What Happens When Cannabis Becomes A Commodity?
I’m often asked to comment on whether or not cannabis will ever truly attain the status of a commodity. While the answer has generally been yes, we have a ways to go.
First of all, it’s necessary to understand what exactly a commodity is. For our purposes, and in the context of cannabis, we’re talking about a raw material or primary agricultural product that can be bought and sold. Modern examples of commodities include copper and coffee.