Even if prices do go back up, history shows that the market is more buyer-friendly in the long run.
While the vast majority of these businesses aren’t on the brink of closing, the situation does mean lower prices for us. I’ve seen flower brands like Green Dot Labs and Snaxland going for $40 and less for an eighth with no deal attached, which would’ve been unheard of last summer.
Cannabis is still an agricultural commodity, so market factors will keep retail prices fluctuating, and we’ll probably see more expensive pot again at some point. Still, these incremental drops tend to leave scars. Even if prices do go up occasionally, history shows that the market is more buyer-friendly in the long run.
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