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The glut was certainly foreseeable—that’s what happens when there is pent up demand. People invariably overproduce. It will take about 5-10 years for the industry to settle out. In the meantime, maybe a trip to Oregon is in order!
What was remarkable to me is how fast the stores sprang up everywhere out here—virtually overnight, fully stocked, with supply chains hitting on all cylinders. That made me realize how extensive and well established as a fully formed underground industry.
I think cannabis has a great future in medicine, and hope the feds stop flogging this dead horse and decriminalize it nationwide.
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