Canada is the first G-7 nation to fully legalize cannabis. Hear how The Great White North is having a profound impact on cannabis reform around the world. Where in the world will legal rec be next?
Listen and learn:
- Is legal rec in Canada rubbing off on other countries?
- Why more Americans support cannabis reform
- What investments are down now that backing cannabis is up?
The Cannabis Catch-Up is sponsored by Boveda, the leader in two-way humidity control for buds. Subscribe to the Boveda Cannabis YouTube Channel. Or listen to Lance Lambert’s insights live every Monday at 4:20 pm EST on The Todd Shapiro Show (SiriusXM Channel 168).
TAKE AWAYS FROM THIS EPISODE:
Why trade shows like MJBizCon reflect how massive the global cannabis industry is (4:03)
How cannabis supply chain processes are becoming more efficient and profitable (5:00)
How organizations such as the American Trade Association for Cannabis and Hemp help enact cannabis reform (8:14)
When will other Commonwealth countries legalize flower? (8:43)
Why Australia will be a big medicinal cannabis market (8:48)
Why cannabis sales in Quebec, which has a deep connection to France, could have a global impact (8:51)
How support of cannabis legalization is becoming less partisan (9:56)
What commodities are driving investment in cannabis? (10:15)
Curing and storing flower with Boveda achieves consistency in finished flower, ends evaporation and increases profitability.
HOW VERTICALLY INTEGRATED CANNABIS COMPANIES INCREASE EFFICIENCY (AND PROFITABILITY) WITH BOVEDA
Bigger demand means bigger yields. Large-scale cultivators must carefully control temperature, relative humidity level and light exposure in large scale harvests.
Careful control means establishing Standard Operating Procedures (SOPs) for employees processing cannabis. SOPs translate to safe, consistent product.
Water activity is a factor at every level of cannabis production and sale. Without proper humidity control, water in buds naturally evaporates over time. At a fairly constant rate, growers, processors, manufacturers, distributors and retailers are losing profit into thin air.
Retaining valuable flower weight is a huge financial opportunity for cannabis companies. And keeping flower fresh preserves its potency, which leads to happy, repeat customers.
PLUG IN YOUR NUMBERS TO FIND OUT HOW MUCH CANNABIS PROFIT YOU LOSE TO EVAPORATION
Boveda Humidity Control ROI Calculator
