Thursday, February 06, 2020 11:24:27 AM
I visited about 20 Dispensaries all over the state. Portland, Crater Lake, and by the Coast.
Almost all Cannabis was selling for about $30-$35 an 1/8th.
Can some Oregon Grower sell Cannabis cheaper than Market Value? Yes, but they would just be discounting their own product.
At $30-35 an 1/8th - Cannabis Customers are making BUYING DECISIONS more on what STRAIN they want and the QUALITY of the weed - than on price.
This is exactly like the wine business. Yeah, you can buy crap wine for $4 a bottle - or you can buy something actually worth drinking.
I really think that when the Cannabis Markets settle down - the buying decisions will be based on how good the weed is (just like buying anything else - people want GOOD STUFF).
The STRAINS a Cannabis Company chooses to grow can have a big impact on their bottom line also. If they are growing the "hot new strain" that everyone wants - that could be a winner.
Personally, I will go out of my way to buy "Tropicana Cookies" - its a mix between Tangie and Girl Scout Cookes - that strain is out of this world good.
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