How a cannabis crash is weeding out the field, while it's a slow burn for others trying to survive
How a cannabis crash is weeding out the field, while it's a slow burn for others trying to survive
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I'd say that's kind of expected in an industry that's created essentially out of nothing. It was a weed rush, some are winners, but many are losers. Sure there's regulatory burden, but that was known going into it.
I feel like weed shops will soon go the way of the many frozen yogurt shops of a decade ago.
Especially given the lack of ways to really differentiate your product, it was bound to become increasingly commodified and end up with a few producers who manage to operate efficiently and the rest going under.
Honestly I’d kinda be glad if, when I go to the store, I’m not met with 65 completely identical options and have to explain to the pot sommelier that I just would like some pot please, and that the 16 creative adjectives that have been affixed to the front of the word “preroll” are largely inconsequential to me.
I find the thing about the yogurt shops a little ironic, considering a decade ago, TCBY was the only frozen yogurt place I had ever heard of and now in my area, there are still those and 3 other chains of frozen yogurt stores that have made it so there are 3 more yogurt stores than weed dispensaries in town. lol