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Why Tobacco Prices are rising in the U.S. while those for weed are dropping — and what that Means for Consumers

1 minute reading time (130 words)
taxes

Tax collected from cannabis is oftentimes used for programs that tend to benefit the U.S. state in which the weed is purchased.

People who are frequent cannabis purchasers in the U.S. have likely noticed that some of their favourite cannabis products have stayed the same price, or even gone down over the last year.

An initial reaction is likely not to ask too many questions, but, instead, to buy as much as possible and leave both with cannabis and a bag full of savings.

Cannabis prices have, indeed, decreased or at least stayed stable recently. So, why is such a highly taxed product like marijuana not going up in price while the tab for tobacco, another taxed and regulated substance, continues to climb?

(Originally posted by Cannabis News)

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