420 with CNW — Ukraine War, Supply Chain Issues Increase Marijuana Production Costs
Ever since the supply chain problems triggered by the pandemic were worsened by Russia’s invasion of Ukraine, cannabis producers are facing rising costs that could shake the industry in ways that have never been seen. Russia and Ukraine together account for 28% of NPK fertilizers (nitrogen, phosphorous as well as potassium) sold on the world market. The war and the sanctions placed on Russia have shaken this supply source, and the cannabis industry as well as other segments of the agricultural industry is feeling the heat. “Modern Farmer,” a magazine published every quarter, paints a graphic picture of how fertilizer…