Cannabis Legal Marketplace discussion

Prices for weed are tanking in the west as more states come online. Oversupply is an issue in every state that has been legal for a while. California buyers do not have to come to Oregon or Washington to buy any more. Nevada is also legal now. Supply is high. Wait until we get a good Indian summer in Southern Oregon. Then the outs will bury the marketplace with cheap high potency weed in state. The same will happen in a few years in California. Nevada state controls distribution so prices may wind up different there. Washington state prices are falling as well. Washington state outs hit a record harvest in 2017 driving prices lower. Licensed growers in Washington state outnumber licensed rec stores 2:1. I read that Colorado prices are also dropping like a rock lately. Margins are getting thin.

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