A new survey has revealed that if dispensaries raise weed prices to counter inflation, 54% of regular consumers would buy less cannabis. CBD Oracle's survey asked 1,450 Americans in adult-use states about the impact of inflation on their habits. The survey also revealed that while 83% of consumers would be willing to pay $30 for an eighth (3.5 g), only 57% would pay $40 for it.

"Unfortunately, our survey suggests there are tough times ahead for the cannabis industry," CBD Oracle's Mark Mellone stated, "Inflation is making it difficult to remain profitable, but with customers feeling the pinch too, any price increases will make some rethink …

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