Want a curmudgeonly old farts view? Y'all tune out if you don't.
What we're seeing here is the growing pains of a seedling industry ( pun intended) , and while it may have more far ranging implications this time around it is in reality not a great deal different than the periodic blitzs ( usually coinciding with an election) that we've undergone for decades , the major differing factors being the dramatic price swing and the "brink of legality" implications.
The fact that absolute *hordes* of folks with stars in their eyes , lotsa greed and unrealistic pipe dreams jumped in behind the MMJ movement and prop 19 definitely contributed to the situation.
But pendulums swing folks , and as the non-serious short-term folks and the profit pirates get out and contribute to the glut of cheap used equipment on the market it will eventually balance out and leave the dedicated quality oriented producers , and it's inevitably going to open the connoisseur market further , and once it IS legal and the large majors have jumped in that specific market will *explode*.
If we can wait it out long enough here's *our* advantage.....those " large majors" , i.e. Big Tobacco and Big Pharma *cannot* do waht we do. You won't see Phillip Morris producing much beyond mass " warehouse weed" , t'ain't agonna be any *real* landrace Colombian in those " Colombian Gold Filters" , we all know that they're unlikely to go the finish time. Thes people will bring a whole new meaning to the term " commercial weed".
Here's another prediction , those massive tracts of land that rumors say have been purchased be these majors within the Emerald Triangle will be a ***MASSIVE*** failure for them , not going to be able to deal with all the factors on the scale they'll need. They'll end up with huge factory style hydro or out on the Central Valley ripping out orange groves.
And look for 'em to start attempting to trademark certain " names" , keep in mind that certain seedmakers have already started with the end user licensing agreement crap.
I'll leave you with the scariest thought of all , Monsanto is rumored to be carefully evaluating the *worldwide* profit potential of cannabis.
The Roller Coaster is just starting........