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.
Oracle soars as it cashes in on the AI boom, Plus: Starbucks shares continue to fall under its new CEO, and does anybody actually want a new iPhone Air?
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..
Oracle co-founder Larry Ellison wrested the title of the world’s richest man from longtime holder Elon Musk early Wednesday as stock in his software giant rocketed more than a third in a stunning few minutes of trading. That is according to wealth tracker Bloomberg. A college dropout, the 81-year-old Ellison is now worth $393 billion, Bloomberg says, several billion more than Musk, who had been the world’s richest for four years. The switch in the ranking came after a blockbuster earnings report from Oracle. Forbes still has Musk as the richest, however, valuing his private businesses much higher.
