As legalization sweeps the nation, craft, small-batch growers in each the hashish and hemp industries are in danger.
The worth to play is steep. It prices an estimated $5 million to $10 million for a craft grower to enter the market, the Illinois Craft Cannabis Association founder Paul Magelli says. Which is why his affiliation has filed a lawsuit hoping to get 40 craft growers extra time to enter the Illinois market and apply for licenses.
Industry laws are usually not type to small-batch farmers in a sea of bigger, investor-funded operations. “That is the main danger, that it will get crushed,” Adam Smith, president of the Oregon-based Craft Cannabis Alliance, advised reporter Omar Sacirbey in Marijuana Business Magazine.
– Read the whole article at Forbes.