http://www.steephilllab.com/industry...t-oct-2010.pdf
Here goes Steep Hill Lab's report, They cover some of the possible affects of Prop on 19 on medical Cannabis.
"1- Shrinking of doctors’ sector. It seems feasible that if patients can get their cannabis without a doctor’s recommendation, they will do so.
2- Reduction of cannabis price overall. While this seems inevitable, Prop. 19 passing or not, the passing could speed up the process. Low income patients who cannot afford recommendations would be able to utilize local dispensaries. The increased demand would be met with increased supply and increased competition from dispensaries. This is a recipe for lower prices on the retail side.
3- Increased effort from outdoor growers to market their products. Outdoor cannabis is far cheaper to produce than indoor. With more price declines, outdoor cannabis becomes more competitive. Technological advances in outdoor growing are already closing the gap between indoor and high- end outdoor quality cannabis. With marketing, consumers may begin to migrate back to outdoor cannabis.
4- Expansion of capital investment from other industries. Investors are waiting for legalization. Hundreds of millions of dollars will flow into the industry over the next five years."
Big up the researchers! Some really interesting ideas here, like the outdoor gaining in popularity. GO STEEP HILL LAB!
