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Will wholesale cannabis slide to $500 a pound in California’s regulated recreational market?

19 Dec Will wholesale cannabis slide to $500 a pound in California’s regulated recreational market?

The heyday for marijuana cultivators in California is on borrowed time. The Golden State’s licensed recreational cannabis market begins in January, and some industry watchers expect the average price of wholesale cannabis to pass the red line of $500 a pound. The price likely won’t drop immediately because the initial wholesale supply will be limited. And that will […] Will wholesale cannabis slide to $500 a pound in California’s regulated recreational market? is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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