Several medical marijuana growers in Mississippi may struggle to turn a profit due to new regulations on weed-testing. The new regulations, proposed by the state’s Department of Agriculture and Commerce, require that all cannabis products be tested by a third-party lab before being sold.
This poses a significant challenge for many growers who may not have the financial resources to pay for these costly tests. With the cost of testing ranging from $600 to $1,000 per sample, it could potentially eat into their profits and make it harder to stay competitive in the market.
Some growers are concerned that these new regulations could drive them out of business, especially for smaller operations that may not have the resources to afford the testing. They worry that this could create a monopoly in the market, with only larger companies being able to afford the required testing.
Many growers are calling for more affordable testing options and financial assistance from the state to help them comply with the new regulations. They argue that these regulations could stifle the growth of the medical marijuana industry in Mississippi and prevent small businesses from thriving.
The Department of Agriculture and Commerce has not yet responded to these concerns, but it is clear that some growers may face challenges in turning a profit under the new regulations. As the medical marijuana industry in Mississippi continues to grow, it will be important for regulators to carefully consider the impact of these regulations on small businesses and work towards finding solutions that support the industry’s growth.
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