LFLY - How Much Cannabis Does America Really Grow And How It Compares To Other Big Crops: Answer Might Surprise You | Benzinga
Leafly Holdings, Inc. (NASDAQ: LFLY) annual Cannabis Harvest Report reveals that in some states, cannabis is consistently one of the highest-value crops in the field, though the federal government and some state and local governments do not track weed harvest amounts, ignoring the value of this obviously valuable crop.
Over a period of three months, Leafly’s investigative team performed a synthesis of licensing reports with crop production totals as well as sales and tax figures from the 15 states with operating cannabis markets.
USDA Doesn't View Cannabis Farmers As Farmers, But Maybe Not For Long
The report outlines the barriers America’s cannabis farmers have faced over the years due to federal prohibition. However, this could soon change following recent news that the Department of Health and Human Services is recommending that marijuana be reclassified as a Schedule III drug under the Controlled Substances Act.
Meanwhile, all these ...