Tag Archives: Cultivation Technologies

Flickr / Robert Couse-Baker / (CC BY 2.0)

Huge Buzz Kill for U.S. Pot Producers as Prices Plunge on Rising Supply

Huge Buzz Kill for U.S. Pot Producers as Prices Plunge on Rising Supply

Prices are tumbling as formerly illicit cultivators emerge from the shadows to invest millions of dollars in massive pot factories. In Colorado, the average price sought by wholesalers has fallen 48 per cent to about US$1,300 a pound since legal sales to all adults started in January 2014, according to Cannabase, operator of the state’s largest market.. Supply is surging as growers expand and install the latest agricultural technology.


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