Competition Bringing Down MMJ Prices in New Jersey

A pair of medical cannabis dispensaries that opened in New Jersey late last year have had a significant impact on the state’s MMJ industry, helping to lower prices and boost choices for patients.

Compassionate Sciences Alternative Treatment Center and Breakwater Treatment and Wellness Center, which both opened last fall, immediately instituted price-slashing measures, the Philadelphia Inquirer reported.

As a result, the average price of cannabis has fallen from $489 an ounce “down to the $300 range,” according to the report.

That could encourage more patients to sign up for the state’s MMJ program, as high prices have been an

Competition Bringing Down MMJ Prices in New Jersey is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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Competition Bringing Down MMJ Prices in New Jersey
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