Colorado cannabis prices fall to all-time low despite grower exodus

a year ago by cm0002 to c/trees

The average market rate for wholesale cannabis flower fell to $649 per pound despite a 25% reduction in cultivators.
ZombiFrancis 2 points a year ago

I don't know how it worked elsewhere but on the west coast the market started at the black market rate.

It's taken a good decade to peel the black market tax down to more legal rates.

But there's still a ton of liability. Being forced to use cash only makes the legal shops targets. No other business is sitting on that much cash. Not even banks.

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the_crotch 2 points a year ago

In CT you can use a debit card, they put it in as a withdrawal and give you the change in cash

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