I’d say that prohibition for decades created a steady supply/demand that set black market prices as they are.
Yes it should have easily gone down in price since legalization has taken hold in the last decade but there are so many factors involved.
Black markets still hold a huge sway on prices, someone in a legal state can just scoot their “legal” product across state lines to illegal markets.
I don’t think we’ll see a significant price decrease commercially (or otherwise) any time soon.
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