Licensed Growers Could See an Upswing in the Market on July 1, Suggests Article
The article offers some interesting insights from others including an especially pertinent one for growers in this area from Kenji Klein, Ph.D., assistant professor of management at CSU Long Beach, who states,
A lack of licensed growers could lead to a supply shock by July 1, 2018, when all cannabis sold in California must be from a licensed grower, says Dr. Klein.
“Licensed businesses can only work with other licensed businesses, and there is some fear among product manufacturers and retailers that they will not be able to find licensed growers to buy cannabis from,” Klein says, adding that he’s heard this concern from many SoCal cannabis businesses.
Later in the article, Klein adds, “”Everyone believes regulated legal cannabis is inevitable here in California, and the industry is evolving very fast. Now is the chance to get in, and anyone who hesitates will get left behind.”