Loading ...going down. I haven’t seen a better news source than this Colorado link for the pot trends.
This article below was from earlier this year but it followed the above theme, more supply lower prices. I don’t see how 99% of these marijuana stocks will be around at $500 a pound let alone this $50/pound in this article. Most of the people that I know still have their “own guy” for shopping rather than putting their name on some state list where it could be u$ed against you by your auto & health insurance company. Their “own guy” prices are half of what they charge at Colorado stores. Even many of the pot smoking celebrities that appeared on Howard Sterns show over last several years have mentioned that they still buy it from their own guy.
“Indeed some analysts think that once a fully developed legal market is in place, the natural wholesale place for pot could fall to less than $50 a pound.”
http://www.thecannabist.co/2017/01/18/marijuana-price-drops-state-revenue/71657/