Agriculture
Pot price 'race to the bottom' hurts market: OCS
4 minute read Thursday, Jun. 1, 2023TORONTO - The head of Ontario's cannabis distributor says the "race to the bottom" happening with pot prices risks hurting the market's future.
“Once you condition consumers to certain prices, it may take a generation to change perceptions and price tolerances,” David Lobo, Ontario Cannabis Store president and chief executive, said in a speech at the Lift cannabis conference in Toronto on Thursday.
“In an economy where inflation has impacted every other consumer good, we can't keep pushing lower.”
His remarks come as the cannabis boom that materialized in 2018, when the substance was regulated and money poured into the sector, has since dissipated. Pot companies are taking multimillion-dollar writedowns, laying off staff and rethinking their product mixes as the industry gets a better sense of consumer demand and regulatory hurdles.
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How shading crops with solar panels can improve farming, lower food costs and reduce emissions
6 minute read Preview Thursday, Apr. 27, 2023This article was originally published on The Conversation, an independent and nonprofit source of news, analysis and commentary from academic experts. Disclosure information is available on the original site.
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Author: Joshua M. Pearce, John M. Thompson Chair in Information Technology and Innovation and Professor, Western University
If you have lived in a home with a trampoline in the backyard, you may have observed the unreasonably tall grass growing under it. This is because many crops, including these grasses, actually grow better when protected from the sun, to an extent.
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2 minute read Preview Wednesday, Apr. 26, 2023LOAD MORE