Marijuana prices plummeting

In short - it’s a great time to be a pot smoker and a challenging time to be on the retail side in Michigan. “Let’s just say I could come in to this dispensary now and buy an eighth every time,” said Yahna Fargo, a cannabis consumer and regular customer at the newly-opened Planet Jane dispensary in Ypsilanti. She’s been buying cannabis from Michigan’s recreational market for about a year now, and has been coming to Planet Jane since it opened four months ago. With loyalty points and special promotions, Fargo is getting more for her money right now. “Then they’ve got 20 percent off days,” she said, stopping in to buy some product Wednesday afternoon. It’s no surprise that consumers are loving this price drive. For business owners, it’s more complicated.