NEWS BRIEF

Washington Cannabis Stores Bursting With Inventory

After an initial shortfall of recreational cannabis in Washington State, some retail stores now have so much inventory that they’re turning down growers.

Chalk it up to a huge spike in supply as licensed cultivation businesses – particularly outdoor growers – complete their first major harvests.

The supply pipeline is so strong now that one store owner in Vancouver told a local newspaper that he will “never run out of product again.”

, Washington Cannabis Stores Bursting With Inventory

The entrance of more growers into the market has led to a noticeable drop in prices at the wholesale and retail levels. Some stores, for instance, have been able to lower prices on certain strains to less than $20 a gram vs. $38 a week ago.

Washington’s new recreational market struggled after launching in July amid a severe shortage of cannabis, leading to accusations of price gouging.

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