January 40 TABLEOFCONTENTS Marijuana Business Magazine January 2021 * Volume 8 * Issue 1 NEW YEAR, NEW OPPORTUNITIES Amid continuing challenges, the cannabis industry enters 2021 with fresh markets and greater possibilities. L58 ANDING A BUYER Executives who have closed M&A deals reveal what makes them commit to a purchase. C64 ONTROLLED SUNSET Greenhouse and outdoor growers can use light deprivation to control harvest and improve quality. 8 From the Editor 10 Q&A with John Mackey 12 Hemp Notebook 14 Trends & Hot Topics 16 Company News 24 Industry Developments 38 By the Numbers 68 $12.95 Industry Players 73 Insights for cannabis executives, investors & entrepreneurs VOL 8 * ISSUE 1 * January 2021 New Year, New Opportunities Amid continuing challenges, the cannabis industry enters 2021 with fresh markets and greater possibilities + Using Light Deprivation to Your Advantage Finding the Right Business Buyer On Our Cover Jacqueline Bennett, a partner with investment firm Highlands Venture Partners, stands outside the New York Stock Exchange. Photo by Porter Binks Our Advertisers 74 Question of the Month Fotmer Life Sciences employs light-deprivation techniques to increase its number of harvests. Learn more on page 64. Courtesy Photo 4 Marijuana Business Magazine | January 2021 DEPARTMENTS FEATURES