Cannabis growers in California, Oregon and Washington state say they are enjoying a robust outdoor harvest, with strong crop yields, high-quality flower and market prices well above last year’s depressed levels.
Growers in the Western United States have been reporting higher overall prices, so this turnaround in the market coupled with higher yields likely will make for a good year overall in the cannabis cultivation space.
A few obstacles cropped up, such as early fall rain and the usual battles with microbials. But, for the most part, growers were able to meet those challenges and bring in healthy harvests.
However, in certain markets, including California, a limited number of retail licenses could mean too few places to sell, which could drive down prices and make the opportunity for diversion tempting.