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Originally Posted by blankall
Legalization of marijuana would result in controls, taxes, and corporate market shares. All would lead to a substantial increase in price. 10x is an exaggeration, but it would get a looooot more expensive if it was ever legal. Take a look at what has happened to cigarette and booze prices for a measure.
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This is no point in leagalizing it if people are just going to continue to grow and under cut the government prices. I know personally if I can get a better product (which it would be compared to the Government) for cheaper, I'm going to buy that product 10 out of 10 times, legal or not.
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As for the estimates. The problem with the estimates has more to do with the return than the amounts. A healthy marjijuana plant can probably grow a 1 lb/ year pretty easily. The problem is they always use "street value" when measuring the value of drugs. The people moving bulk amounts are not going to stand on the corner with dime bags. They are moving volume so probably getting less than $1,000.00 per pound.
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Growing per year and per cycle are a completely different thing.
Maybe they should estimate it by grams and possible out put of the plant for the next 100 years then they can say they busted up house with over $1 BILLION dollars worth of weed in it. Now
that is a headline.
Also there is no way anyone is moving a pound weed for $1,000 unless it is just pure garbage, which I guess is a possibily since it's being grown in Alberta.