That Week Pennsylvania Launched Its Medical Marijuana Program
According to Steve Schain, a senior attorney in Philadelphia with the Hoban Law Group, Pennsylvania producers spend far more than producers in other states.
“Number one, the real issue is the price per pound dropping. That’s gonna cause a problem when marijuana in Pennsylvania costs $1,600 per pound to produce and the same pound costs $500 to produce in California,” said Schain.
“[Going forward] The greatest threat to the industry is how are you gonna compete? If you could get a gallon of gas for 50 cents, what would happen to every gas station in western Pennsylvania? They’d go out of business. When the industry gets to a more mature level, you’re gonna see a price war. You’ll see mega-farms in California which will hurt mid-sized and small growers.”