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Showing posts with the label Economics of Medical Marijuana

Lower Prices for Better Bud? Market Prices for Marijuana Approach Equilibrium

The cannabis trade and other businesses associated with the legal use of marijuana  for medicinal purposes as deemed appropriate by a licensed doctor in legal medical marijuana states, especially in Colorado and California, has quickly become a booming industry.  To get an idea of just how fast this industry has grown, consider that it has been under three years since Colorado legalized the use of medical marijuana and dispensaries began popping up across the state, and already Colorado medical marijuana dispensaries out number Starbucks locations in the state by nearly five to one. According to the medical marijuana dispensary or cannabis cannabis clinics interviewed on the CNBC Special, Marijuana USA, a  sequel to Marijuana Inc.,  the networks most watched documentary every, marijuana prices began to drop with the upsurge in the number of medical marijuana dispensaries, MMJ patients and marijuana cultivators as more U.S. states opt to become legal medical marijuana states. Marij

Colorado Marijuana Dispensaries Map