Marijuana Compost and Disposal Companies in California
Have you heard of the cannabis disposal companies in California? Thanks to the passage of the Compassionate Use Act in 1996, non-profit collectives have been providing marijuana to Californians for decades. But, that all came to an end when Prop. 64 passed. All non-licensed collectives were forced to close by July 1st of this year and any non-tested, improperly packaged or cannabis containing too high of a THC concentration was supposed to be destroyed. Hence the creation of companies like CWR, SoCal Inc. and Cannabis Waste Solutions, which collects non-compliant weed and destroys it. Under the new commercial sale regulations, it is expected that there will be a continued need for these companies that either turn the cannabis into compost or burn it to generate electricity. This may seem wasteful, but it is now a regulated market and any cannabis not meeting state standards is doomed to the compost pile. Read more about these cannabis waste disposal companies in our article, The Marijuana Disposal Companies of California at TNMNews.com.
Canadian marijuana companies like Canopy Growth Corporation are expanding quickly
Now that Canada has legalized adult-use marijuana nationwide, many of the medical marijuana companies are looking to enter into the adult-use industry as well. Canopy Growth is by far the largest of these companies with a market capitalization of roughly $6 billion dollars. They have increased their indoor grow facility space from 750,000 square feet last year, to now over 2.4 million square feet, with plans to expand to more than 5 million square feet by the end of 2019. This expansion is estimated to give them the ability to produce more than 1.6 million pounds of marijuana each year. That will not be nearly enough to meet all of the demand expected in Canada, not to mention the fact that Canopy has export contracts setup iwith Europe. But other massive cannabis companies in Canada like Aurora and Aphria are also in the process of expanding their cultivating abilities as well. It will be interesting to see how the Canadian cannabis market unfolds.
The politically harsh marijuana battle in Maine
So, if you are unfamiliar with the status of cannabis in Maine, which is supposed to be one of the nine adult-use states in the country, here is a quick history. Voters approved an adult-use market in 2016, ever since then lawmakers have put multiple bills on the desk of Maine’s Governor Paul LePage and he has vetoed all of them. He does not like weed and sides with Jeff Sessions on most issues. He most recently vetoed L.D. 1539, a bill that would expand the state’s medical marijuana program allowing doctors to decide if patients qualify for medical marijuana rather than following a list of qualifying conditions provided by the state. Lawmakers have had enough of LePage’s vetoes though and both Maine’s Senate and House of Representatives voted this week to overturn his decision by a significant margin. The only state that now has as permissive of a medical marijuana program is Oklahoma. For now, Maine voters will have to be happy with this instead having access to a full adult-use market.