Recent looting targeting marijuana shops disrupts supply chain, producing fallout in some wholesale markets
The shuttering of damaged retail stores is slowing or stopping altogether the flow of sales for producers and processors in some markets, which could lead to a stockpiling of product and falling wholesale cannabis prices.
“The whole supply chain has been disrupted and attacked,” said John Oram, CEO of Nug, a vertically integrated cannabis company with several locations in California.
“You can’t operate out of a lot of these smashed stores.”