California bill allowing cannabis farmers to sell directly at farmers markets advances

The Sacramento Bee reports

Consumers would be able to buy cannabis directly from cultivators at farmers markets just like they do for produce, under legislation approved Tuesday by the state Assembly Committee on Business and Professions.

The push to allow small farmers to sell directly comes as the cultivators are seeing their most daunting financial challenges since the legalization of cannabis in 2018.

The wholesale prices farmers receive for outdoor grown marijuana collapsed to $488 a pound for the week ending April 15, a more than 55 percent drop from from 15 months earlier, shows research firm Cannabis Benchmarks.

The legislation still needs to clear the Assembly Appropriations Committee and the full Assembly Chamber and then go through the Senate before reaching the governor’s desk. Still, it’s a first step that pleased several dozen farmers that showed up for Tuesday’s vote.

Read more at: https://www.sacbee.com/news/california/article260793787.html/#storylink=cpy

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