New York is a Tough Market for Legal Weed. Is That Why MedMen Dropped its Prices?

New York is a Tough Market for Legal Weed. Is That Why MedMen Dropped its Prices?

MedMen recently dropped its prices at its New York flagship dispensary in midtown Manhattan. This was no ordinary discount. The decline was sudden and steep. MedMen dropped its price from $86 to $54 for a 400 mg vape cartridge, and from $53 to $37 for a 30-capsule bottle. Those are dramatic, double-digit declines of 37% and 30%. At first, patients might have assumed it was the vape crisis, but that couldn’t be it, because capsules got a price cut, too. Why was MedMen lowering its prices? This happened shortly before the company announced it was laying off 190 workers, or…

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Source : HIghtimes main
Link to original : New York is a Tough Market for Legal Weed. Is That Why MedMen Dropped its Prices?
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