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Jul 24, 2023 · The state’s legislature tried to intervene further this year by imposing stricter limits on who could obtain medical marijuana cards and how much THC, the compound in cannabis that gets you...
- Cannabis
‘It’s a phenomenon’: How 4/20 grew organically from a group...
- Cannabis
Jul 21, 2019 · In Los Angeles, unlicensed businesses greatly outnumber legal ones; in Oregon, a glut of low-priced legal cannabis has pushed illegal growers to export their goods across borders into other states...
- nfertig@politico.com
Sep 8, 2015 · Nearly 70% of marijuana users in states where dispensaries and/or recreational stores are open for business obtain cannabis exclusively through legal means, while just 17% rely solely on the black market, according to exclusive data in a new research report by Marijuana Business Daily.
- Prices
- Access
- Shortages
- Quality
- How to Get Rid of The Black Market
The price of legal weed is the biggest deterrent for its purchase. The product is taxed at multiple levels, from its cultivation, to processing, to its sale in dispensaries. There, weed has a state sales tax, and often a municipal one on top of that. The result is that weed bought legally is often twice as expensive as the same product bought from ...
Another thing to keep in mind is that although marijuana may be legal in a particular state, that doesn’t mean it’s accessible to everyone in that state. Counties can decide to opt out of allowing dispensaries in their area; many that do allow them still have enormous hoops to jump through, making it extremely difficult for cannabis shops not only ...
When marijuana is first legalized, it doesn’t instantly hit the shelves. It can take years between legalization and recreational pot actually showing up in dispensaries, as governments at the local and state level work out licensing. After that, the issue becomes supply. In many cases, dispensaries that started out as medical marijuana operations a...
In Canada in particular, there have been many complaints about the quality of “government weed.” While the market is working to address the issue, there’s still quite a gap to fill if companies want to retain their customers. People have complainedabout the product being dried out and not having much variety to choose from. When the price is so muc...
Trying to crack down on the Black Market is a slippery slope. Lawmakers have been clear that the past War on Drugswas incredibly damaging, particularly for communities of color. That means it isn’t beneficial to anyone to go after low-level dealers just for growing and selling weed, particularly in states where it’s legal to have a certain number o...
Jul 24, 2018 · Opponents of cannabis legalization cite a thriving black market as a failure of marijuana reform. Marijuana prohibition is the driving force for black market sales though. Learn more about this topic as we explore ways cannabis legalization can improve the fight on the black market.
Aug 19, 2022 · In the $72 billion cannabis industry, which is composed of a $25 billion legal sector and a $47 billion illegal economy, market forces often rule over federal law. Elfand’s unlicensed dispensary...
People also ask
Will black market cannabis solve Oregon's problem?
Is the black market benefiting from legalization of adult-use marijuana?
Does Oregon's legalization increase black market cannabis exports?
Are cannabis dispensaries illegal in New York City?
Does New York have a marijuana market?
Does magic happen in the cannabis industry?
Although marijuana has been legalized in many states in America, the black market for the drug remains, and the licit and illicit marijuana markets are creating a positive feedback loop where both markets are increasing the other’s size and power.
