Submitted by bostondotcom t3_zltl3s in massachusetts
manual_tranny t1_j087n7s wrote
Reply to comment by BozoDidtheW in Recreational cannabis prices in Mass. plummet as dispensary owners weigh future by bostondotcom
One of the only requirements to grow weed commercially in MA was to prove you had access to a lot of cash, like a couple hundred thousands dollars if my memory is working properly.
And I'm sorry, but they are still selling enormous volume. It may have gotten a lot cheaper (I have seen $120/oz for pre-ground flower) but they are still making money hand over fist. While they now worry about 'where's the bottom' of the market, several years of insane profit taking have gone by. If they already blew all that money they made, that's their problem. Welcome to capitalism, dispensary moguls.
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