Charlotte's Web Holdings Inc (CWBHF): Marijuana prices have collapsed, forcing...

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Tuesday, 05/14/2019 6:42:46 AM

Tuesday, May 14, 2019 6:42:46 AM

Marijuana prices have collapsed, forcing growers to focus on energy efficiency

2 good articles that talk about margins and energy costs to produce...

Crashing prices and a focus on margins
Particularly on the West Coast, prices have imploded as more growers set up shop and 2018 yielded strong harvests. That's good news for a cannabis consumer, but for the industry it means difficulty in turning a profit.

https://www.utilitydive.com/news/marijuana-prices-have-collapsed-forcing-growers-to-focus-on-energy-efficie/553287/

The Marijuana Industry’s Dirty Little Secret

In fact, falling prices and shrinking margins (as well as general concerns with reducing carbon emissions) are driving cannabis cultivators and state regulators to take aim at electricity use in the cannabis sector.

https://finance.yahoo.com/news/marijuana-industry-dirty-little-secret-230000405.html

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