Steve DeAngelo digs in
What is going to happen after January 1, 2018, to the many cannabis businesses currently in the food chain, and especially to the traditional Emerald Triangle farmer?
Monday, January 1, 2018
"We are looking in 2018 and 2019 at an extinction event for 75 percent of the existing cannabis industry in California," says cannabis activist/entrepreneur Steve DeAngelo of Harborside. For DeAngelo, the answer is in immediate engagement with the market at a scale that addresses the demands of the market. "You talk to any cannabis consumer in a legal market and ask them what is the biggest problem they have with cannabis, and they will tell you price," he said. "Here is the flip-side of creating regulations that do not allow for the development of large-scale cannabis agriculture." DeAngelo claims to be acting in the best interest of the future of the small farmer. (See also: I grow pot in California for a living. I’m worried about legalization)
