Seattle's legal marijuana euphoria over as industry undergoes growing pains
The legal marijuana market in the state of Washington opened last summer to a dearth of weed.
Some stores periodically closed because they didn’t have pot to sell. Prices were through the roof. Six months later, the equation has flipped, bringing serious growing pains to the new industry. A big harvest of sun-grown marijuana last fall flooded the market. Prices are starting to come down, but because of the glut, growers are struggling to sell their marijuana. Some are worried about going belly-up, finding it tougher than expected to make a living in legal weed.
The Guardian (UK)
Friday, January 16, 2015