Spain’s largest electricity company says daily power outages are caused by indoor marijuana farms that overload the grid. “Easy excuse,” residents reply.
The country’s legal marijuana business — a rarity in Asia — is struggling with oversupply, illegal imports and regulatory ambiguity. Investors are piling in anyway.
The decision places more strain on the cannabis industry, which largely operates with cash only, and is not uniformly regulated across the United States. The drug is still illegal on the federal level.