Quote:
Originally Posted by zyzz
So does this pretty muxh eliminate the drug dealing weed guy?
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The main question here on the head, will the newly regulated marijuana system replace the currently robust and successful black market system.
I would imagine the only sane way to regulate it would be to ensure the regulated/allowable/taxable retail prices are competitive with the current black market prices. If weed becomes legal, and I'm used to buying it for say $200/ounce, and the govt wants to sell it at $300/ounce, I would continue to get it from the black market. So what would be the point of legalization? I don't see why the black market would necessarily shrink unless the regulated one can compete with it along price and quality lines.
Quote:
Originally Posted by nik-
No, the market won't be huge. I don't see how they're going to undercut though.
Dispensary prices can be pretty low, and the quantities sold keep it that way.
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I think it could be a multi-billion dollar industry. I think it's BC's second or third most valuable export... though obviously the govt isn't seeing much from that
