// Definition
The dramatic drop in wholesale cannabis prices as legalization expanded supply. Prices tumbled from $4,800 per pound in prohibition to as low as $160 per pound in some markets.
// From the Episode
Chris Conrad discussed how unit price production was falling and how a $10-per-ounce tax that once seemed minor now represented a significant portion of the wholesale price. The rosin market was already being affected. This price compression threatened small craft growers who couldn't compete on volume.
// Source
Ep. 087 Hash Church LXXXVI 86 โ