Tren Griffin @trengriffin I work for Microsoft. Previously I was a partner at Eagle River, a private equity firm established by Craig McCaw. I am on the board of directors of Kymeta. Feb. 01, 2020 1 min read

"By the end of 2019, Colorado cannabis cultivation licenses dropped 8% to 683 businesses. The average market rate slumped to a low of $759 per pound in 2018 after peaking at $2,007 in early 2015. That rate has rebounded to $1,316." 

"LivWell is building large-scale indoor cannabis growing rooms in Colorado and Oregon. The new rooms have 30- to 40-foot-high ceilings and state-of-the-art LED lighting cool enough to sit close to the plants." 

In his “Five Minute University” routine on Saturday Night Live “Father Guido Sarducci” pointed out: “Economics? Supply and Demand. That’s it.'” 

It's almost as if there is another untaxed source of supply.

"black-market pot sales outpaced legal revenue by a ratio of nearly 3-to-1 (an estimated $8.7 billion versus an estimated $3.1 billion for legal weed in 2019)." 

You can follow @trengriffin.


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