California has too much pot, and growers won't be able to export the surplus [View all]
A leader of California’s marijuana industry warned Wednesday that the state’s cannabis growers produce eight times the pot that is consumed in the state so some will face “painful” pressure to reduce crops under new state regulations that will ban exports after Jan. 1.
Some marijuana growers will stay in the black market and continue to illegally send cannabis to other states, which is also not allowed under federal law, said Hezekiah Allen, executive director of the California Growers’ Assn.
“We are producing too much,” Allen said, adding state-licensed growers “are going to have to scale back. We are on a painful downsizing curve.”
He said some marijuana growers may stop, while others just won't apply for state permits.
Read more: http://www.dailypress.com/news/nationworld/dp-california-has-too-much-marijuana-20170727-story.html
lower the prices, I will buy more!!!
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