In California, the world’s largest legal weed market is going up in smoke

  • 📰 TheEconomist
  • ⏱ Reading Time:
  • 43 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 92%

الإمارات العربية المتحدة أخبار أخبار

الإمارات العربية المتحدة أحدث الأخبار,الإمارات العربية المتحدة عناوين

The state is now the largest legal weed market in the world, raking in $5.2bn in sales in 2021

Save time by listening to our audio articles as you multitaskHumboldt, Mendocino and Trinity counties make up the “Emerald Triangle”, an area roughly the size of Massachusetts famous for growing weed. Locals say the dense forests act as a “redwood curtain”, affording farmers seclusion when cannabis was still illegal. For decades cannabis farmers were seeing green. Johnny Casali, a small farmer in Humboldt County, says he remembers selling some of his crop for $5,800 a pound in 1990.

However, many cannabis businesses in California are floundering. Supply surged as more growers entered the legal market. In 2017Economics, a consultancy, estimated that California consumes 2.5m pounds of the 13.5m-15.6m pounds of weed produced there each year. Farmers and shop owners complain that onerous taxes and rules make running a profitable legal weed business nearly impossible.

One way to try to stamp out the illegal market, including the organised-crime groups which have set up shop in the Emerald Triangle, is to ramp up enforcement. But that is not popular among officials who want to make up for the trauma inflicted during the war on drugs. In the 1980s, “it was like the military coming in,” says William Honsal, Humboldt County’s sheriff. “A lot of the old farmers still havebased upon the helicopters flying low.

 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.

🤭

Republicans in Ohio cut a deal to keep legal weed off the ballot this fall bc they are afraid it will bring more democrats to the polls

That's Great! 🥳🤡🥳

They treat their trimmers like shit and black market still paying $100 or more too trim a lb

Weed is so true. End the drug war.

What next. Coke?

Change the tax to a percentage instead of a flat rate. Make it State only.

Better than the cartels.

👍

Advisory board for an contraband that seems to be at the forefront of ridicule by the fascists in rogue nation is that reading when effected by the drug is Void. Another worthwhile advice for those intoxicated by Caf is that for an good night's rest End the day drunk and stoned.

Quit posting junk that no one cares about!! It’s called FILLING UP MY NEWS FEED!!!

لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 6. in AE

الإمارات العربية المتحدة أحدث الأخبار, الإمارات العربية المتحدة عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Apple loses crown as world's largest company to Saudi oil titan🔵Technology stocks hammered by cost of living crisis as Aramco is boosted by price of crude
مصدر: The Telegraph - 🏆 41. / 63 اقرأ أكثر »