PureFlowN2: Improving IO Extractor Production Rate with Nitrogen Assist
2022 saw the fall of cannabis prices across North America. According to Bloomberg,
"The retail price of a gram of marijuana dropped 13% to $9.43 in the third quarter of 2022 from $10.83 in the same period a year earlier — the steepest fall ever seen for marijuana in 12 months, according to BDSA. Wholesale price declines were even more dramatic, especially in more “mature” markets that have had legal programs for longer, BDSA data shows. Colorado's average price per pound has declined 51% since the fourth quarter of 2020. In Oregon, it’s down 36%." (Kary, Tiffany (December 2022). Cheap Weed Has Become a Big Problem in the Pot Industry. Bloomberg)
Falling prices put pressure on margins up and down the supply chain. This co-occurred as cannabis markets matured and consumers became more educated and demanded higher quality products. There is a clear need for increased throughput without compromising product quality.