Lots of "Grass." Nowhere to Sell: The cannabis growers have a bumper crop, but they have to wait for the state to license more shops to sell it. I wonder what will happen to all that...

jerryc41 Loc: Catskill Mts of NY

The cannabis growers have a bumper crop, but they have to wait for the state to license more shops to sell it. I wonder what will happen to all that marijuana if the state doesn't approve stores. Will it just rot in warehouses? 🤣

f8lee Loc: New Mexico

In New Mexico, there are so many dispensaries that the owners re asking the government to stop issuing licenses since they are just now discovering the magic of the free market...excess supply leads to lower prices...

elee950021 Loc: New York, NY

Jerry!

Here in midtown Manhattan, NYC, the cannabis stores are proliferating so much that they seem to be on every other block!

Let's see if these businesses can thrive legally. Also, these stores attract robberies! I wonder why!

Be well! Ed

Equus Loc: Puget Sound

it might go up in smoke

Polock

They dry it or freeze it, depending on plans for later processing.
or
sell it out the back door

jerryc41 Loc: Catskill Mts of NY

elee950021 wrote:

Jerry!

Here in midtown Manhattan, NYC, the cannabis stores are proliferating so much that they seem to be on every other block!

Be well! Ed

I hear they're buying up some Starbucks.

sippyjug104 Loc: Missouri

It will be destroyed in a series of small fires.

hannaco Loc: People's Republic of California

sippyjug104 wrote:

It will be destroyed in a series of small fires.

One joint at a time.

Canisdirus

elee950021 wrote:

Jerry!

Here in midtown Manhattan, NYC, the cannabis stores are proliferating so much that they seem to be on every other block!

Let's see if these businesses can thrive legally. Also, these stores attract robberies! I wonder why!

Be well! Ed

They attract robberies because while the states say it is a bona fide business...the federal banking system won't touch them...so they have to sit on a lot of cash.

Find a problem? Scratch the surface a bit...you'll find your own govt. looking back at you.

fourlocks Loc: Londonderry, NH

f8lee wrote:

In New Mexico, there are so many dispensaries that the owners re asking the government to stop issuing licenses since they are just now discovering the magic of the free market...excess supply leads to lower prices...

I wish Massachusetts would follow suit. My friend on the Cape has to drive almost an hour to the nearest state-licensed dispensary and the cost of everything is astronomical. Mass rigidly controls licenses and issues only a few, here and there, so as you said, the free market magic of minimal supply leads to higher prices in this case.

lamiaceae Loc: San Luis Obispo County, CA

jerryc41 wrote:

The cannabis growers have a bumper crop, but they have to wait for the state to license more shops to sell it. I wonder what will happen to all that marijuana if the state doesn't approve stores. Will it just rot in warehouses? 🤣

Sneak it in to California. Seems new shops are opening all the time. Not that I even touch the stuff. CBD Oil for my Dogs only.

stanikon Loc: Deep in the Heart of Texas

f8lee wrote:

In New Mexico, there are so many dispensaries that the owners re asking the government to stop issuing licenses since they are just now discovering the magic of the free market...excess supply leads to lower prices...

Sorry, I disagree with the owners. I think the state should continue to approve licenses as fast as they can. Let the market sort itself out. When it is no longer viable to open new stores the applications will slow down, then stop on their own. Then the stores that are on shaky financial ground will close leaving the stronger, more well-established stores to supply the demand. The herd will eventually thin itself out and the remainder will be stronger for it.

cyclespeed Loc: Calgary, Alberta Canada

So far all the words on markets I am assuming the open or legal market is what is assumed. Here where the product has been legal for some time most long time users ( think over 10 years ) I know don't buy from the stores due to higher prices and inconsistent product quality.
They still use and prefer what is called the black market for lower prices and consistent quality.
Of course in some states I guess there is no black market. Haha.

RightOnPhotography Loc: Quebec,QC

jerryc41 wrote:

The cannabis growers have a bumper crop, but they have to wait for the state to license more shops to sell it. I wonder what will happen to all that marijuana if the state doesn't approve stores. Will it just rot in warehouses? 🤣

They will have to smoke their stock themselves 😊