It’s no secret that today’s cannabis industry is a crowded landscape for growers, with many mid-size and smaller players struggling against the headwinds of price compression. Adding to the difficulties is that the SAFE Banking Act has yet to pass the full U.S. Congress, depriving the industry of a clear financial framework under which to operate. The lack of federal reform, combined with resulting price compression, is creating additional financial constraints for growers seeking capital investments to improve their operations and, more importantly, their product. The primary challenge for many growers these days is to go from merely staying alive in the cannabis industry to truly thriving in it.
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