In the days of the Armada, a fleet of warships, the scuttlebutt was the rumor or gossip that would spread throughout the ship. Today, Armada Law Corp presents The Scuttlebutt, a daily summery of news articles that people within the cannabis, hemp and plant medicine industries are chatting about along with links to the full articles.
In today's news:
#cannabisindustry - "Next year, when consumers in Florida pick up a soda, chips or a candy bar when they load up for gas at Circle K gas station stores, they'll be able to add another new item – licensed medical weed.
Circle K, a Canadian convenience store and gas station operator, is teaming up with a leading cannabis packaged goods company, Green Thumb Industries, to sell marijuana at a limited number of locations in 2023.
The rollout of the pilot with begin with 10 locations where Green Thumb will set up its RISE Express dispensaries adjacent to the Circle K convenience stores. Circle K has 600 locations in the state.
Customers can buy a number of cannabis products, including flower (smokable cannabis buds), pre-rolls, gummies and vapes at the dispensaries."
#californiacannabis - "For the first time ever, the Nevada County Department of Agriculture prepared and presented a Cannabis Supplemental Report and has estimated that the legally produced commercial cannabis crop is valued at $12.4 million, roughly half the intake of the county's traditional ag products....
In 2020, there were 57 cannabis cultivation permits authorized with a total canopy size of 9.13 acres and an estimated value of $11,992,300.
In 2021, cannabis permits tallied 112, while overall canopy size came in at 18.74 acres....
While these numbers nearly doubled from 2020 to 2021, the overall valuation of the crop stayed relatively the same at $12,401,600....
“Initially the number of permits double but yet the value was pretty small or incremental. I think cannabis is kind of at a crossroads. Other counties have hundreds of acres of cannabis,” de Nijs said, citing counties like Santa Barbara and Monterey with over 200 acres of legal cannabis."
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