Brian Littlefield

🚨 Restructuring News from Cannabist Co. Holdings 🚨 On June 17, Cannabist Co. Holdings announced a strategic decision to divest its entire Florida portfolio, including three cultivation and manufacturing facilities, 14 dispensaries, and its vertically integrated license, ahead of the state's adult-use ballot measure this November. This move follows a reported $4.8 million net loss from Florida operations in Q1 2024 and is part of a broader restructuring initiative expected to save $10 million annually. CEO David Hart emphasized a shift towards markets with higher growth potential while eliminating underperforming assets. This decisive action aims to position Cannabist Co. for long-term profitability and sustainable growth. #CannabisIndustry #BusinessRestructuring #CannabistCo #FloridaCannabis #Leadership Per Aagaard Jacobsen Tripp Murray Jim Hourigan Shaan Kapoor Eduardo Provencio Laurie Parfitt https://lnkd.in/eVZ9YqaB

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 🌱 Plant-Based Surge Continues! 🌱 A new report from the Plant Based Foods Association (PBFA) and the retail merchant Kroger highlights a significant trend that we all support: plant-based food sales are on the rise for the fourth consecutive year! The report insights show plant-based alternatives making their way into more baskets, with shoppers seeking nutritious, eco-friendly choices that fit their budgets. As the demand for these products increases, brands and retailers have an incredible opportunity to innovate and meet evolving consumer needs. Fava ingredients can make a real impact in plant-based products foods that consumers want for great taste and texture! What do you think is driving this shift? Are we looking at a long-term change in eating habits? #PlantBased #SustainableFood #FoodIndustry #ConsumerTrends #Innovation #HealthyLiving #SustainableFood #FoodIndustry #ConsumerTrends #Innovation #HealthyLiving #FavaBeans #FavaFlour #FormulatewithFava

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The 🥑 promotion slump continues, but things are looking up with four supply sources... Get the MOST TRUSTED intel on the U.S. Avocado Deal. Contact Keith at 949.456.6459 or email [email protected] #avocados #avocadotoast #fruit #fruitsandvegetables #grocery #supermarketnews #supermercados #supermarkets

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Insights from the Top: Logan Ipsen on Industry Dynamics⠀ Dive into this week's commentary by WLJ President Logan Ipsen, as he provides a critical analysis of Beyond Meat's latest quarterly performance. #WLJ #LogansComments #IndustryInsights #FoodMarket https://loom.ly/5UvnsO4

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Launching canned beverages allows you to tap into a rapidly expanding market, diversify your product offerings, and meet the evolving demands of today's consumers. Here's some wild statistics 😲 - Cannabis canned beverage market is expected to grow to $117B by 2032 - Ready-to-drink Coffee surging towards a projected $64.78 billion by 2032 - Hard Seltzer market, valued at $16.5B in 2023, is expected to more than quadruple by 2033 Beverage production can be daunting, but knowing where to start and how to optimize your procedures is the first step to tap into the explosive growth of canned beverages. If you're considering launching a craft beverage, check out the complete guide to production and packaging here. https://lnkd.in/eRRDG72Z

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THE MEAT MARKET   We're seeing strong and/or rising prices on just about all types of protein; a supply driven environment continues to be the main reason behind today’s wholesale beef, pork, and poultry prices. As the US economy and dollar continue to rock n' roll, meat demand is following suit (although with a strengthening US greenback, US imports may become a tough sell).   It's grilling season and retail ads are playing into the sizzle of upcoming summer. Pork tenders, ribs, and boneless chicken were the head turners on retail pages… but where's the beef?!? Its looking like steep prices are keeping beef out of the retail limelight. As consumers heat up their grills, they're looking for hot meat prices too!   On the beef front, buyers are anxiously awaiting to see what the production peaks out of New Zealand bring, but until then - they'll need to keep chasing the few and far between offerings currently out there today. Overall, however, demand continues to feel sluggish; what would prices look like if demand was hot?!   On the pork side, bellies are the talk of the town. With sizeable price swings, it’s hard to predict any price trend, and it's looking like a rollercoaster ride today. Pork has been popular among consumers, but how can we expect price fluctuations of chicken and beef to affect pork's popularity?   Partnering with CHISHOLM means that you get a Team of industry experts to help you navigate these uncertain waters to find the best strategies to keep moving your business forward. Contact us today: www.rachisholm.com   #importexport #meatindustry #meat #beef #pork #poultry #dairyindustry #dairy #foodbusiness #commoditytrading #commodity #RonaldAChisholm #supplychain #WeAreChisholm #business #growth #TheMeatMarket #strategy #planning

