Steven Schain of Smart-Counsel LLC. Cannabis' Plummeting Price-Per-Pound and the Rise of Delta-8 THC
Although forming America's sixth-largest crop yielding 48.8 million pounds of flower and $27 billion in legal sales annually, marijuana's plunging price-per-pound and the availability of cheaper, unregulated hemp-derived tetrahydrocannabinol (THC) products is thwarting the cannabis industry.
December 09, 2022 at 12:16 PM
10 minute read
Marijuana
Although forming America's sixth-largest crop yielding 48.8 million pounds of flower and $27 billion in legal sales annually, marijuana's plunging price-per-pound and the availability of cheaper, unregulated hemp-derived tetrahydrocannabinol (THC) products is thwarting the cannabis industry.
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