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Bowery, once a leading indoor farming company valued at $2.3B, shuts down (pitchbook.com)

submitted 2 days ago by cyrano@lemmy.dbzer0.com to c/technology@lemmy.world

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[–] CmdrShepard42@lemm.ee 9 points 1 day ago (1 children)

It's been the same in Oregon for years. The only reason why this crop was ever expensive and grown primarily indoors is that it was illegal and now with enough distance from illegality and enough competition, the price plummets. Your state may start implementing license and growing restrictions to counteract this as they've done here because the state loves their tax revenue and wouldn't want to jeopardize this cash cow.

[–] Corkyskog@sh.itjust.works 4 points 1 day ago

I have yet to see outdoor bud that's the same density nugs as indoor.