Cannabis RealityOur local Vancouver Province Newspaper today reports that there are three large Cannabis growing facilities for sale in BC. All for sale due to oversupply. These are cultivation and processing facilities. Experts think that potential buyers will only be interested in the facilities, not the cultivation. In addition the article goes on to say at least a dozen mid-sized Cannabis companies have filed for bankruptcy and there are more to come. It is all about industry consolidation. Looks like only the best managed facilities will have a chance at survival.
I don't know what's happening in California. Maybe more of the same?