Categories: aggregated

Will Oversupplied Markets Wipe Out Smaller, State Markets if Interstate Marijuana Commerce is Legalized?

Gandelman made this statement when asked about the interstate trade of cannabis. He stated that it would make a lot more sense if partnerships are made with CPG brands to manufacture their product. If interstate trade is encouraged, many will lose money. When the medical cannabis industry was being developed, interstate trade of hemp and CBD was allowed and it ended badly. At that time, almost everyone overgrew the planets because it was cheap, and then to alleviate their oversupply, they had to sell their hemp CBD for pennies on the dollars. The same would happen if the same is allowed for adult-use weed.

Jason

Share
Published by
Jason

Recent Posts

New Jersey Is Kicking THC Drinks Out of Liquor Stores. High Tide Has a Plan.

New Jersey’s THC beverage market is heading into the most consequential stretch of its short…

16 hours ago

One of the ‘Mormon Wives’ Chooses Cannabis: Here’s What the Church Actually Says

Mormon Wives star Mikayla Matthews says medical cannabis was “literally life-changing” for her nerve pain…

16 hours ago

Chain vs. Indy: Which Dispensaries Do People Prefer?

Chains reorder every two weeks and earn twice the discounts. Independents stock the same breadth…

16 hours ago

Canna Country #26 in Southern Humboldt: The Ocimene Queen of Canna Country Farms

We head to Canna Country Farms in Humboldt for Legendary Strains to discover the Ocimene…

16 hours ago

The Sky Didn’t Fall: What a Decade of Legalization Actually Taught Us

Cannabis advocates should take the lesson here too. The industry doesn't need to inflate its…

16 hours ago

Twenty Brazilian Cannabis Patient Associations Are Meeting Inside a Free Arts Fair in Fortaleza

Twenty patient associations from across northeastern Brazil are meeting in Fortaleza this month, inside a…

2 days ago