How Hall Of Flowers Blazed a New Trail in the Cannabis Events Space
With the oldest active cannabis events license in California, and the highest number of licensed events held to date, Hall of Flowers has made weed
With the oldest active cannabis events license in California, and the highest number of licensed events held to date, Hall of Flowers has made weed
There are many reasons why we think that wholesale prices for cannabis will continue trending upward well into 2020. Is this a good thing? Well, that probably depends on who you ask. Growers making more money is a good thing. But what if it comes with higher risk as well? Consumers are already shunning dispensaries due to high retail prices, so those can’t really go higher to make up for the higher wholesale prices, which is cool but it could cut into the margins of the dispensaries. $100 wholesale pounds sound like a surefire way to keep any discerning cannabis consumer far, far away from any regulated outlet. Lower the taxes at all links along the supply chain and lower the costly barriers of entry that currently keep so many legacy operators from entering the industry and maybe, just maybe, Cali can begin to live up to its potential as the largest legal cannabis marketplace on the planet.
Some industry experts believe that because this bill died in its committee for the rest of the year, hundreds of small to medium-sized craft cannabis growers will be put completely out of business over the course of the next 12 months. That’s great news if you are a large-scale commercial boof-wrangler trying to smother the California cannabis industry, but its terrible news for the rest of us.
So here we are.
July 1st has come and gone and a new era has dawned in the California cannabis industry. And don’t get it twisted, it absolutely is an industry and Prop64 and the resulting Bureau of Cannabis Control have ensured that, like in any industry, it is becoming nearly impossible to survive as a small to medium sized entrepreneur.
From piss tests to pistol ownership, your rights as a cannabis user are constantly compromised as long as the plant remains illegal at the federal level. As a parent, the consequences of cannabis use can be especially dire.
The FDA’s Center for Drug Evaluation and Research has approved the legal use of CBD for patients ages 2 and up who suffer from very specific conditions: Dravet Syndrome (DS) and Lennox-Gastaut Syndrome (LGS), two severe forms of childhood-onset epilepsy. With so much public support in the US for cannabis legalization – not just CBD legalization – the time is right for a major overhaul.
The average annual license and application fees for just one small or medium cultivation site is about $35,000. That is a steep enough cost of entry into the legal side of the industry, but how can that grower possibly compete with these massive corporate operations who are gaming the system to the detriment of everyone else?
With pre-packaged 8ths and five generic cannabis categories in lieu of specific strain names, corporate giant Canndescent is banking on big branding budgets beating out nostalgic cannabis culture.
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