California Is Suffering From A Weed Surplus

July 31, 2017 - Uncategorised
California Is Suffering From A Weed Surplus

It was just last November that Calfiornians voted to legalize recreational use marijuana in the state, and now the newfound economic source has presented a unique problem.

As the industry grows, according to Hezekiah Allen, executive director the California Growers’ Association, the state is suffering a surplus in cannabis growth that could unfortunately lead to more illegal activity as growers try to expand their reach beyond California, a violation federal law.

“We are producing too much,” Allen told the Los Angeles Times, adding that state-licensed growers were “going to have to scale back,” as the industry is currently “on a painful downsizing curve.”

“For right now, our goal is to get folks into the regulated market, as many as possible,” said Lori Ajax, chief the state’s Bureau Medical Cannabis Regulation.

According to Ajax, Allen’s proposal scaling back could quickly become a reality for growers in a state where production is estimated to be somewhere between 5-12 times consumption numbers.

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