Talking with people in Massachusetts, the price of MJ has gone down overall since the total legalization. The new dispensaries, in my opinion in CA, will have a quick market saturation. The demand will be there, but the supply side will have a play. Ample supply, will drive price down because of competition, if the demand out runs the supply, prices could very well hold until the supply is ramped up. People will always be searching for deals. Especially the younger generation who are internet shoppers always looking for a better price.
I keep professing the first quarter will ramp up with MJTK, but it maybe closer to the third month of the first quarter. Supply and demand will be the factors.
GLTA!!
