How will the industry bounce back after the wholesale cannabis price crash of 2018?

Last year, cannabis farmers across North America saw the prices of their crop fall as low as $800 per pound in some states. Oregon experienced the worst fallout from the price crash. The state produced more than two million pounds of marijuana in October 2017, more than local dispensaries could sell, a glut that can be traced back to the unlimited amount of licenses Oregon was issuing at the time. But they were not alone. Cannabis markets in other states experienced similar negative side effects from the wholesale cannabis price crash of 2018.

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