Your Top 5 News Stories - August 23, 2021

August 23, 2021

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More Americans Need to Grow Their Own Weed

According to New Frontier Data, 6% of American cannabis consumers grow their own supply, though there are reasons why more may want to. 


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‘Times are really, really tough’: Plummeting cannabis prices strain small Northern California farmers

In Humboldt County, cannabis farmers are struggling to break even as prices per pound continue to fall within an oversaturated market. 

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Newark says yes to recreational cannabis, will allow dozens of licenses

Dozens of licenses can be issued for manufacturing and delivery, but only two retailers will be allowed to operate indoor consumption areas. 



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California Rights a Cannabis Accessibility Wrong Via Nonprofit Tax Reformation

The state’s tax rates on legal adult-use cannabis priced many medical patients out of the market, but legislation makes it accessible again. 


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Cannabis firms catch a whiff of opportunity in Brazil
International cannabis companies are interested in Brazil, both for its agricultural climate and market base of some 13 million consumers.  


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