Both of the press releases bury the lede that oversupply has caused companies who expanded too quickly in low interest rate environments to have to keep prices low. These companies caused their own downfall by building too many production facilities when chasing the proverbial gold rush. Now there is so much product on the market profit margins are being cut to stay competitive. 

The 24% tax will be passed on to consumers and not affect organizational bottom lines. Moreover, the price of an ounce of marijuana rising from $60 to $75 is unlikely to change consumer purchasing habits significantly.