Mark Megahan
Thanks to “the best outdoor marijuana crop in years” and “an already flooded market,” there’s “going to be a lot of really good pot out there.” Wholesale prices are already at rock-bottom and “a flood of cheaper, outdoor-grown flower hitting the market” could push prices unbelievably low. The cannabis consumer is in for a really merry Christmas this year.
A whole lot of pot around
The 2022 “Croptober” pot harvest statistics are in and cannabis cultivators from coast-to-coast are reporting “a stellar crop thanks to favorable growing conditions and little to no adverse weather events.”
Consumers are grinning to hear the news but the industry isn’t real happy about the ganja glut. Their profit margin is going to take a hit but they can make it back by pulling the excess out next summer. Expect a huge selection of concentrates as well.
Cannabis tokers across America will appreciate that this “was actually one of the cleanest air-quality years we’ve had.”
That means, Washington state grower Jeremy Moberg points out, “there’s going to be a lot of really good pot out there.” He’s not happy to add that its “probably going to add to the overproduction problems and woes that you’re hearing a lot about.”
All across the nation, cannabis growers saw “limited wildfire impact, no early freezes and warm days well into October.” In other words, “optimal growing conditions across the country.” That means some really yummy bud is coming to the pot store near you.
“It’s been phenomenal,” declares Boulder, Colorado, cannabis consultant Van McConnon. “As good as any harvest we’ve had in the last 10 years.”
Fall harvest round up
Michigan turns out to be a great place to grow pot outdoors. They have “more than a million sun-grown plants tagged in the seed-to-sale tracking platform Metrc.” Michigan, John McLeod points out, has “really good water. We have a really good summer grow season. It’s pretty ideal weather for outdoor cultivation.”
Prices “are on the lower end of the spectrum.” In Colorado, the July wholesale price “dropped to an all-time low of $709 per pound.”
California had a wildfire problem in the Emerald Triangle but not this year. “We had hot summers with a slightly more temperate climate leading into the October harvest here with our cooler nights.”
They expect “that we’ll actually see some really nice quality flower coming from the traditional full-term, sun-growers out there.” Most pot growers are scaling back for next year until some of the supply moves through the market.
Washington state began with wet and cloudy conditions but the weather got better to a hot dry summer through October. Growers there say it went “great” but “with some challenges.”
Cultivators with enough water made out fine. Things were calm for New Mexico pot ranches too. “The regulated market had a successful outdoor season” and they expect “a glut of outdoor-grown cannabis this year.“
