A Washington, D.C.-based data analyst firm has released preliminary results on its survey on how Humboldt County cannabis farmers operate and what they think of the legalization of the industry.
Of the answers submitted by the 63 growers who have completed the survey as of this week, some of the answers are not so surprising. The overwhelming majority of respondents are growing outdoors, are self-funded, do not have a bank account and don’t have any other access to financial services.
“The community is primarily made up of growers only,” New Frontier Data wrote in its preliminary results. “65 percent are not vertically integrated.”
To bring themselves into the regulatory fold, about 47 percent of surveyed farmers said they are looking to raise $1 million, with another 27 percent saying they want to raise less than $100,000.
About half of the growers stated they would be working to obtain both medical and recreational growing licenses.
Skepticism about the newly regulated industry is also prevalent locally, according to New Frontier.
“However, 75 percent do no think that the rules in California are fair, and 70 percent expect to see at least some disruption from the regulatory rule changes,” the preliminary report states. “The majority are in it for the long haul. Forty-five percent want to keep working on their farms until they retire, while 25 percent want to grow large enough to merge with other companies, but still remain involved in the business.”
The data firm is still seeking cannabis farmers to take their survey, with participants not having to disclose any identifying information.
The survey can be found online at https://newfrontierdata.com/humboldt-growers-survey/
Will Houston can be reached at 707-441-0504.