Just how low will the price of marijuana go with Federal legalization, read this https://cannabis.net/blog/opinion/just-how-cheap-will-weed-be-in-the-future

1. 1/8/2021 Just How Cheap Will Weed Be in the Future?
https://cannabis.net/blog/opinion/just-how-cheap-will-weed-be-in-the-future 2/13
HOW CHEAP WILL CANNABIS BECOME
h ill d i h

2. 1/8/2021 Just How Cheap Will Weed Be in the Future?
https://cannabis.net/blog/opinion/just-how-cheap-will-weed-be-in-the-future 3/13
Just How Cheap Will Weed Be in the
Future?
With legalization will come massive supply surpluses but also millions of new customers.
Posted by:
Laurel Leaf, today at 12:00am
Just How Cheap Will Weed Be In The Future?
The current trend of legalization and acceptance of cannabis is bound to have an e ect in a number of areas in the
cannabis economy. The growth of the cannabis industry has seen more players come into the industry. It has also seen
the in ux of new investors and entrepreneurs with the aim of propelling the industry to greater heights. The

3. 1/8/2021 Just How Cheap Will Weed Be in the Future?
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introduction of such factors will a ect some aspects of weed as we have come to know it. One such area is the aspect of
the price of weed.
The current price of weed varies from market to market. Though there is a reasonable range of prices presently
available, those prices are still not properly regulated. This article will help to show just how cheap weed can be in the
future and the factors that can account for the change in price.
Weed price and saturation of the industry
The major factor expected to a ect the price of weed is the saturation of the industry. This reality is bound to a ect the
cannabis farmers more as competition arises. With more cannabis markets opening and competition increasing, the
cost of weed on a retail level is bound to drop. The same is expected to happen on the wholesale level as well which
means good news for most consumers. The increase in competition ensures that more cannabis is made available and
this is usually backed up by a reduction in price.
Prior to this period of growing acceptance, the price of cannabis products have always been on the high side. This was
primarily because of the illegal nature of some of the processes involved in making the product available. Though high,
the price was still a ordable for most customers. However, most of these products were usually of low-quality and low
potency. Better products with improved potency always correlated with an increase in price which was how the industry
operated before saturation.
The saturation of the industry, as well as the expected roles to be played by the government in the nearest future, is
bound to balance prices. International trade is also bound to help promote the trend of reduced price further
prompting the expectation that global legalization will reduce prices. The possibility of low-cost cannabis at a possible
rate of $100-per-pound is still very much attainable.
Apart from the e ect of saturation of the industry which prompts regulation of weed prices, there are other factors that
play a part in controlling the price of weed. Here are some of those factors that can ensure that weed becomes cheaper
in the years to some. Some of these factors include the promising role of technology, large scale production, and the
role of the government.
Promising role of technology

4. 1/8/2021 Just How Cheap Will Weed Be in the Future?
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The cannabis industry has gradually seen the introduction of technology of di erent aspects of the industry. One area
that has largely bene ted from the input of technological advancement is the area of cultivation. The input of
technology has helped to improve yield while reducing some of the means of production and lowering prices.
Technology helps to improve supply which will meet constant demand from the market and then necessitate a
reduction in price.
Technology has also helped more than the cultivation aspect of cannabis. Manufacturing has also improved with the
use of specialized instruments to easily make cannabis into di erent forms of the nished product. These roles of
technology are bound to remove some of the problems faced during cultivation, manufacturing, and distribution
processes. By making those processes easier, the expected e ect is an impact on the price of cannabis.
To promote this future of low prices, however, full-scale automation of the facilities involved in the production. Most of
these technologies have already been utilized in the cultivation and production of other crops. This means they can
easily be introduced into the cannabis industry and optimized. With these improvements, the cost of production is
reduced which ultimately reduces the price.
Large scale production
Large-scale production of cannabis that is slowly growing especially in areas such as California is bound to a ect prices.
With more cannabis products being made available, prices are bound to reduce. The evolving cannabis industry means
that more cultivators are required to go into large scale production. However, many cannabis farmers lack the desire to
try something di erent which is why many resort to small-scale production. With more large-scale production of
cannabis available, more cannabis products go into circulation further bolstering the cannabis economy.
Role of the government
One of the bene ts of decriminalization is that the government becomes more actively involved in the running of the
industry. Prior to the age of acceptance of cannabis, the role of the government was largely towards prohibition. This
promoted the continuous war on drugs which saw many nations go with the prohibition of the natural herb. With the
scheduling of cannabis as a Schedule 1 narcotic, the prices skyrocketed due to illegal activities needed to make them
available. With the cooperation of the government, this is bound to change.

5. 1/8/2021 Just How Cheap Will Weed Be in the Future?
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The in uence of the government in the activities of cannabis is bound to have an impact on prices. The government can
help to ensure policies that will ensure prices are regulated. This will help to promote low-cost cannabis and ensure that
prices do not uctuate. This is why many cannabis advocates and drug reform activists are constantly applying pressure
on governments.
Bottom line
The truth is that it is still very early to say what the prices of cannabis might be in two years or more. However, the early
indications point towards the fact that prices are bound to be lesser than what they are right now. Competition is bound
to play a huge role in regulating prices, likewise the input of technology. Expansion and the input of the government
with the right policies will then complement their e ects. With these factors playing their part in regulating the prices of
cannabis, we can be sure that weed will become more easily accessible and a ordable for everyone in the future.
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10. 1/8/2021 Just How Cheap Will Weed Be in the Future?
https://cannabis.net/blog/opinion/just-how-cheap-will-weed-be-in-the-future 11/13
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young people are also now hospitalized for the COVID-19 disease. Many of them are younger than 65 years old. A broad spectrum of these patients represents
people prone to vaping. The National Institute on Drug Abuse published that vapers might be more exposed to harming their lungs, and that could diminish their…

11. 1/8/2021 Just How Cheap Will Weed Be in the Future?
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The great news yesterday in the cannabis world is that the Safe Banking Act passed by a surprising large margin in the House yesterday by a vote of 321 to 103.
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marijuana. The industry insiders were worried about hitting 270 on the YES votes just a few months ago. The surprise surge came from Republicans backing th…

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