What the Extreme Drop in Wholesale Prices Means for the Cannabis Industry
By Nickolas Brait, Attorney Specializing in Corporate Law
The severe drop in wholesale cannabis prices in many states over the past year can be traced to a few key factors: Regulatory missteps, high taxes for consumers, and competition from still-thriving illicit markets are contributing to the industry’s current woes. Additionally, in states that were early legalization adopters like Colorado, ...