First of all, don’t buy the whole ”patents come first” thing, a debate for another time. Secondly, “it can’t be emphasized enough” sounds awfully needy don’t you think?
James Leventis is an executive for Verano New Jersey.
Verano, who run two medical marijuana dispensaries in NJ, have aggressively pushed to be first in line for recreational sales. Their Deptford location, where medical cannabis goes for $472/oz, devoted half its retail space to recreational sales that haven’t started yet.
“I hate to say this,” Mr. Leventis recently warned,”but we may have to start destroying product (destined for the recreational market) and we may have to start potentially letting people go because part of the anticipation is you ramp up your staffing, as well” if regulators don’t green light recreational sales soon.
Verano is so committed to higher prices, they’re willing to blowtorch a warehouse full of weed to prove it.
If Verano NJ flooded the medical marketplace with all that extra weed (instead of destroying it) that might actually bring NJ’s medical cannabis prices down out of the rafters. But that probably never cross their mind.
Because that’s not how cartels think.