MedMen's Daniel Yi Explains Marijuana's Seed to Sale Cultivate Process
Medmen is one of the largest cultivators and distributors of cannabis in the state of California. The company has its own grow facility in Los Angeles and Cheddar visited the facility to learn all about cannabis cultivation and the seed to sale aspect of the industry.
Daniel explains that to keep consistency and quality of the cannabis, the plants are cloned from the best ones to ensure quality control. He explains that the mother plants are used to plant and grow baby ones and continue the exact same line of plant.
Once the plants have been planted, they are placed in the flowering room for eight days where conditions are extremely controlled to allow for optimal growth. Finally, the plants are placed under LED lights, sometimes even purple ones, to make the marijuana look visually appealing and create different types of flowers.
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Swedish buy now, pay later company Klarna is making its highly anticipated public debut on the New York Stock Exchange Wednesday, the latest in a run of high-profile initial public offerings this year. The offering priced at $40 Tuesday, above the forecasted range of $35 to $37 a share, valuing the company at more than $15 billion. The valuation easily makes Klarna one of the biggest IPOs so far in 2025, which has been one of the busier years for companies going public. Other popular IPOs so far this year include the design software company Figma and Circle Internet Group, which issues the USDC stablecoin..
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