EP 206: The Real Cost of Running a Small Cannabis Farm (Two Operators Get Honest)

EPISODE · Apr 29, 2026 · 48 MIN

EP 206: The Real Cost of Running a Small Cannabis Farm (Two Operators Get Honest)

from The Cannabis Accounting Podcast · host DOPE CFO

In this episode of the Cannabis Accounting Podcast, host Raymond Guns sits down with Amanda Metzler, owner-operator of Bigsby Farms in Oregon, and Matt Kennicott, Executive Director of the Cannabis Association of New Mexico. Amanda has one simple belief — if you don't control your costs, the market will control you. Matt knows another truth — bad policy kills more businesses than bad operators.Amanda has been farming since 2016 and built the largest solar installation on any farm in Oregon. Matt runs a micro-cultivation farm and leads the Cannabis Association of New Mexico. They have both seen the industry go from gold rush to grown-up business. And they keep seeing the same mistakes destroy farms over and over again.They talk about:🚨 The border seizure problem nobody warns you about: Border Patrol has seized over $1M in legal cannabis at New Mexico checkpoints. Operators now vacuum seal and wipe down product like smugglers just to move inventory they're legally allowed to sell.💸 Why consignment killed Oregon farmers: One farm started giving product to wholesalers on consignment and the whole state copied them. Now farmers front all the money and get paid last — if they get paid at all.⚡ Amanda's $125K solar investment that changed everything: She powers her entire seed-to-sale operation for under $200 a month with just two people and only grows what's already sold. The days of growing all the weed and asking "will you buy my weed?" are over.📦 The packaging war and child-attractive labeling fight: New Mexico proposed forcing brands into plain black-and-white packaging with sans-serif font "to protect kids." Matt built a public education campaign over one weekend that got the state health department and poison control center on board instead.📉 The tax trap crushing retailers right now: New Mexico's cannabis excise tax is currently 13% and rises 1% every July until 2030. Combined with gross receipts tax, customers pay over 21% at checkout — so they go back to the illicit market. Retailers need 40 new customers every month just to maintain current margins.🌾 Why unlimited licensing breaks everyone: New Mexico handed out unlimited licenses with almost no barrier to entry. Now the market is oversaturated, margins are razor thin, and licenses have zero value. You cannot sell or transfer your license at all.This episode is for cannabis owners and investors who want to stop chasing hype and start running businesses that actually survive.Subscribe for deep dives on cannabis business, accounting, regs, and growth! 🔥 🌱 Connect with Matt Kennicott: https://www.linkedin.com/in/mkennicott31/

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EP 206: The Real Cost of Running a Small Cannabis Farm (Two Operators Get Honest)

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