There is a few things i think are at work…
This isnt very far off from 2017-2018 prices. For some reason in 2019-2020, cannabis went up to some crazy prices. Id say the price of weed has drop consistently from 2009 to 2018 when we saw a huge spike in prices…
Also, we now have OK and they are growing massive plots… in the past as Cali dried out, so did the market… NOW, OK has stepped up and probably produced as much as Cali and Oregon and we have now a slight surplus in the system. Other States like MI and WA are able to support there neighboring illegal states and the market has sort clammed like @pdxcanna has eluded.
i remember in the early 2000 when beasters where very popular in the US… im sure most of the cross border imports are no longer worth it and that has messed with the canadian and mexican borders…
Plus, the covid money is starting to dry up with inflation… products and services are much higher priced which makes us want less of them…
its gonna be a few good years in Cannabis…im interested in seeing how this plays out over the next year or so…
Im personally happy that weed is coming down… Rosin Prices are still HIGH… People should be exploiting the price difference right now with cheap flower and super expensive rosin!