3 ms·
> Oversupply is bad because growers become less profitable, and are more likely to sell on the black market as a result. Why would the black market be more luc
by throwaway894345 5y ago
> Oversupply is bad because growers become less profitable, and are more likely to sell on the black market as a result.
Why would the black market be more lucrative? Why does a black market exist when there is a cheap legal market? Is the implication that the black market exports to states where it isn't yet legal and thus prices are higher?
> Most importantly, full traceability from the retail store to the producer prevents organized crime from supplying the retail locations.
I like this mechanism.
- jdeibele 5y agoThe legal market isn't cheap because there are "sin taxes" on cannabis that make it expensive. Often the high taxes are supposed to be a disincentive for consumption or overconsumption. Cigarettes are too expensive for teenagers, etc. See also bootleggers, cigarettes trucked from low-tax states (Eric Garner), etc.