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X-Maelstrom-X t1_j09yrak wrote

Reply to comment by CaptainJackWagons in Recreational cannabis prices in Mass. plummet as dispensary owners weigh future by bostondotcom

It’s a massive bubble. Way too many businesses and none of them are really adding anything special to the market. I’m from Oklahoma and we don’t even have legal recreational yet, only medicinal, but there are still two dispensaries on every street. They’re like Starbucks at this point.

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CaptainJackWagons t1_j0ad7w0 wrote

Soon they'll be as ubiquitous as liquor stores.

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deadliftothersup t1_j0bph1e wrote

That might also indicate that this might not be such a crazy bubble as well. Convenience and liquor stores don't individually add anything special to the snacks and booze markets, but people enjoy convenience much the same. They won't make VC startup money, but it could simply turn into lower profit margin steady business.

We can only hope that it doesn't all end up consolidated.

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