Marijuana industry struggling with low demand
Marijuana industry struggling with low demand
As cannabis enthusiasts around the world celebrate marijuana this 4/20 where it’s legal, not everyone is feeling festive as a number of legal marijuana growers say their industry is under financial stress. FOX’s Ted Lindner takes a closer look into the struggling industry.
Subscribe to FOX 26 Houston: https://www.youtube.com/myfoxhouston26?sub_confirmation=1
Watch FOX 26 Houston Live: https://www.fox26houston.com/live
Houston area news, weather, traffic, sports and breaking news from FOX 26 Houston. Watch news and local programming daily from KRIV.
Watch more FOX 26 Houston on YouTube:
What’s Your Point?: https://www.youtube.com/playlist?list=PLzU9hsam67vZXZPhBKz8g7NmLspNSCJMW
Isiah Factor Uncensored: https://www.youtube.com/playlist?list=PLzU9hsam67vZy1iMI2wiIa4988tnEqoS7
Positively Houston: https://www.youtube.com/playlist?list=PLzU9hsam67vYgxB8_wTc4NdcTBGfe60N_
Download the FOX 26 Houston News app: https://fox26houston.onelink.me/xslh?pid=social&c=youtube&af_web_dp=https%3A%2F%2Fwww.fox26houston.com%2Fapps
Download the FOX 26 Houston Weather app: https://www.fox26houston.com/apps
Follow FOX 26 Houston on Facebook: https://www.facebook.com/fox26houston
Follow FOX 26 Houston on Twitter: https://www.twitter.com/fox26houston
Follow FOX 26 Houston on Instagram: https://www.instagram.com/fox26houston
Subscribe to the FOX 26 Houston newsletter: https://www.fox26houston.com/newsletters
Itβs high on demand, the government wants to control everything making it more expensive. There is no reason to overtax weed or complicate how to get a damn license.
I mean its obvious that the federal government is trying to starve these people out simply because its more successful than they want it to be. Look at the big picture they are using every loophole possible in favor of those who dont agree with cannabis.
I am SO SICK of the "cash grab" surrounded by legal cannabis. I don’t feel bad at all if you loose your shirt investing in weed. We ALL know this is a long drawn out process and the rich jumped on the ban wagon to try and be top dog in the market. I don’t care that you got rich and I don’t care if you loose it all.
Goood locking black men up for years so yβall can legalize for profit is so funnnnnnnny πππππππππππππππππππππππππππππππππππππ
you can growth for your self no point for buying, believe me even not a good top shelf you still got good weed.
just get high from your own supply
Florida help us build a marijuana business
lower your price
Because trulieve and others have great deals. Smaller companies canβt match these deals. Even sunny side has great deals. Not very hard to search online for the best deals going on. No different from Walmart vs a high end grocery store. Both sell the same product just one feels itβs worth more which is why they do less business.
So what happens is that they make Cannabis legal in a State and people go crazy for a couple week’s so the sales are big $$$ then after a month or two all that Hyped starts going down and so do the sales ππ you can’t expect people to buy cannabis all week long
They have rent and bill’s to pay Lmao they might be able to buy a couple Grams in a month but people have a Life and not everything is about smoking weed all the time
Start selling a oz for 50 bucks how they did with Reggie back in the day
The problem is that weed isnβt a necessity so when inflation kicked in and people start strategizing and prioritizing their spending habits marijuana just doesnβt fit in the expensesβ¦most people simply canβt afford to buy it right now and if they can they cant buy as much as usual so in return of that business slows down tremendouslyβ¦.the only business that will continue to flourish through recession are the essentials the markets that we canβt live without like food, gas, shipment Ect.
Over priced garbage just what we need.
Keep trying to monopolize it and let greed come from billionaires who know nothing about it
TURN IT INTO EDIBLES ,CARTRIDGES, WAX .ECT
weed at cocaine prices.
I still prefer buying it legal. I don’t like taking risks just for cannabis.
