The debate about the price of cannabis as well as its imminent “collapse” or price hikes has been around since there has been a legal market.
In general, the conventional wisdom is a bit off the mark. For the most part, even when it is accurate, it is highly regional and at best temporal, subject to uncertain if short-lived winds. Why? Every cannabis market these days is a different animal thanks to regulations. Further, the American state focussed industry is very different from any other country right now. Canada, Germany, Israel and Australia are more alike to each other than any similarities they share with the U.S. state industry. In any state.
Then there are new wrinkles that so far have not been priced into any of these predictions. If anything, the price of cannabis is going to increase, dramatically, globally over the next 18 months.
U.S. State Markets Are Different