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Comment Archives: stories: News & Opinion: Legalization Nation: Last 30 Days

Re: “The Mythical End of the Black-Market Farmer

The growers in my Richmond buildings are struggling to survive the recent collapse in wholesale pot prices. Last year $3,000 per pound, today $1,200 if they can sell at all. Three major illegal grows are being shut down this week. I lowered the rent for the last remaining grow we rent to. It is interesting to note that while wholesale prices have collapsed the retail price remains unchanged at $4,800 per lb. Licensed dispensary margins are now nearing 200% profit.

Posted by Mark Howe on 11/09/2017 at 8:37 PM

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