It’s amazing how long they’ve managed to drag their feet on legalization. It’s like everything else with this government now. We’re supposed to spend 20 or even 30 years debating things before anything happens. It doesn’t matter what voters want. In the case of marijuana legalization, polling has shown that majorities support it, even among Republican voters. It’s not legalized because only interest groups and wealthy donors matter. They can’t even manage something as simple as weed legalization so there’s little hope they can accomplish anything else voters want. It’s a joke. And of course you’re going to have low demand when people are expected to pay 70 bucks for an 1/8th.
People got smart they grow their own
To many grower’s that’s the reason. And bring a smoker of the weeds i can tell you it All turning to crap. You gotta search for good cheaper weeds. Get the shitty weeds out maybe they can make it? Other than that. It’s easier to grow your weeds yourself.
The dispo is selling flat pop no fiz. All this cloning and growing for mass production is killing the purpose because you dont get high
Itβs cheaper to buy it on the streets, thatβs why.
*Too Easy to grow at home these days. One 4x4x7 grow tent with LEDS can make 800 grams of premium bud a year in the corner of a master bedroom closet. Auto flower seeds are bullet proof and dirt cheap from ‘Fortuna Hemp’.*
Snoop dog would beg to differ.
Let me get a free pound of weedππ
But not in Florida
Marijuana is a spanish word and ILLEGAL to use in US English Common Laws. All marijuana laws are automatically nule and void for not defining the plant in English. Law 101.
States are making too much on the tax of cannabis. States want the money but don’t do anything for the communities where the tax is collected. We have had a homeless problem for many years now, why can’t cannabis tax do something meaningful to make our communities safer
Lower prices then.
Bull people just go to the black marjet when stores get greedy
Yeah i use to go to this dispensary in houston but their prices are way too high for 3 grams they want like $60 its good weed but im not paying that much. Id honestly rather buy from my main guys on the street where the weed is WAY cheaper and has the same quality. But the government is fucking over the weed industry
Nevada 2017 hey dispensary grams 3.5 1 gram ok 13plus tax nelson lerena 34 las vegas seee
To expensive. In Vermont there is a pot tax and a state tax. For a 1g of oil vape its 75.00 plus 8.50 for pot tax and 7.80 in state tax unreal who can afford it π€ π³
The my bleeding yall out to sell it themselves
It’s not low demand.
It’s over growing and flooding the market.
And it’s not selling cause most of it is π© product.
Also the clown that made the comment that he can grow a pound for 30 bucks, doesn’t know his ass from his elbow.
Dude they just need to sell thier stuff for cheaper and look for better growers because first thier weed ia dry af and over priced unlike your regular pulg down the street he’ll sell you and 8th for 20-30 and its gonna be some bomb ass weed
Meanwhile KC has a thriving cannabis industry. $834 million since February.
i can take care of that
Have it ban all the way to whole usa if not they are being jailed and lawyers cant stop them and the lawyers be jailed for health threat a child or children dont matter what the health is for others same with parents .
ngl that weed looks good in them buckets, i dont even smoke!
I think it’s better illegal. This is another federal cash cow. MN put a 10% tax on any cannabis product and I’m sure the feds have a tax schedule all figured out. I was using CBD for arthritis and neuropathy. Not no more, it’s too damn expensive!
Grow outdoors or dont grow
Because the prices are all over the board.. There needs to be an iso standard on the price!
Low demand my ass, it’s everywhere.πππ
Low demand my ass
I live in NJ. Cannabis is both recreational and medicinal. I don’t normally go to dispensary bc they are highly expensive. So I usually get my cannabis from a legit adult grower.
The commercial pot is too strong. Makes the feeling unpleasant. They need to resurrect the great Mexican weed of the old days!
more people would buy if it didn’t cost so damn much
Iβve had worse weed from legal states than bad weed that was illegal
CALIFORNIA TAXES it to death that is why their legal market is hurting.