Yes, and I think the answer is economies of scale. While I'm here, my students are touring a Colorado grow facility of several hundred thousand square feet. They can achieve economies of scale there such that the concern now is whether the price is going to drop too low. Do we need to set a price floor because marijuana will be so cheap that export out of state or resale to youth is going to become a problem? Notwithstanding taxes, the price is still falling significantly.
On September 12th, 2017. See this statement in context.