> What the people retailing pot will find is that an easily-growable agricultural commodity is subject to perfect competition and prices will be driven down to

> What the people retailing pot will find is that an easily-growable agricultural commodity is subject to perfect competition and prices will be driven down to a very low level. That might depend on the regulatory constraints. From the article: "A batch of regulations known as Amendment 1284, signed by the governor on June 7, is expected to put many dispensaries out of business, eliminating the amateurs and semipros who jumped in because there was nothing to stop them, but greatly strengthening those who have the wherewithal to remain standing." As in other industries, onerous regulations might help large companies by raising barriers to entry and hindering startups that can't afford to jump through the hoops.