The Next Threat to Big Marijuana Companies Comes From Way South of the Border

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The Next Threat to Big Marijuana Companies Comes From Way South of the Border
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“It’s pretty darn difficult to compete with Colombia.'

There used to be more than 180 rose growers along the highway in California’s Monterey County. Now they’re almost gone. The flower industry went south to the lower-cost country of Colombia.

With marijuana legalization in California, Monterey’s greenhouses have shifted from growing roses to growing cannabis. But Paul Henderson—whose Salinas-based company Grupo Flor was instrumental in Monterey’s marijuana revival—isn’t waiting for North America’s cannabis growers to suffer the same fate as its flower producers. So Grupo Flor... Subscribe or Sign In to continue reading.

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