Washington’s Surplus Of Marijuana

WASHINGTON:  Scott Masengill has a license to grow pot on his farm in Benton County. He was the first in our area to do so and last year, he didn’t know what the future would hold for the budding industry.

“I thought that there would be challenges selling product early on but I had no idea knowing when we would hit that point,” said Scott.

The fall harvest resulted in a surplus of weed. It’s a shift from when stores first opened. Back then, there was a challenge to stock their shelves. Now, there’s more than enough to go around.

“Supply and demand dictates price and you’ve got an oversupply, the price will come down and when that balance shifts back the other way, the price goes up.”