U.S. Cannabis Prices Set to Crash as National Legalization is Approaching, Experts Warn
As the prospect of federal cannabis legalization looms on the horizon, a new study suggests that nationwide reform could lead to a dramatic drop in marijuana prices across the United States.1 With more states considering legalization and the cannabis industry grappling with oversupply and falling prices, the cannabis industry may be on the verge of a seismic shift. But what does this mean for businesses, consumers, and state tax revenues? California’s Influence on National Cannabis Prices The study by economist Barry Goodwin at North Carolina State University examined cannabis price data from 15 states with varying degrees of legalization. Goodwin …