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📣We're going to have to be embracing "less is more," whether we like it or now. And it's a good thing vegan and vegetarianism is on the rise... The U.S. is experiencing its lowest cattle inventory since 1951, with a notable decrease to 87.2 million cattle as of early 2024. Why you ask? Severe drought conditions and high costs of supplies, which have forced farmers to sell off their cattle, including female cattle critical for breeding. 🥩The decrease in cattle numbers means fewer animals available for processing = 👩‍🍳Chefs - Now is the time to focus on mushrooms, grains and vegetables. #restaurantsupply #restaurants #restaurantowner https://lnkd.in/e8SzNncG

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We’re putting an end to on-screen whiplash and meeting sales teams wherever their prospecting efforts take them. How? With our new Google Chrome extension! Learn more here: https://hubs.la/Q02V14QC0 #cannabisbusiness #B2Bcannabisdata #cannabissales #chromeextension #cannabisindustry

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The Long Island Cannabis Club, a new cannabis dispensary located at 94 East Industry Court in Deer Park, is set to host its grand opening on December 6, 2024. Spanning 4,200 square feet, the dispensary is owned by a diverse group of five entrepreneurs with backgrounds in consulting, alternative medicine, engineering, and retail management. This eclectic team offers over 500 cannabis products, including flowers, edibles, vapes, and accessories tailored to various dietary needs such as gluten-free and vegan options. The dispensary also plans to add delivery services soon. The opening of the Long Island Cannabis Club marks another milestone in the region's cannabis industry, which has seen slow but steady growth. Overcoming obstacles such as local regulations, permitting challenges, and landlord disputes, the dispensary reflects the determination of its owners to capitalize on the expanding cannabis market. Its launch aligns with other significant developments in the area, including the opening of additional dispensaries such as Strain Stars in Riverhead and Beleaf in Calverton. The cannabis industry on Long Island continues to evolve, with these new openings contributing to increased accessibility for consumers. The dispensaries aim to cater to a broad audience, from novice users to experienced enthusiasts, offering a wide range of high-quality, safe products. These efforts are part of a larger trend to normalize cannabis use and integrate it into local economies. As the industry grows, Long Island dispensaries are positioning themselves to become key players in a competitive market. Their focus on quality, innovation, and consumer education reflects the broader goals of the cannabis sector to meet both regulatory standards and community needs. https://lnkd.in/g3P9jPcn

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Check out this great summary of what we served up at Institute of Food Technologists (IFT) FIRST this week in Prepared Foods Magazine. #SugarReduction #FunctionalBeverage #Food #Beverage #TasteBlazers #IFT2024 #Health #Wellness #ProductDevelopment

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If you’re serious about #cannabis #cultivation, you need to check out the latest episode of "Inside Cultivation." No fluff, just hard-hitting insights that can take your grow right to the unparalleled level! In these episodes, we’re tackling: The cold hard facts about #nutrient #solutions that actually work—no more guesswork! How the latest tech is changing the game for growers everywhere. Proven tactics to boost your yield and potency—because anything less is just unacceptable. This isn’t a casual listen; it’s your roadmap to dominating the #cannabis #industry. If you want to be at the top of your game, you need to absorb this knowledge and apply it. Let’s get real and start cultivating success like we mean it! #CannabisCultivation #AdvancedNutrients #InsideCultivation #GrowHard Link: https://lnkd.in/gHDAmKMt

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Did you know that craft breweries generate enough leftover grain (commonly called "spent grain") to feed the world? According to https://ow.ly/MpWL50PcvsG, in 2021 208 million barrels of beer were produced in the U.S. Each barrel is 31 gallons, and each gallon of beer produces between 1 - 2 pounds of spent grain which averages out to be 9.6 billion pounds of spent grain produced in the U.S alone. What happens with the leftover grain? Typically, it gets hauled off to a landfill or by farmers to be used as animal feed, but as the brewing industry grows, more spent grain is being produced than the farmers can use. Since spent grain contains proteins that are rich in lipids and fiber it has a lot of nutritional value and letting it go to waste seems, well, wasteful. Instead of letting spent grain go to waste, it can be upcycled into nutritious, shelf-stable ingredients for both human and animal consumption. As you can imagine from the amount of spent grain produced by U.S. breweries alone, there's enough produced globally to be upcycled and feed the world. 🌍🌾🍺 #foodupcycling #spentgrain #upcycling #climatechange #upcycledfood #sustainablefood #sustainablefoodsystems #healthyplanet #circularfoodeconomy

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