Outdoor Grows Will Uproot The Cannabis Industry

Gardening is a huge hobby in the US and agriculture is a massive industry.  Cargill, ADM and CHS are behemoths in agribusiness producing billions of dollars in revenue and using 100s of thousands of acres.  Iowa, Minnesota, Nebraska and California has large swaths of land devoted to outdoor agriculture.  Wheat, cotton, peanuts, soybeans and tobacco still drive part of the Southeast economy.  As state and federal legalization comes to the cannabis industry, outdoor grow is going to uproot the investments in indoor grow.

A recent article in Cannabis.net shared someone was able to buy marijuana in Brazil for retail $.30 an oz.  In the US, the basic cost of growing an ounce of weed is $29.50. This is before it is sold to a producer who then makes a product and sells to a retail, who then sells it to a customer.

The indoor industry’s next big push is the reasoning is they can grow year round. But is it cost effective and worth it?  Some of the largest agriculture states are Nebraska, Illinois and Iowa, known for harsh winters and shorter growing seasons. Canada’s bountiful crops not only sell in country, but are exported to China, the US and more.

When you look at outdoor agriculture in the the US and Canada it is a $1,296 trillion industry.  And that is a case for strong outdoor grow.

Source: https://thefreshtoast.com/news/outdoor-grows-will-uproot-the-cannabis-industry/