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  • Dan D

3 Ways California Cannabis Industry Can Thrive

Updated: Mar 18, 2019

Vessel Logistics has released their 2019 California Cannabis Harvest Projections Report, predicting that the double impact of new regulations and substantial over-permitting will drive down wholesale prices before the end of 2019. The full 16-page report is available here for download, and we have outlined our key-takeaways below.


California’s transition to a fully regulated Track and Trace system, where cannabis is weighed and monitored by the state from seed to sale, will be extremely disruptive for Farms, Manufacturers, and Distributors. While many are currently focused on licensing challenges with the state (some calling these challenges an “extinction event” for the industry), a new Harvest Projections Report from Vessel Logistics predicts that the challenges associated with adopting new regulations (paired with substantial oversupply) will drive down wholesale prices before the end of 2019.



Here are a few tips to help producers: