I could never afford to buy the amounts I need to feel human, so I opted to grow my own.
That should be a bigger concern for those looking for profits.
My weed guy lost a large chunk of revenue when I finally started to grow my own.
Funny thing is, if he insisted on high quality, potent herb from his supplier, I might have continued to buy from him.
But my herb (grown from bagseed that came in the weed I bought from him) blew him away when I'd bring it around for him to sample.
One day, his supplier showed up while we were toking on some of mine and he handed the guy a pipe with a fresh bowl and said, "Dude, you gotta try this. It was grown from s33ds that came out of a batch of your stuff from last time."
The guy took two hits, his eyes widened, and he said, "Holy shit. That's fucking good."
I could see a bit of sadness creep over him as he realized his days as a grower were numbered (he had grown & sold for almost 30 years by that time).
There will always be those in need who can't, or won't, grow their own, so the market will always be there, but prices will only go down as more are allowed to grow without fear of prosecution.
Another seller (and grower) found demand for his herb fall to the floor, even though it was top shelf. He could hardly sell any of it for 150 a zip, and ended up with 4 or 5 elbows stored away in his freezer.
His regular customers would stop by, ask for a bowl to sample, ask the price, and then say, "Nah, I think I'll go down the road to so-and-so's place."
Not sure if he even tries to sell anymore.
It is definitely becoming a buyers market.
A bummer for the sellers, but good for the buyers who don't want such a large portion of their hard earned money to be used for cannabis.
I think the last time I calculated it out, I was paying about $30 per ounce to grow my own here in Oregon, and that was before going organic, so it is much less now.
If I can grow outdoors, well, that will end up costing me only some starter s33ds (which I can breed from later to get "free" s33ds), and home made compost, and some commercial amendments for the soil.