As long as there are middlemen, prices will be over $300 PLUS TAX. Friends in British Columbia went through the glut phase when Bushco locked up the Canadian border, stranding many tons of BC bud in Canada.
Prices dropped rapidly, but never below $2K Canadian, from the producer.
Indoor growers would be working very cheap, below that.
Say the same applies here.
Standard 100% markup makes it $4k a pound. Add another 20%(a guess) for taxes = $4800/lb.
$300/oz.
It isn't going to get cheaper.
I tried growing tobacco, once, just to see what was involved. I gave up about half way through. I don't think California is good for tobacco. The plants never really took off.
Growing pot requires about half the work. Especially the curing process which is lengthy and touchy for the real killer weed.