17-01-2022, 12:10 PM
By MICHAEL R. BLOOD
yesterday
......
The cultivator who operates the grow north of Sacramento holds a coveted state-issued license, permitting the business to produce and sell its plants. But it’s been virtually impossible for the grower to turn a profit in a struggling legal industry where wholesale prices for cannabis buds have plunged as much as 70% from a year ago, taxes approach 50% in some areas and customers find far better deals in the thriving underground marketplace.
So the company has two identities — one legal, the other illicit.
“We basically subsidize our white market with our black market,” said the cultivator
Much much more at: https://apnews.com/article/business-cali...b930d860ad
yesterday
......
The cultivator who operates the grow north of Sacramento holds a coveted state-issued license, permitting the business to produce and sell its plants. But it’s been virtually impossible for the grower to turn a profit in a struggling legal industry where wholesale prices for cannabis buds have plunged as much as 70% from a year ago, taxes approach 50% in some areas and customers find far better deals in the thriving underground marketplace.
So the company has two identities — one legal, the other illicit.
“We basically subsidize our white market with our black market,” said the cultivator
Much much more at: https://apnews.com/article/business-cali...b930d860ad
![[Image: opium-poppy.jpg]](https://www.gardeningknowhow.com/wp-content/uploads/2015/06/opium-poppy.jpg)
![[Image: marijuana-chocolate.jpg]](https://wcp2018.org/wp-content/uploads/2020/01/marijuana-chocolate.jpg)