Jun 20, 2018
Are You Looking to Expand Your Business?By Tim Hodson

Next month, GPN will present its first-ever Cannabis Conference. The one-day conference will take place July 14, in Columbus, Ohio.

If you are considering entering the cannabis market, this is your opportunity to learn about many of the different business and production aspects when it comes to growing cannabis.

According to Arcview Media Research, legal cannabis sales in North America are projected to surpass $20 billion in North America over the next three years. Just two years ago, sales were $6.7 billion.

This kind of growth is very inviting for growers looking to expand their business from traditional horticulture or agriculture.

The conference is designed to answer many of the questions you might have about this emerging crop category. We want to provide you with insight and tips from cannabis business and production professionals.

Among the topics that will be covered during the conference are:

  • Cannabis Business Primer: Tax, Accounting, and Legal Issues
  • Cannabis Production Considerations
  • Integrated Pest Management for Cannabis
  • A Real World Solutions panel discussion with hands-on experts who are working in the cannabis industry

The registration fee for GPN’s Cannabis Conference is only $129 — a very economical price if you are contemplating getting into this rapidly evolving market.

Click here to learn more about the conference or if you’d like to register to attend.

— Tim


Depot to Make Big Investment in Supply Chain

Over the next five years, the Home Depot plans to invest more than $1 billion in its supply chain to meet the changing needs of its customers. According to an article in the Wall Street Journal, the company’s goal is to be able to deliver products to 90 percent of the U.S. population in one day or less. Mark Holifield, executive vice president of supply chain and product development, said many of the company’s customers “expect delivery to be free, [and] they expect it to be timely.” But, he adds, there are also times when they want products fast and are willing to pay for them. “We need to have the right options,” he said. To meet these goals, the company will be adding 170 distribution facilities and 100 local hubs across the country.

Walmart’s Holds Open Call for American-Made Products

Last week, Walmart’s headquarters in Arkansas was buzzing with entrepreneurs from 46 states, Puerto Rico and the District of Columbia who came to pitch their U.S.-made products for the company’s fifth annual Open Call. More than 450 businesses participated in one-on-one meetings with buyers for a chance to get their products in Walmart stores. In 2013, Walmart made a commitment to purchase an additional $250 billion by 2023 in products made, sourced or grown in the U.S. The Open Call event underscores the retailer’s commitment as it continues to invest in American jobs by supporting U.S. manufacturing.

Lowe’s Names New Merchandising VP, Announces CFO Will Retire

Earlier this month, Lowe’s announced that CFO Marshall A. Croom plans to retire this October. A 21-year veteran of the company, Croom will continue in his role as chief financial officer until his successor is appointed, and then remain with the company during a transition period until his retirement date. The company also announced that Robert Posthauer has been promoted to senior vice president and general merchandising manager of home décor. Posthauer joined the home improvement retailer in 2017 as vice president for appliances.

Tim Hodson

Tim Hodson is the editorial director of GPN and Big Grower. He can be reached at [email protected]

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P.O. Box 128
Sparta, MI 49345

May 2019 GPN
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