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This is interesting for the fact of watching a black market item go to retail and the expectations of "street" price versus actual market price might have been
by Chardok 9y ago
This is interesting for the fact of watching a black market item go to retail and the expectations of "street" price versus actual market price might have been just too high.
There will certainly be a niche market for gourmet, organic, homegrown and cared for buds, but for the remainder of products: oils, waxes, edibles, infusions - you are not going to notice the difference between a small business and a larger growing operation except on price.
It seems rather obvious when you think about it though. I would compare cannabis to produce rather than beer/wine/spirits, in the sense that your small growers are going to have a tough time competing with giant farm operations, and will really have to differentiate themselves in specific ways to actually make it worth while.
- walrus01 9y agoI think it is pretty similar to the boutique small volume/high-cost products sold in Whole Foods. There are still a number of small artisanal handmade soap manufacturers, and they command premium prices for what is perceived as a premium product. People buy them. People also buy giant packs of soap at Walmart. Both markets exist simultaneously. The small places will almost certainly not be able to compete in a race to the bottom on pricing with corporate entities that have the capital to spend several million on a farming facility.