Ecuador’s flower industry shifts toward hemp as rose sales wither By Reuters – Investing.com
- Date: 30-Jul-2021
- Source: Investing.com
- Sector:Industrial
- Country:Gulf
Ecuador’s flower industry shifts toward hemp as rose sales wither By Reuters – Investing.com
By Alexandra Valencia
TABACUNDO, Ecuador (Reuters) - At one of Ecuador's oldest flower farms, workers are planting hemp on land that traditionally used for roses, making a bet that selling cannabinoid products will help offset the decline in flower sales caused by the pandemic.
Declining sales spurred by the coronavirus outbreak dealt a heavy blow to Ecuador's flower sector, one of the Andean nation's traditional export industries, leaving farms cutting output or seeking to reinvent themselves.