(This is the first installment of a two-part series exploring the wide-ranging effects of tariffs on the cannabis supply chain. Part 2 is coming Friday.)
Licensed cannabis operators and ancillary companies are bracing for rising business costs, lost customers and vendor backlash in the wake of President Donald Trump’s erratic blanket tariffs that have rattled the global economy and stoked fears of a recession and accelerated inflation in the United States.
Higher prices are expected to take a toll on wide swaths of the industry’s supply chain, from building and cultivation equipment to product components, packaging and raw materials, according to more than a dozen executives and economic experts queried by MJBizDaily after Trump’s “Liberation Day” edict that torpedoed decades of U.S. foreign trade policy.
ADVERTISEMENT
Read full article on Marijuana Business Daily
