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highplainsdem

(55,166 posts)
Thu Apr 3, 2025, 05:40 PM 21 hrs ago

High just got higher: Trump tariffs to raise prices for US cannabis users

Source: Reuters

-snip-

Sweeping tariffs imposed by U.S. President Donald Trump on Wednesday are set to increase prices of cannabis products in the country, as many firms rely on Asia for manufacturing. The latest levies will stack up on any duties imposed earlier on countries like China, Canada, Mexico and the EU.

Items such as tins, vape hardware and specialized glass remain difficult to source domestically, and companies remain largely dependent on Asia particularly China, analysts and executives said.

-snip-

Most of these tariff costs will be passed to consumers. The higher costs will likely drive more consumers to the illicit market, further denting margins for legal cannabis firms.

"Most cannabis businesses don't have the margin flexibility to absorb a 10%-15% increase," said Mike Forenza, managing partner at AE Global, which makes packaging products for cannabis firms.

-snip-

Read more: https://www.reuters.com/business/retail-consumer/high-just-got-higher-trump-tariffs-raise-prices-us-cannabis-users-2025-04-03/

9 replies = new reply since forum marked as read
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High just got higher: Trump tariffs to raise prices for US cannabis users (Original Post) highplainsdem 21 hrs ago OP
I'm just surprised that the Cotton Mather-ass repricklickans don't want to roll back legalization Montauk6 21 hrs ago #1
I am too, especially since legalization is a mostly Blue State thing. Midnight Writer 19 hrs ago #5
Alright that did it ButchMcMuffin 21 hrs ago #2
This shouldn't affect the price of flower, it's grown locally, and vape oil is produced here too. lark 20 hrs ago #3
I grow my own. Woodwizard 19 hrs ago #4
Me too and they'll shoot me where I live in IN lol n/t Cheezoholic 17 hrs ago #6
Just give me a BIC pen... Woodycall 16 hrs ago #7
You're like a stoner MacGyver. LudwigPastorius 15 hrs ago #8
That's ridiculous. bluedigger 14 hrs ago #9

Montauk6

(8,986 posts)
1. I'm just surprised that the Cotton Mather-ass repricklickans don't want to roll back legalization
Thu Apr 3, 2025, 05:58 PM
21 hrs ago

Midnight Writer

(23,616 posts)
5. I am too, especially since legalization is a mostly Blue State thing.
Thu Apr 3, 2025, 07:52 PM
19 hrs ago

I figure he will go after anything that makes life a little more tolerable.

Except for Elon and his ketamine. They will be exempt.

lark

(24,779 posts)
3. This shouldn't affect the price of flower, it's grown locally, and vape oil is produced here too.
Thu Apr 3, 2025, 06:48 PM
20 hrs ago

An increase in the cost of batteries won't kill us, they are cheap. I don't use the more exotic products like shatter or wax & those have more specialized gear and it costs more. I think those folks that use this stuff will feel this more than others.

Woodwizard

(1,154 posts)
4. I grow my own.
Thu Apr 3, 2025, 07:46 PM
19 hrs ago

Perfectly legal in NY. Been cloning 2 plants I started from seed two years ago. Blue Dream, best I have grown yet.

The cutting plants will go out in the garden close to June.

Woodycall

(443 posts)
7. Just give me a BIC pen...
Thu Apr 3, 2025, 11:11 PM
16 hrs ago

...and a roll of aluminum foil and I'll make you a serviceable pipe in under 2 minutes!

bluedigger

(17,219 posts)
9. That's ridiculous.
Fri Apr 4, 2025, 12:39 AM
14 hrs ago

As long as the pot is grown here, fears of a black market in paraphernalia are a pipe dream. If any industry can be rehomed quickly, it's the bong industry.

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