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Legalization of cannabis is no doubt a positive step forward in the rapidly growing industry, but its lower prices are garnering different reactions for the states that tax legal marijuana sales. As reported by Bloomberg, marijuana prices are dropping...

Cannabis prices are going to pot. Continue Reading Below As increasingly more marijuana growers entered the market and more states allowed residents to legally grow marijuana, cannabis prices dropped throughout 2016. Wholesale marijuana prices late...

Colorado marijuana prices see huge drop, drug cartels reeling Quote:The good news on marijuana legalization in Colorado keeps rolling in, this time in the form of lower prices for the drug. In fact, in some cases it’s down as much as 40 percent--not...

Prior to the 2012 election in which Washington voters passed a marijuana legalization initiative, state officials estimated that legalization would generate up to $560 million in new tax revenue in its first year, with the expected state income projected...

For the week ended Friday, September 25, the spot price index for a pound of cannabis dropped by $185 (9%) from $1,948 in the prior week to $1,849. Two weeks ago the price of a pound of cannabis reached a seasonal high of $2,133 per pound, and that is...