Cannabis News

Cannara Biotech sells land for $5.5M

Published

5 months ago

August 17, 2025

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Cannara Biotech announced the construction and valley-related land-related plots of land being constructed for the construction of a building.

As a result of the transaction, net income of $ 5.45 million will be applied to reduce the main balance of the CANN loan loan, effectively reducing the company’s long-term debt. There will be no other changes in the conditions of the company’s existing credit facility.

“This transaction reflects the execution of the dizziplin of the long-term strategy of Canna, when it maintains financial flexibility to unlock the value.” He said Zohar Krivorot, president of Cannara and President. “By facilitating our real estate traces, we do not only strengthen our balance sheet in the profitable growth of our axis, sharpening in profitable growth within our cannabis operations.”

“Our debt reducing $ 5.45 million increases the structure of CANNARA’s capital and supports the expansion of the future margin,” Nicholas Soliak is the main financial official in Cannara. “This transaction emphasizes the strategic management of assets and operational efficiency because we continue to promote sustainable profitability.”

For more information:
Cannara Biotech
www.cannara.ca

Related Topics:5.5M Biotech Cannara land sells

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Study finds food waste compost less effective than potting mix alone

Published

28 minutes ago

January 13, 2026

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With an estimated 30-40 percent of the U.S. food supply ending up as waste, according to the U.S. Food and Drug Administration, food science and horticulture experts teamed up to examine whether it could lay the groundwork for growing the next batch of crops.

“It’s capturing food waste that would otherwise go to the landfill and produce greenhouse gases and cause some damage to the environment,” said Matt Bertucci, assistant professor of sustainable fruit and vegetable production in the University of Arkansas Farming System’s Division of Agriculture.

“Rather, we’re using it to create an organic substrate, to create an organic compost, which can then be used to propagate the seedlings,” he said.

Bertucci is part of the horticulture research and extension division of the Division of Agriculture – Arkansas Agricultural Experiment Station and Cooperative Extension Service – and the Dale Bumpers College of Agriculture, Food and Life Sciences at the University of Arkansas.

The study “Assessing Food Waste Compost as a Substrate Amendment for Tomato and Watermelon Seedlings” was published in HortTechnology last year.

The researchers grew tomato and watermelon plants in pure food waste substrate, pure peat moss-based commercial potting mix, and mixtures of the two in varying proportions to compare seedling germination, growth, and nutrient uptake. The pure food waste substrate consisted of food scraps from a commercial partner and wood chips from a tree service company.

The study found that food waste compost could be viable as a stand-alone alternative to commercial potting mixes, and could be suitable as part of a substrate mix.

The results showed that mixtures containing less than 50 percent food waste compost produced better plant emergence and growth and had better biomass accumulation than pure food waste, a key indicator of plant health and yield potential.

Still, Bertucci stressed the value of composting food waste, saying it prevents waste from going to landfill and provides a useful byproduct.

“Compost is the sweet spot of sustainability,” he said.

Source: University of Arkansas System

Cannabis News

3 In 5 Indiana Residents Support Marijuana Legalization, New Poll Finds As State Lawmakers File Reform Bills

Published

35 minutes ago

January 13, 2026

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As Indiana lawmakers look to reform the state’s marijuana policy in the 2026 session, a new poll finds that nearly three in five residents support legalizing cannabis for medical and recreational use.

Ball State University’s (BSU) Bowen Center’s annual Hoosier Poll asked 600 Native Americans about policy issues ranging from congressional redistricting to marijuana legalization.

It found that 59 percent of residents are in favor of legalizing cannabis, both for purposes and recreational purposes. An additional 25 percent return allowing patients to access medical marijuana, bringing total support for that reform to 84 percent.

“In the last year or two, you’ve seen almost exponential growth in support, and then non-traditional support, and by that I mean employers (and) parents, not your typical college-age kid or high school person,” Andrew Bauman, executive director of The Bowen Center. say Inside the Indiana business.

The poll was released just days after Indiana Rep. Mitch Gore (D) effectively introduced the legislation legalize the possession and cultivation of limited amounts of marijuana. It is one of several reform options that have been tabled in the legislature so far for this year’s session.

Whether lawmakers ultimately take up any of the pending measures remains to be seen, but cannabis reform advocates generally he struggled to get ahead in the conservative legislature in recent years

That said, the state’s GOP governor recently called out President Donald Trump’s move to federally deregulate marijuana. He could add “some fire” to the local push to legalize cannabis in his state. A month later, Trump signed an executive order directing the attorney general to remove cannabis from Schedule I to Schedule III of the Controlled Substances Act (CSA).

So did Gov. Mike Braun (R). Last year he said it was “appropriate” to legalize medical cannabis.

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Meanwhile, a member of the state’s congressional delegation, Sen. Jim Banks (R-IN), opposed statewide reform even as he anticipated Trump’s decision to reorganize in earlier comments.

“President Trump has been honest, when it comes to marijuana, he’s made it very clear that we shouldn’t be sniffing it on the street. You have a lot of states that have legalized it. It’s caused even more crime and problems,” Banks said. “I hope Indiana never becomes a state that legalizes marijuana, by the way.”

The senator admitted, however, that there is likely to be “more dialogue” on the matter.

Braun, for his part, He previously said it is “probably time” to introduce therapeutic cannabis among state patients. The comments came alongside a separate poll showing that nearly 9 in 10 Indiana adults (87 percent) support the legalization of marijuana.

The main Republicans in the Legislature, however, They have openly opposed marijuana reform.

“It’s no secret that I’m not,” Senate President Pro Tem Rodric Bray (R) said at the end of 2024. “I don’t have people coming to me with really compelling medical cases to find out why it’s so beneficial. And any situation I’ve seen, it’s passing medical marijuana, it’s basically passing recreational marijuana.”

House Speaker Todd Huston (R) questioned any medical benefits associated with marijuana, calling the substance a “mental health deterrent.” He and others suggested that lawmakers in favor of reform simply want to increase state revenue.

Some Marijuana reform bills have been introduced for the 2025 session of the Indiana legislatureincluding by Reps. Jim Lucas (R) and Shane Lindauer (R), which would legalize medical marijuana for people with “severe medical conditions determined by a physician.”

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Cannabis News

Sunderstorm expands in California with pre-roll company acquisition

Published

1 day ago

January 12, 2026

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Sunderstorm has acquired California-based pre-roll company Lime. Founded in 2019, Lime has hundreds of licensed dispensaries. Known for its craftsmanship, fast retail speed and affordable prices, Lime has built a strong following in the California cannabis culture and has a strong repeat purchase among everyday consumers.

This transaction marks Sunderstorm’s second purchase after purchasing the vape© Thunderstorm Bounty brand in 2023. With the addition of Lime, Sunderstorm expands into a third product category, strengthening its house of brands and expanding access to the total cannabis market.

Lime will continue to operate as a distinct brand leveraging Sunderstorm’s sophisticated manufacturing, scaled supply chain, rigorous quality systems and data-driven operational discipline, positioning the brand for rapid expansion in the California and state markets.

“With this acquisition, we are strengthening our strategy built to win in 2026,” said Cameron Clarke, Sunderstorm’s founder and CEO. “The next chapter of cannabis will be defined by execution, not hype. We’ve built the infrastructure to scale efficiently, and the growth potential with Lime is significant. We’ll continue to look for additional opportunities.”