With the completion of the first legal outdoor marijuana harvest, there is an over abundance of product available to the retail stores. This has caused a flip in the market.
“It’s an economic nightmare,” says Andrew Seitz, general manager at Dutch Brothers Farms in Seattle.
State data show that licensed growers had harvested 31,000 pounds of bud as of Thursday, but Washington’s relatively few legal pot shops have sold less than one-fifth of that. Many of the state’s marijuana users have stuck with the untaxed or much-lesser-taxed pot they get from black market dealers or unregulated medical dispensaries — limiting how quickly product moves off the shelves of legal stores.
Read more here in the Yahoo News article: http://news.yahoo.com/growers-struggle-glut-legal-pot-washington-state-061115131–finance.html