The CBD Bust is Already Happening

  1. Legalization occurs suddenly
  2. Prices spike due to immediate increase of demand and limited supply
  3. Farms raise capital and universally increase production based on inflated prices
  4. Due to the seasonality of farming no one knows how much other farms are producing Unfortunately, everyone ramped production at the same time
  5. Harvest occurs, prices crash
  6. Farms go out of business

--

--

--

Love podcasts or audiobooks? Learn on the go with our new app.

Recommended from Medium

What Do Big Mac Prices Tell Us About True Inflation?

A picture of a McDonalds sign set against the background of a gloomy sky.

Reaction 3

Fiat as a Stable Source of Value is a Myth

In Crisis Britain, The Conservative Government’s Slow Collapse Defies Gravity

How extreme prudence and misguided risk-management sent the USS into crisis

Zeitgeist March 2020

“October Curse”: Horror Story or Reality?

Investors are welcome to beef cattle breeding.

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Alex Collins

Alex Collins

More from Medium

It’s Starting To Turn Around

It was near the end of 2017 after looking at a photograph of myself at a family members wedding…

7 things to do before moving from Hawaii

To Breathe or Not To Breathe: