Illinois Cannabis Prices Are Dropping, But Is the Industry in Trouble? | Elevated News Ep 162
๐ง Illinois cannabis sales fell to $1.5B while customers bought more at lower prices. Aaron and Dave break down the Illinois state report, a $10M Missouri cannabis verdict, and California weed on Jamaica's customs radar. ๐ฟ
Is cheaper weed a win for you or a warning sign for the whole industry? ๐ Dispensaries are multiplying, prices are compressing, big MSOs keep swallowing small operators, and now stores across Illinois can sell medical. We talk about what that means for patients, home growers, and craft cultivators.
We also head to Missouri for a sprawling ownership fight that ended in a $10 million jury award, then to Jamaica, where customs is flagging high THC California cannabis. ๐ฏ๐ฒ
Plus Dave's Conditional Cannabis Corner is all about sleep: what to inhale, what to eat, and how to stay asleep all night. ๐ด
โฑ๏ธ CHAPTERS
00:00 intro
00:58 This is not shoe talk ๐
03:41 Shouts to Dr Dabber and NomadIL
05:16 Plugs
06:52 Spotify comments
08:24 Youtube comments
19:16 Illinois map of medical dispensaries: more medical than rec!
21:43 Illinois cannabis customers bought more at lower prices, while sales revenue and taxes fell, new state report shows
32:36 St. Louis jury awards $10 million in sprawling Missouri cannabis ownership fight
39:38 Californian cannabis on Customs radar
46:10 Dave's conditional cannabis corner: Cannabis helps with sleep
54:19 Wrapping up
55:14 Doughnuts ๐ฉ
๐ฐ NEWS WE COVERED
Chicago Tribune: https://www.chicagotribune.com/2026/10/11/illinois-cannabis-customers-bought-more-at-lower-prices-while-sales-revenue-and-taxes-fell-new-state-report-shows/
Missouri Independent: https://missouriindependent.com/2026/10/06/st-louis-jury-awards-10-million-in-sprawling-missouri-cannabis-ownership-fight/
Jamaica Gleaner: https://jamaica-gleaner.com/article/news/20261011/californian-cannabis-customs-radar
๐ฌ Listening on Spotify? Leave a comment or rate the show. On Apple Podcasts, a review helps more than you know. Tell us: are lower prices worth it if it means more consolidation? Share this episode with a friend who still pays full price. ๐
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This video is intended for educational, informational, documentary, and entertainment purposes only.All cannabis products discussed or reviewed in this video were obtained and consumed legally in compliance with applicable state laws by adults 21 years of age or older.
The Elevated News Podcast and My Bud Jon do not sell, distribute, promote illegal activity, or encourage the misuse of cannabis or any controlled substances.
Any opinions expressed are those of the hosts and guests and are not intended as medical, legal, or financial advice. Always consult qualified professionals regarding your specific situation.
For mature audiences only. Viewer discretion is advised.
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