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re: Pot growers in California staying illegal to avoid high taxes and regulations
Posted on 3/12/18 at 8:05 am to 88Wildcat
Posted on 3/12/18 at 8:05 am to 88Wildcat
quote:
overnment greed and overregulation have made it easier and more practical to remain illegal
As someone posted earlier, this happened in Colorado too, except it took a couple years
I have a good friend who was working a side hustle for an illegal grower outside Ft Collins right as they were passing their laws. As it became legal, they switched their operation to a licensed, legal grow. After about 2 years, the hassle and headache and burdening costs became so suffocating, they shut down their legal operation and went back to operating off the radar.
He said the legalization in Colorado sent the market in neighboring Kansas thru the roof and too good to pass up
You cant dismiss market forces. As long as legalization rolls out slowly in piece-meal fashion, it'll take decades before market equilibrium
Posted on 3/12/18 at 8:19 am to Uncle Stu
They have created the worst of Both Worlds decriminalization has skyrocketed demand but onerous regulations have stifled legal production.
The black market leaps into the void, from which the state gets no benefit
The black market leaps into the void, from which the state gets no benefit
Posted on 3/12/18 at 10:43 am to Uncle Stu
quote:
this happened in Colorado too, except it took a couple years
Wait, it didnt happen on day 1??? I guess legalization doesnt work...
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