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Automating The Future Of Cannabis: How One Enterprise Wants To Lead The Charge Towards Large Scale Manufacturing
Previously Published On Benzinga A new operation in Commerce, California is quickly becoming one of the world’s largest next-generation cannabis production facilities. The 170,000 square-foot facility is owned and operated by the 4Front Ventures Corp. (OTCQX: FFNTF), a national, vertically-integrated multistate operator with seed-to-sale operations in strategic medical and adult-use cannabis markets, including Illinois, Massachusetts, Michigan, Washington and now, California. Established in 2011, 4Front Ventures has built a reputation in the industry for setting high standards in low-cost cultivation and applying traditional production methodologies to a less-than-traditional business sector. To date, the company has successfully brought more than 20 different cannabis brands and nearly 1,800 unique products to market. As the cannabis industry is…
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Unity Rd., 100% Locally-Owned and Operated Dispensary Franchise, Strategically Positions Item 9 Labs Corp. for National Scale
Previously Published to Benzinga: The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. In March 2021, Item 9 Labs Corp. (OTCMKTS: INLB) entered a unique position to capitalize on opportunities in a rapidly evolving U.S. regulatory environment. The company combined its Item 9 Labs’ premium, award-winning products with the Unity Rd. dispensary franchise through the acquisition of OCG, Inc. Since then, Item 9 Labs Corp. has been making waves throughout the cannabis industry, achieving profitability for its 2nd quarter fiscal year 2021 and boasting now 7 consecutive quarters of revenue growth with its recent Q3 2021 earnings report. Led by a veteran-driven support team,…
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Cannabis Investors Should Know the Difference Between Marijuana and Hemp
Previously Published to Benzinga: The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. Canada, France and China are the leading manufacturers of industrial cannabis in the U.S. today. Yet our nation has seen a dramatic increase in hemp farming across the entire continent. Research and Markets estimates that the global industrial hemp market will reach $17.4 billion by 2027, up from $5.6 billion in 2020. A Short History of Hemp As a people, we have been using hemp for more than 10,000 years. There were traces of it found in Asia as early as 8000 B.C. The forefathers…
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