Advanced Nutrients’ Mike Straumietis Reveals Cultivation Gaps
In our latest Friday Trade To Black podcast, one of the true originals from the cannabis industry, “Big” Mike Straumietis from Advanced Nutrients, joins us to talk about his business and the trends happening. We’ll dive into how new technologies and education are needed in the marijuana space, and the importance of developing a new type of cultivator which ultimately impacts MSO’s bottom line. Plus, Dan from The Chart Guys joins us to discuss cannabis stocks and whether it makes sense to invest in them right now at these levels.
Advanced Nutrients is a leading agricultural technology company in the cannabis industry, known for providing cannabis-specific fertilizers, biostimulants, and biologicals. Their products are designed to optimize every phase of plant development, from seed to senescence, helping growers achieve the highest possible yields.
Mike Straumietis shares the evolution of cannabis cultivation, and how Advanced Nutrients has made innovations in advanced cultivation techniques that caught the eyes of investors at MJ Biz to the tune of $15 million. Science based products and groundbreaking genetic advancements are helping Advanced Nutrients stay sharp in a competitive industry. Some of their success stories include yield improvements and a groundbreaking genetic advancement that is creating plants resistant to powdery mildew.
On Capitol Hill, Congress officially extended the 2018 Farm Bill for another year, pushing any potential amendments or new legislation to 2025. The extension maintains the current legal framework, including the controversial loopholes that allow the sale of intoxicating hemp-derived products like delta-8 THC and THCA flower. This decision was expected, but its disappointing for MSOs operating under stricter regulations, not to mention the critics of the intoxicating hemp products. We’ll talk about some of the sensible state approaches, like those in Tennessee.
Looking at market concerns with Dan, Pharmacan defaulted on leases with IIPR, affecting 16.5% of IIPR’s rent base. The psychedelic ETF P-CIL shows low volume but potential due to headlines about RFK Jr.’s advocacy for psychedelic research. And Bitcoin’s weekly consolidation is underway after a 50% rally. We’ll give you the breakdown when you tune in.
