CEA Industries Inc. (CEAD)

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In this week's news;

On the policy front, seven Michigan cities voted for strong restrictions to their adult use cannabis programs, while the Massachusetts Cannabis Control Commission (CCC) released regulations that will allow for streamlined reporting for cannabis cultivators. The new reporting requirements include a benchmarking feature that will also enable Commonwealth cultivators to measure and compare their energy and water efficiency performance to other operations, thus becoming empowered to drive down costs.

"Massachusetts’ regulations were designed to make cannabis cultivators more efficient, which will help them become more competitive,” said Derek Smith, Executive Director of Resource Innovation Institute. “Massachusetts’ leadership is paving the way for other states, such as Illinois and California, that are also working on state-specific cultivation energy policies.”