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Put this in your 420 pipe and smoke it: The cannabis industry could become disjointed if the Iran war continues.
Insiders in the bud biz are watching the Middle East conflict closely, as it affects the availability of certain products crucial to cannabis.
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Josh Kesselman, the CEO of RAW Rolling Papers and the publisher of High Times magazine, tells HuffPost that the conflict has caused rolling machine prices to increase by 50% due to a lack of materials.
“And some of our favorite filters (like the original cotton ones) are made in Lebanon, where production is now indefinitely suspended,” he lamented.
Although this added cost might affect consumers on 420, the unofficial hashish holiday devoted to all things cannabis, Kesselman said that the price of plastic tubes used on pre-rolls has doubled, “so that might raise the cost of pre-rolls by about 10 cents.”
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Inesa Ponomariovaite, CEO of the wellness company Nesa’s Hemp, told HuffPost that the conflict has begun to affect her business by raising costs across her supply chain.
“For instance, we rely on specialized transportation services to move our extracts to co-manufacturers and our products to fulfillment centers, and these costs have increased in line with higher
