I wonder if the boom in illegal pot (driving prices down) is due in part to the oversupply from the legal side, since prices seem to be fixed on that end, mainly due to taxes and overhead. It is a strange structure that has developed.
Oregon has fairly lax requirements for setting up legal sales and growing/processing, but put a moratorium on new permits because the market became flooded.
California legal prices are twice as expensive as both Colorado and Washington State, simply because of taxation.
Interestingly, I believe a similar situation is occurring in Ohio for legal medical sales.
dillonmckay|6 years ago
Oregon has fairly lax requirements for setting up legal sales and growing/processing, but put a moratorium on new permits because the market became flooded.
California legal prices are twice as expensive as both Colorado and Washington State, simply because of taxation.
Interestingly, I believe a similar situation is occurring in Ohio for legal medical sales.