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USA: Experts say medical marijuana prices will go down as industry grows

"Ohio’s first two weeks of medical marijuana sales brought high prices on a limited supply because of a lack of growers, testing labs and processors", observed Thomas Rosenberg, executive director of the National Cannabis Industry Association.

The first Ohioans to purchase medical marijuana forked over $45 to $50 for a tenth of an ounce, but the price is sure to decrease, Rosenberger said.

“Once we have more cultivators, once they are able to use their scale - all those sorts of factors come into play - that number is going to come down,” he said.

Dispensaries in Illinois, Michigan and Pennsylvania with newer programs also experienced higher initial costs. A current review of online pricing guides shows the cost of medical marijuana pricing in those states ranging from $200 to $400 an ounce.

Source: springfieldnewssun.com

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