Marijuana Growers are Running into Problems, Too Much Product - NBC Right Now/KNDO/KNDU Tri-Cities, Yakima, WA |

Marijuana Growers are Running into Problems, Too Much Product

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While many growers are struggling, it could mean good business for retailers. While many growers are struggling, it could mean good business for retailers.
WASHINGTON- 2014 was a roller coaster year for Washington's marijuana industry.  When stores opened last summer, product supply was tight, but now, there is too much marijuana.

This situation is actually a good and a bad thing, and it is also something new that these retailers and growers have not faced yet.  Overall, more product, might mean cheaper prices for customers.

In July, recreational marijuana stores officially opened in the state of Washington.  It was sold at some pretty high prices when it first started.  There were not that many growers, so product was in high demand.

Altitude in Prosser, Washington used to sell two grams for $75, now in January, they sell them for $35-$40, all because there are more growers and more product.

"It's a little overwhelming to have so much product in the market, but in the same sense, it's giving so many different options for different uses, and it's really great,” said Altitude store manager Taunya Harris.

Not only that, but they expect more and more people to buy because those prices are cheaper, which means more business for them.  That means it is a good thing for retailers.

"The market is very plentiful, as you would say, and I don't see it ending anytime soon,” said Harris.

That is not the case for growers.

"There's no outlet for their products, regardless of how good they are because everybody else has so much product," said Susy Wilson, owner of WOW Weed, a marijuana grower.

WOW Weed is not one of the ones hurting, but others are.

It is something the growers are dealing with for the first time.  This is still only their first year, so they are not sure what to expect.

"They're hoping that some of the buds will get sold in the next few months and that maybe they can ride out the storm,” said Wilson.

Overall, retailers said this could be a good thing for the marijuana consumers out there and for the overall business of the market, but for the growers, this could be a hard couple of months ahead for them.
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