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.