Legal weed is getting cheaper, fast

As states legalize marijuana across the country for medical and recreational use, prices are dropping faster than growers and sellers would like them to, according to the Wall Street Journal. The cannabis industry has grown over the past few years, bringing in more than $6 billion a year in retail.

 

Retail: BDS Analytics tracks marijuana market trends, their data shows sales increasing and prices decreasing in Colorado and Washington state:

Wholesale: Since 2015, prices have dropped from $2,133 a pound to $1,614 a pound.

Why it matters: Marijuana growers are struggling to find ways to make a profit. Some are attempting to set themselves apart my touting "organic" products – plants grown outside with sunlight instead of indoors with heat bulbs. The more cannabis grown, the lower prices will continue to get. More consumption would help, but growers and retailers have to be careful about pushing for that.

https://www.axios.com/why-weed-is-getting-cheaper-why-it-matters-24...

Views: 141

"Destroying the New World Order"

TOP CONTENT THIS WEEK

THANK YOU FOR SUPPORTING THE SITE!

mobile page

12160.info/m

12160 Administrators

 

Latest Activity

MAC posted videos
20 hours ago
tjdavis posted photos
21 hours ago
Doc Vega posted photos
yesterday
Doc Vega posted a blog post

Veteran’s Day a Time That Should Be Honored

 At a time in our confusing and idiotic history when a Democrat can’t define a woman when being…See More
yesterday
Michael A. Pinson posted a photo
yesterday
cheeki kea commented on tjdavis's blog post Mountain Miracle
"Thumbs up to this awesome school. Isn't it amazing that some of the greatest teachers are to…"
Sunday
cheeki kea commented on cheeki kea's photo
Sunday
cheeki kea commented on Doc Vega's blog post This is Incredible! Trump is Already releasing Plans to Dismantle the Deep State and Purge the Corrupt Players
"Oh wow he is not wasting any time. May the power of the words he just spoke resonate across America…"
Sunday
tjdavis favorited cheeki kea's video
Sunday
tjdavis favorited rlionhearted_3's photo
Sunday
tjdavis posted a blog post
Sunday
Doc Vega's 4 blog posts were featured
Saturday
cheeki kea's 2 blog posts were featured
Saturday
Doc Vega commented on tjdavis's blog post Mountain Miracle
"A creative way to get hands on participation with students and the community."
Saturday
Doc Vega favorited tjdavis's blog post Mountain Miracle
Saturday
Doc Vega posted a blog post

The Perfect Lies

The Perfect Lies Time is like an ocean with its secrets running deepLike all the lovers you’ve…See More
Saturday
tjdavis posted blog posts
Saturday
tjdavis posted a blog post
Friday
Doc Vega posted blog posts
Thursday
rlionhearted_3 posted a photo
Thursday

© 2024   Created by truth.   Powered by

Badges  |  Report an Issue  |  Terms of Service

content and site copyright 12160.info 2007-2019 - all rights reserved. unless otherwise noted