The prices on cannabis products are dropping

Inflation seems to be a near constant in almost every single industry right now.

  • If you asked me to give you a contrary example to inflation, I would come up empty.

I honestly cannot think of anything at the moment that has dropped in price amid all of the other massive price increases over the last 2 years. Cost of living is going up for every single demographic within the larger economy. Even my friend the attorney is having to make serious changes in his spending habits to combat the inflation problems. He’s worried that he could get behind in mortgage repayments on his various condominiums if he loses renters or doesn’t adjust his spending habits in other areas of his life. As long as fuel and supplies go up in price, virtually any other good or service is bound to increase as well. The only exception to this rule that I’ve observed thus far is cannabis in my state in particular. In some states cannabis prices are skyrocketing because of increasing state and county taxes on the recreational cannabis prices. My state still only has medical cannabis dispensaries so we lack those state and county cannabis taxes. Thus, our cannabis prices are dropping this year. The price drops on medical cannabis purchases started last year and has only increased with the new year. I can’t imagine seeing prices increase on cannabis products until this state legalizes recreational weed and suddenly has a supply shortage on its hands. Since there are a limited number of cannabis patients and a glut on cannabis products, the supply is larger than the demand at the moment.


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