September 22, 2022 Russia’s invasion of Ukraine on February 24th, 2022 spelled further disaster for the industry by disrupting the critical fertilizer supply-chains that sustain cannabis production globally. Together, Ukraine and Russia produce 28% of the NPK fertilizers (nitrogen, phosphorus and potassium) sold on the global market. The resultant sanctions placed on Russia by the United States, have, in effect, cut-off the global market from the largest exporter of fertilizers and soil nutrients. As a result, fertilizer prices have skyrocketed within the United States. Modern Farmer reported that, over the past year, the price of anhydrous ammonia rose 225%, liquid nitrogen rose 192%, and Urea rose 149%.
- German Lawmakers Reach Agreement On Revised Marijuana Legalization Bill, With Final Vote Expected Next Week November 28, 2023
- Germany Hosts Officials From U.S. And Other Countries For Marijuana Forum On Creating International Policy Framework November 27, 2023
- Spain on the brink of a historic change in cannabis regulation with Mónica García at the helm November 27, 2023
- Cannabis on the move in the EU: Malta, Germany, and the Netherlands pt. 2 November 27, 2023