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Old 03-23-2023, 11:40 AM   #2558
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Marijuana shortage leads to soaring prices in Missouri

KANSAS CITY, Mo. (KCTV) - Things are getting high in Missouri for cannabis users in more than one way!

Less than two months into recreational pot being legal, there’s already a marijuana shortage and that’s leading to soaring prices.

It starts with cultivators not being able to keep up with demand, moves down the line to manufacturers paying more for what’s grown, and ultimately leads to higher checkout totals at dispensaries.

Missouri initially predicted around $50-60 million would be spent on cannabis. Now, we’re looking at $100 million being spent. We have eight bordering states, only one of which has legalized recreational use. So, demand coming in from outside of the state was not factored in and supply is suffering. Upwards of 40% all dollars spent in the KC area have been from Wyandotte and Johnson counties in Kansas.

So, how much will prices increase by? You can expect at least a 50-60% hike on most products. For example, a blunt pack that used to cost you $35 could cost you closer to $50 or $60.

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