There’s something unusual in the air at Northern California’s cannabis farms: optimism.
For years, California’s legal pot farms have been devastated by the one-two punch of crashing wholesale prices and extremely expensive regulatory requirements. That’s caused hundreds of farms to go out of business, but this year’s fall harvest has brought a new sense of hopefulness.
Farms in Northern California’s Emerald Triangle, which was once home to a thriving cannabis farming economy, have sold out of pot this fall after years of struggling to sell their weed. The wholesale price of cannabis, which largely determines if farms can live or die, appears to have stabilized in California. And small farms are finding new, creative ways to stay in business.
– Read the entire article at Lester Black, SFGATE.