- Cannabis farmers in California have lost substantial revenue with the new regulations for the industry.
- While California predicted $1 billion in tax revenue, the cannabis industry only produced $345 million.
Increasingly more states are starting to get involved with the cannabis industry, legalizing medical marijuana and sometimes recreational marijuana. While there are many voters that feel like this development means progress, it has not been the same positive move for marijuana farmers, according to a report from Politico.
Thomas Mulder is one of those farmers having a difficult time with the legalization. When the publication interviewed Mulder, he explained that this time of year would normally be watching through multiple plant around his knees, only to reach over his shoulders a few months later. Alas, his planters are presently barren, which have been around since the 1970s when his parents his parents purchased the greenhouses with the intention of growing marijuana.