Cannabis Farm Navigates Pandemic Without Federal Relief Access
Deemed essential, it has supported tax revenue in California
Wellfounded Botanicals’ cannabis farm, located near Buellton, California.
Photographer: Sarah Fretwell/BloombergThis article is for subscribers only.
(Editor’s note: This is the fourth in our “Stories of Summer.” For more, see this link on the Bloomberg terminal, visit @QuickTake on Twitter and see the YouTube playlist.)
Crushed by plummeting sales-tax revenue, state and local government budgets are being propped up by sales of cannabis, an industry that many states have deemed essential despite pandemic-related lockdowns.