Is It Good or Bad That Cannabis Prices Continue to Drop Like a Stone?

Is It Good or Bad That Cannabis Prices Continue to Drop Like a Stone?

The declining sales in the industry directly impact government tax revenue, leading to significant concerns. Governments cannot collect the desired taxes, while companies report substantial losses. In recognizing the issue caused by overproduction, California became the first to address it by lowering exorbitant taxes to assist operators. However, implementing this solution took several months.