Cannabis Prices Hit New Lows as Market Matures

Across legalized cannabis markets in North America, a quiet economic transformation is unfolding: what was once a scarce, risk-inflated commodity has normalized into something closer to corn or wheat, priced by supply and competition rather than by danger and scarcity. The New York Times analysis of recreational drug pricing reveals the familiar arc of a maturing industry — abundance arriving faster than demand, margins compressing, and the small producer giving way to the industrial one. The deeper question this moment poses is not merely economic but moral: when a substance becomes affordabl