The Bengal Bite 🐯 | September Digest 2020
This Month's Newsletters and Most Read Articles:
"Canna"nomics | September 4 Crain's Chicago Business | Bigger isn't always better for cannabis companies trying to survive pandemic: “Specialized operations and a narrow geographic footprint are buoying marijuana providers... Companies with a tighter focus have proven more resilient, such as Chicago-based Green Thumb Industries Inc., up 51% this year.”
Partners in the News | September 11 New Cannabis Ventures | Privately held cannabis operator Holistic Industries shifts into rapid growth mode: Coming from a liquor-distribution background, Josh Genderson has transitioned well into the cannabis world as evidenced by his execution as CEO of Holistic Industries. Holistic exited 2019 at roughly $100 million run-rate, has seen 28 percent growth quarter-over-quarter for the past five quarters, and expects higher growth in coming quarters.
Cannabis Momentum | September 18 Forbes | The legal cannabis industry is creating a new workforce amidst the pandemic: Cannabis remains one of the fastest growing industries in the United States with employment predicted to reach 300,000 by the end of 2020 (making cannabis as large as the beverage industry). At a time when some industries are struggling to stay afloat, the cannabis industry continues to hire.
Interesting Cannabis Products | September 25 LA Weekly | Michelin stars to cannabis: The worlds of cannabis and fine dining collide at Sonoma Hills Farm. Famed French Laundry farm chef Aaron Keefer left the Michelin star restaurant back in 2018 and joined the Farm as head of cultivation and operations. “Would you rather have your plant grown beside a freeway under lights inside, or would you like it outdoors in one of the most beautiful temperate parts of the country with not a single pesticide around, just farmland and ocean air?”