Medmen Uses The Latest Technology in Cannabis Cultivation
Medmen is on the forefront of cannabis cultivation and uses all the latest technology to ensure the marijuana plans are up to the highest standard. Alyssa Julya Smith visits a LA grow facility where MedMen's VP of Corporate Communications Daniel Yi explains how the process works.
Yi explains that marijuana cultivations is much like other urban farms, using sterilized and controlled environments to ensure successful growth. He explains that LED lighting is key to urban cannabis farms and all the different variables, including light, temperature and water can be controlled through computers.
Yi explains that plants like light, not heat, so LED bulbs are perfect to ensure optimal growing conditions. The marijuana plants at MedMen are also pesticide free and everyone has to wear special outfits to ensure nothing from the outside world contaminate the plants.
Ahead of the release of October's consumer inflation data Tuesday, you may notice changes from the Bureau of Labor Statistics. When it comes to how it estimates health insurance costs, the move is expected to give a boost to the U.S. inflation measure which will reverse a trend that has provided some relief.
A handful of retailers will report earnings this week, including Home Depot, Target, Walmart and Macy's, as gas prices peaked in September to the end of this latest quarter while borrowing costs remain at their highest levels in decades.