Cannabis sales in Washington fall for 5th year amid oversupply and declining prices скачать в хорошем качестве

Cannabis sales in Washington fall for 5th year amid oversupply and declining prices

Cannabis sales across Washington have been on a downward trend for five consecutive years, with no signs of stopping, according to the Washington Department of Revenue. According to the Washington Liquor and Cannabis Board (WLCB), the decline in sales largely relates to an oversupply of cannabis, which has driven prices down and reduced overall revenue to pre-pandemic levels. "The price of cannabis is going down, and the price of everything else is going up," said Ocean Greens, owner of a north Seattle pot shop. The Washington Department of Revenue reported that $277 million worth of cannabis was sold statewide in the first quarter of this year. That figure is nearly $100 million less than in 2021, when sales peaked during the pandemic. Additionally, statewide sales numbers show yearly cannabis sales have declined annually since 2021. -------------------------------------------------- For more on the story: https://komonews.com/news/local/washi... _______________ Stay up to date with our social media: KOMO News on Facebook:   / komonews   KOMO News on Twitter:   / komonews   KOMO News on Instagram:   / komo4   KOMO News on TikTok:   / komo4seattle   Subscribe to KOMO on YouTube:    / @komonews   Watch more top local news stories:    • Видео   For all of the day’s top local and national news, visit http://www.komonews.com/ Watch our live newscasts and other live video at https://komonews.com/watch Download our iOS App: https://itunes.apple.com/us/app/komo-... Download our Android App: https://play.google.com/store/apps/de... Have a news tip? Send it directly to us: Email us: [email protected] Call the Newsroom: 206.404.4000 KOMO News (ABC 4) provides the latest breaking news, sports, weather, traffic, and local event coverage in the Seattle and Western Washington/Puget Sound area, including Bellevue, Redmond, Renton, Kent, Tacoma, Bellingham, Yakima, and surrounding communities. Tune into ARC Seattle Monday-Friday 7-10 a.m. and 10-11 p.m. on KUNS, The CW Network. #komo #komonews #komo4 #komo4news #seattle #seattlenews #washingtonnews #cannabis #weed #pot #drugs #revenue #smoking Ryan Simms This video and all Sinclair Broadcast Group content archives of local news and sports coverage are available for your use. For more information, contact us at [email protected]