North Carolina farmers who got into the cannabis business in recent years hoped they’d be in a prime position to capitalize on the state’s eventual legalization of marijuana.
Full story here: https://www.wral.com/as-nc-considers-medical-marijuana-state-farmers-fear-bill-locks-them-out/20339429/

North Carolina farmers who got into the cannabis business in recent years hoped they’d be in a prime position to capitalize on the state’s eventual legalization of marijuana. But those hopes are fading, even with a bill to legalize medicinal marijuana pending in the state’s General Assembly.

The number of farmers licensed to grow marijuana’s nonintoxicating cousin, hemp, is now one-quarter of what it was in 2020. The medical marijuana bill, languishing in the House after clearing the state Senate with bipartisan support, is a narrow one, providing opportunities for just 10 suppliers and requiring experience that, by definition, no in-state operation can have.

“It’s really going to be limiting as far as the local economy goes,” said Andrew Wheeler, the owner of Arrowhead Hemp Farms in Asheville. “I’d like it to be different, but I don’t hold my breath when it comes to North Carolina.”

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