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I will read the articles next week sometime. Not surprised at all. We were in Denver last April. We saw cannabis being sold in dispensaries for about $100 out the door, including taxes. Outdoor grown, but supposedly pretty good. That comes out to $3.53 per gram, all in with taxes.

I think typical prices now are about $10.60 per gram for a premium ounce in CO. MA, an ounce out the door with tax will cost $420 (at least that is what a friend told me).

Companies will adjust. Again, I don't get too granular, but the ability to grow good cannabis is underestimated in my opinion. I think there will be a turning point, where some premium cannabis will generate better pricing. Craft like.

BTW, I was in a craft beer bar in Rome, and found a wonderful 2008 beer, De Dolle Oerbier Special Reserva. IIRC, I paid $35 Euro's for what I think was 12OZ bottle. So, there are those who pay up for a nice vintage. I typically don't do that, but will certainly spend $20 on a nice 4 pack. I think this could relate to cannabis as well.

OT: My wife finds it odd that I coupon shop, am typically quite frugal, but will spend without frugality on a nice beer.
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