Cannabis supply is pulling down prices a lot, and customers purchase it at record rates. State records show there is 55 times more weed in the market, and consumers are buying it at 16 times the price since two years ago when cannabis hit the market. Rates are now lower than 30 or 40 years ago when weed was illegal. On average the price for 28 grams an ounce fell 70% from $516 in December 2019 to $152 this January.
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