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I disagree somewhat, dealing marijuana is still quite profitable, even in west coast USA where ubiquitous medical/legal marijuana has driven down prices a lot.
by librethrowaway 12y ago
I disagree somewhat, dealing marijuana is still quite profitable, even in west coast USA where ubiquitous medical/legal marijuana has driven down prices a lot. As for east coast? From what I hear, the markup is still huge, with retail prices roughly double of west coast.
The only people I know of making a living exclusively selling marijuana (on the west coast) are small-time growers, though.
You're definitely right about crack/molly, the profit margins on those are ridiculous - because what's truly valuable there are the connections.
- corin_ 12y agoIt may be that it's different in the UK (where I am), apart from anything weed generally travels much shorter distances here. I heard from friends in one region here that after the police busted a local farm with a few million £ of weed grown there, there were a couple of months where every dealer had incredibly limited supplies, mostly coming in from Holland rather than elsewhere in the UK. There definitely isn't as much growth here as west coast USA. Of course it's also possible that there are dealers making good money off weed here and I just haven't come across them. But my anecdotal data points are at least reasonably varied, from well off people in good jobs to a couple living off benefits in council estates.
- librethrowaway 12y agoI agree they're definitely the exception to the rule, most of that 'last mile' of going from ounces to a gram or two seems to be made up of people doing it on the side for a bit of extra money. It does sound like the supply chain there is quite a bit different.