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Cannabis Cultivation Will Be a Race to the Bottom Forbes Form

Cannabis Cultivation Will Be a Race to the Bottom Forbes Form

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in Oregon a warehouse of pot waiting to be sold Oregon grows way more weed than it can consume in California an empty grow room that was meant to house plants now abandoned by its owners you know you gotta you gotta know when you cut your losses it's been more than a decade since Colorado and Washington became the first states to legalize recreational marijuana since then 19 states have followed but along the west coast which dominated the production of high quality marijuana before legalization the market is teetering and everybody from the retail side to the Growers side within cannabis circles we'll talk about a race to the bottom one big problem too much weed Oregon Regulators reported in February that the state was sitting on three million pounds of unused cannabis wonderful experiment Oregon unlike other states had a system of basically unlimited licenses which encouraged a large number of people to get into the cultivation side the oversupply is slashing Revenue

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