Monday 19 February 2018
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1 months ago

Cannabis oversupply in Washington State drives prices to threatening lows

By Kinsey Grant The US state of Washington has a cannabis problem. But it s not addiction or even the black market. It s that they ve got too much weed and not enough places to legally sell it. According to cannabis-focused research firm Straight Line Analytics founder Dr. Jim MacRae, the October 2017 outdoor harvest was the state s biggest to date and will mean a 60 per cent larger supply from a year earlier. Oversupply from that bumper crop would generate sufficient...

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