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re: Colorado Sees Marijuana Prices Soar After Legalization

Posted on 1/4/14 at 1:28 pm to
Posted by MisterSenator
Member since Aug 2013
1285 posts
Posted on 1/4/14 at 1:28 pm to
prices (before taxes, mind you) will drop dramatically once the industry gets on its feet. As long as there is an ease of entry for future competitors to enter the market, there will inevitably be a fall in prices. Also, the supply will increase once "farmers" see the incredible quantity being demanded and potential money to be made. This, along with the utility in other industries that can be achieved with marijuana's (hemp products, etc) will also drive supply up, via demand
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