So a 'collective' forms to produce and distribute cannabis in a region that's legal. They invest $750,000.00. It costs them $50.00 to produce one lb of herb. A private grower without investment can produce the same amount of cannabis, higher quality I might add, for lets say $900.00 a lb. They add on their cost of living making the total $1500.00 a lb. The collective sells their commercial product at $1400.00 undercutting the private grower by $100.00.
The private grower attempts to compete not realizing it's costing the collective 50.00 to produce a lb. The private grower goes out of business and the collective raises it's price. I thought we were all supposed to be cool stoners and shit? It's clear that much of the current turmoil in the industry is the desperation of these investors just trying to get back their $750,000.00
