The big news for legal cannabis farmers in Nevada County this year was bad news. Heavily taxed growers say they can’t make a profit, The Union reported in April.
“We’re seeing a lot of flower selling plus or minus $300 a pound — that means it could be as low as $200 or as high as $400,” said Basil McMahon of Elevation Distro. “It’s hard to make a living to sell flower at that price.
“... many growers will take a loss in the current market’s conditions given the government’s sizeable and guaranteed cut of the product before cannabis seeds, or clones, can ever take root,” said Brad Peceimer, a licensed cultivator.