in the world,” explained Gray. “Millions use Herb every month, and all that data can be used to help people around the world make smarter decisions around cannabis.”

Herb joins a list of cannabis media platforms and news providers that are landing large sums of VC money to expand in their content and reach. High Times recently sold for $42 million, Civilized secured over a $1 million and Cheddar recently reported securing an additional $32 million.

Seems to be a good time to be in media.


Cynthia SalarizadehCynthia SalarizadehSeptember 26, 2017
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5min00

As of Monday, September 25, 2017 the merger between Canadian-based GEA Technologies Ltd. and DropLeaf, the parent company for Julian Marley’s cannabis company JujuRoyal was completed. Under the symbol “JUJU”, the stock began trading on the Canadian Securities Exchange.

Immediately prior to and in connection with the Closing, the Company issued an aggregate of 11,902,439 Common Shares at a price of $0.05 per Common Share to raise gross proceeds of $595,122. The subscribers included a director of GEA who subscribed for 3,600,000 Common Shares. The shares will be subject to a four month hold period.

GEA will carry on business as International Cannabrands through its wholly owned Nevada subsidiary, International Cannabrands Ltd.  The Company will propose a formal name change to its shareholders at its next annual meeting to adopt the name of “International Cannabrands.”  Concurrently with the CSE listing, the Common Shares will be delisted from the NEX board of the TSX Venture Exchange.

Founder & President of the original DropLeaf and Julian Marley cannabis brands , Travis Belcher, expressed that he and his team were “excited to be part of the Canadian Securities Exchange. It is an honor.” He mentioned that this merger was particularly important because they made a strategic choice to go public in Canada because it “is a world leader for cannabis publicly traded companies.”  

“The elements that attracted GEA to DropLeaf, was the Julian Marley name both as an artist and activist within the cannabis culture a strong presence in the US cannabis market and the successful business history built on mergers and acquisitions with DropLeaf Co-Founder and CEO, Jeffrey Britz,” said Antonio Ruggieri, former President & CEO of GEA.  “We believe that International Cannabrands (GEA)  is in an excellent position to take advantage of the opportunities that have presented themselves. We are extremely happy with the approval of our CSE listing under the symbol “JuJu” and with the completion of the merger”

DropLeaf has the exclusive right to grant licenses for cannabis products under the Julian Marley. JuJuRoyal Ultra Premium Cannabis brand. The brand was created by Julian Marley, who is the son of the late Reggae music great Bob Marley. The son is a Rastafarian and musician like his father. Drop Leaf has raised $1.3 million in private capital since inception.

“This offering brings our ability to expand on a national and international level to an accelerated position in the marketplace,” said Jeffrey Britz, Chairman & CEO of International Cannabrands. “As cannabis is now the fastest growing emerging industry around the world, operational capital is critical at this time to build a portfolio that will see successful growth. Advancement throughout the space through positive collaborations, partnerships and acquisitions will now be the priority.” GEA is a technology company that will now have to dispose of its technology assets, a condition of a successful merger.

In an interview with Travis Belcher, he explained that the new company will be opening dispensaries and Julian Marley branded stores all throughout the United States and around the globe in the coming years. The brand will be present at the Marijuana Business Daily Conference in Las Vegas this November with the intention of expanding their licensing offerings.

Julian Marley and his JuJu Royal brand have been a staple in the cannabis industry and this public offering is yet another example of how far legal cannabis has come in the few short years that it has been somewhat free from the prohibition that restricted its capability.  



About Us

The Hemp Market Report will target news from the fast growing worlds of cannabidiol (CBD) and hemp. As a sister site to the Green Market Report, HMR will cover financial stories, but also take a look at lifestyle news as well. The Hemp Market Report will also publish sponsored content as we seek to expand our content offerings.


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