-//w3c//dtd html 4.0 transitional//en" "http://www.w3.org/tr/rec-html40/loose.dtd">

Cannabis Business Times Newsletter
Cannabis Business Times
Bearing the Brunt
California Growers Remain Optimistic Amid Encroaching Market Obstacles
It's spring in California. What does the increasingly grim market outlook mean for small growers? More >>
Economic Pressures

"Farms got stuck sitting on product, which hit the bottom line for smaller operators that don’t have the wiggle room of the bigger, well-financed farms," Full Moon Farms owner Nik Erickson says. That's just the start of it.

California cannabis growers are facing "a recipe for disaster" this year, with a spectrum of economic pressures bearing down on the still-fledgling market. According to Jocelyn Sheltraw, Director of Industry Relations for Headset, the biggest hurdles for California’s licensed cannabis businesses are:

- an imbalance between supply and demand,

- wholesale price compression,

- a declining market share for flower,

- high taxes,

- and a still-thriving illicit market.

Sheltraw outlined those concerns in a March interview with Senior Digital Editor Melissa Schiller. And yet similar warning shots were fired by industry observers even in early 2018, shortly after adult-use sales began in California. 

What needs to change? What has changed, if anything, in California's cannabis market? We're interested in stitching together the complicated story of cannabis in California, and we'd like to hear from YOU. Give us a shout on social media this week to let us know what you're dealing with this spring. There's optimism in the air, certainly, but there's plenty of work to do yet.

- Eric Sandy, Digital Editor

Pipp Horticulture - CBT 5/4/22 Pipp 10 Essential Vertical Farming Tools
Inquiries
4 Questions to Ask When Investigating Plant Problems
Patterns, timelines, and more can provide important clues to help diagnose diseases, deficiencies, and damage from pests. More >>
The Latest

New York Cannabis Regulators to Host Educational Workshops for Entrepreneurs Seeking Adult-Use Licenses

Ohio Issues 70 New Medical Cannabis Dispensary Licenses

Oklahoma Governor Signs Legislation to Increase Funding for Medical Cannabis Enforcement, Crack Down on Illegal Sales 

Delaware Governor Indicates Openness to Cannabis Decriminalization, Nothing Further

Santa Barbara County Board of Supervisors Considers Higher Level Permit for Cannabis Cultivation

Nebraskans for Medical Marijuana Sues State to Ease Ballot Requirements 

Vermont Regulators Issue First Adult-Use Cannabis Cultivation License 

Reminger - CBT May 2022 100 Seconds to Midnight?
WATCH: On-Site Consumption Questions
How to Launch a Social Consumption Lounge
Are you interested in launching a cannabis and/or hemp social consumption lounge—but don’t know where to start? Lounge operators from coast to coast share their insights in this webinar. More >>
We're Here to Serve You

Cannabis Conference is three months away. We're excited to see you out in Las Vegas! Check out our list of speakers; we're adding more industry experts to our roster each day.

Follow us on Instagram!

Are you keeping up with our podcast series?

About CBT:
Cannabis Business Times is the most trusted source of actionable intelligence for plant-touching cannabis businesses throughout North America and is producer of the industry-leading Cannabis Conference.