$80 Ounces in Michigan and $4 Grams in Oregon – How Low Can You Go Is a Marijuana Industry Problem

In January, marijuana prices in Michigan reached an all-time low, providing significant benefits to retailers and customers. However, smaller growers raise concerns about the surplus supply driving prices down. According to state records, the market has seen an unprecedented increase in supply, with 55 times more marijuana available than two years ago. As a result, customers purchase it at a rate 16 times cheaper than before.