Supply is outstripping demand in the unlikeliest place—legal recreational marijuana in the state of Washington. Growers who jumped into the new legal market hoping to make a killing in cannabis are now getting killed by a glut of product.

“There is going to be a lot of people who are going to be in trouble,” said Ata Gonzalez of GFarmaLabs, which sells cannabis-infused products.

How did this happen? Much of the problem may be due to differences in the legal “adult use” marijuana markets in Washington and Colorado.

Click here to read the entire article on CNBC.

Leave a Reply

Your email address will not be published. Required fields are marked *

About Canna Magazine

This is the "wpengine" admin user that our staff uses to gain access to your admin area to provide support and troubleshooting. It can only be accessed by a button in our secure log that auto generates a password and dumps that password after the staff member has logged in. We have taken extreme measures to ensure that our own user is not going to be misused to harm any of our clients sites.




, , ,