Are There Any Margins Left in Weed? Prices Are Crashing All Over But Who Determines What Weed Costs To Begin With?
April 7, 2023
Several factors, including geographic location, regulations, competition, and quality, influence the price of cannabis. Legalizing cannabis in several states has created a growing market that has attracted many participants, including growers, retailers, and consumers. However, the high taxes and regulatory requirements imposed on cannabis businesses add to the cost of production and sales, making it challenging for businesses to keep prices low.