No matter where I go, local farmers have their complaints about their industry. Weather, prices, water, govmint, they're seemingly perpetual grouches even though they seem to do satisfactorily.
It's no different here in the Emerald Triangle, where oversupply of cannibis has led to a crash in the wholesale market. The producers had been getting about $5000 a pound, now it's down to $2500. So the complaining has started.
Cannibis as a crop in California is 14 times bigger in terms of money than the citrus industry. Any way you look at it, a 50% drop in any ag product is serious money.
Meanwhile, retail prices have stayed constant due to the California practice of limiting retail outlets to a very few monopolies. Roughly, they are still getting about $10,000 a pound, so the situation is good for them.
The production phase supports a large industry of irrigation, fertilizer, and processing equipment. Think feed and seed or farm and tractor supply outfits found in any agriculture community. Those are big businesses here and they are feeling the squeeze.
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