Marijuana Vs. Alcohol: How The Two Industries Are Handling Inflation, And What That Means For Consumers

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Summary

If there are two things Americans can’t escape right now, it’s rising prices and the discussion of rising prices. In fact, marijuana prices are down. While the marijuana and alcohol industries have both been hit by rising costs and supply shortages, their prices are not growing at the same rate as many other consumer goods. There is no denying that inflation is dangerously high, with the most recent inflation rate at about 9.1% according to Bloomberg. One major difference between alcohol and marijuana is how it can be purchased and consumed.

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Both industries have their own set of inflation problems, and their own ways of coping. What does this mean for the consumer?

If there are two things Americans can’t escape right now, it’s rising prices and the discussion of rising prices. There is no denying that inflation is dangerously high, with the most recent inflation rate at about 9.1% according to Bloomberg. Still, not all areas of the economy are being affected in the same way. Take marijuana and alcohol, for example.

While the marijuana and alcohol industries...

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