re: Recreational weed industry verges on collapse

One of the issues about the tax. In many states the only way it could get on ballots is the promise of regulating and taxing it. And thats why it passed. Had it just been legalized with no or few regs then most states never pass it.

So like any newer industry it will weed out the weak ones. One also has to look at states having it approved early on they had the market cornered. But as ajoining states passed it those who traveled stopped doing so. I wonder if the study looked at how newer legalized states are doing compared to older legalized ones. The newer states siphoned off the margins of older states.

The taxes likey won’t go away as voters have it in the approved bills. And states use it to create the inspection and compliance industry.

I will say, if I were to buy any it would be through a legit company having been liscensed and through state audits. The extra cost would give me more quality assurance, so would be worth it.

Who would downvote this? It’s the absolute truth. Trashy as hell. Be a grownup and contribute without putting a substance in your body.

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Surprise, it’s not the cash cow states thought it would be. They think there’s no limit on the taxes that can be levied. Turns out government still doesn’t understand basic economics.

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You’re misunderstanding the story.

The government is getting theirs regardless, but companies aren’t able to turn a profit.

You got a girl? Chances are she’s on something

I was going to upvote the post but then I got high.

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The government is getting theirs regardless

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Correct me if I’m wrong but the goverment isn’t involved yet as its illegal. I assume you mean state governments? Now, if the feds ever legalize it then expect a huge tax. On top of state taxes.

There's no incentive to sell legally. Taxes range from too high to aggressively outrageous. Why would a consumer pay those taxes when they can purchase weed that's just as good from a dealer on the street? These dealers can often operate in broad daylight and just as safely as a dispensary, because they are smart enough to carry just little enough on their person to not be eligible for arrest for dealing.

These morons thought they were on to something by taxing the crap out of weed and "decriminalizing" possession, when all they were really doing is making it easier for street dealers to skirt the law.

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These dealers can often operate in broad daylight and just as safely as a dispensary, because they are smart enough to carry just little enough on their person to not be eligible for arrest for dealing.

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From seeing it first hand.

On the streets of NYC and Portland just this year. Police will not get after someone who is selling weed because it's pointless. DAs wouldn't prosecute for that even if they performed the arrest. It's a waste of the officer's time to even try.

It's the very picture of Democrats voting themselves into a lawless society.

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Tell us about the cannabis laws the founding fathers wanted us to have? None you say were they lawless or did we concoct some bullshite legislation along the way, that people have finally grown tired of?

Go fricking figure. Govt and bureaucracy will frick up anything.