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CBD Health & Wellness Magazine

The recent election in the US brought sweeping changes to
the cannabis industry in just one day. People living in five
states will now enjoy greater access to medical and adult-use
cannabis starting in 2021. The news has sent shockwaves of
joy through advocacy groups, patients, and the industry as a
whole.

Yahoo Finance UK

Britain is set to see the greatest cannabis medical market growth rate in Europe between 2020-2025.
According to a new report, entitled European Cannabis 2020, by international cannabis market research firm Brightfield Group, expectations to allow for domestic cultivation and general practitioners prescribing in the coming years will result in a 2020-2025 compound annual growth rate (CAGR) of 98%.

MARIJUANA VENTURE MAGAZINE:
Michael Sassano took everything he learned from developing real estate and put it into growing plants in the Mojave Desert.

Business Insider
Mike Sassano, the founder of Nevada cultivation brand Solaris Farms, explained that many customers consume marijuana for medical purposes, whether it’s apparent or not.

“That is not to say that there aren’t purely recreational users also, but cannabis is very much a medicinal tool in general,” said Sassano, who’s also chairman of the board for Somai Pharma. “Even most vice users enjoy cannabis to chill out and destress, not to party.”

Greenhouse grower

As the cannabis industry continues its evolution, North America-based growing operations are scaling up across multiple states, and consolidation at the grower level — especially in Canada, where cannabis is already federally legal — remains robust.

Marijuana Business Magazine

Now that the economic situation doesn’t support unbridled growth in the industry, more cannabis companies might consider a phased building approach, said Mike Sassano, founder and CEO of Solaris Farms. The cultivator can build up to 300,000 square feet of grow space on its current land in Las Vegas.

Security Infowatch

The cannabis industry comes with its own set of inherent security risks, especially in vertically integrated grow operations. Risks involved range from the basic physical security of a facility to intangible problems with cybersecurity, compliance, and along the supply chain. Simple physical additions such as full-time security or alarm systems can sort certain issues. However, abstract risks like cybersecurity can be more challenging to guard against. Regardless, minimizing risk can help to save money and headaches and ensure that a business can operate smoothly and efficiently.

Greenhouse grower: “There’s no witchcraft to it or anything like that. It’s just kind of the whole combination of light and having the right genetics,” Solaris Farms owner Mike Sassano explains. “And nutrients are key as well, adding the right nutrients at the right timing, and then making sure you boost your terpene development toward the end of the process right around harvest time.”

Millennial Magazine

Vegas relies on the more than 42 million tourists to maintain its economy, so when COVID-19 (COVID) hit in March, it became one of the hardest-hit cities in the world. Casinos, restaurants, and entertainment venues shuttered, leading to a massive wave of layoffs across the city. In the midst of the pandemic, the cannabis industry caught a break– it was declared an essential business. The local cannabis industry relies on Vegas for more than 70 to 80 percent of sales.