Posted on Apr 20, 2023
Uneasy cannabis industry on the West Coast seeks broader trade amid vast glut
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Like All Farmers, Sometimes You "Overproduce", That can be a Problem Too!
Uneasy cannabis industry on the West Coast seeks broader trade amid vast glut
Posted from opb.org
Marijuana
Farming
Agriculture
Posted 1 y ago
Responses: 4
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PO1 William "Chip" Nagel
..."California’s “Apple store of weed,” MedMen, is teetering with millions in unpaid bills, while the Canadian cannabis company Curaleaf has shuttered cultivation operations in California, Oregon and Colorado.
Along the West Coast, producers face what many call the failed economics of legal cannabis. There is vast supply, thanks to great growing conditions and a wealth of expertise, but any surplus remains trapped within each state’s borders due to the federal ban on cannabis. Prices have plunged and producers have struggled."...
..."California’s “Apple store of weed,” MedMen, is teetering with millions in unpaid bills, while the Canadian cannabis company Curaleaf has shuttered cultivation operations in California, Oregon and Colorado.
Along the West Coast, producers face what many call the failed economics of legal cannabis. There is vast supply, thanks to great growing conditions and a wealth of expertise, but any surplus remains trapped within each state’s borders due to the federal ban on cannabis. Prices have plunged and producers have struggled."...
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PO1 William "Chip" Nagel
SGT (Join to see) Amazing what a Fair Market Value will do. If We Wondered what it was like for Alcohol after Prohibition Ended? I Think We're Relearning!
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If all the corn farmers in Iowa could only sell corn in Iowa, they would be in the same boat.
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