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The black market will always be there as it is highly taxed. I believe the tax on weed, at it's lowest point starts at ~25%
Colorado’s marijuana tax is structured as a 15 percent excise tax on the “average market rate” of wholesale marijuana, plus a 10 percent state tax on retail marijuana sales, plus the state sales tax of 2.9 percent, plus local sales taxes, plus local marijuana taxes such as a 3.5 percent tax in Denver. When these taxes are added up, in Denver for example, a $30 eighth of pot (1/8 oz.) will have about $8.59 in taxes tacked onto it, or about a 29 percent overall tax rate. (By comparison, the equivalent tax on cigarettes is about 31 percent and on beer only about 8 percent.
And if you think METRC is a bureaucracy just wait until you see what we have planned...we met with several of Colorados representatives last year at a marijuana regulation enforcement symposium in San Francisco and we learned from their mistakes.
Tell me again..why are small growers against prop 64... Oh..yes.. Monsanto..check
We have a whole separate bureau to deal with alcohol... So you might as well drop the false flag argument and stay on point.. pot..this is about pot..jeesh..focused attention is something lacking in potheads... But we already know that though medical evidence don't we...
There will always be small cannabis companies like craft beer
It will be interesting to see what happens to organized crime in Colorado as the marijuana black market falls apart.
Use of heroin, prescription opiates, cocaine and meth have skyrocketed in Colorado in the last 2 years (Colorado is now the a top 10 consumption state for all of those except meth). Alcohol use is also surging in Colorado (also a top ten consumer there), and it appears to be heavily linked to illegal sales of alcohol, with 50% of 18-21 year olds in the state consuming alcohol on a regular basis.
You will hear some people argue that it is because marijuana is a gateway drug.
I think it is because gangs and other organized crime are finding ways to replace their revenue from marijuana.
I've said this 10 times. Send the marines in and squash the cartels
There are a lot of illegal alcohol sales today, in some parts of the country. Good moonshine goes for as much as $200 a gallon, if you can get it. Granted, it's not a big market, but people still pay for it.
My God man. I'm talking widespread. What is it 2 %?
It will be interesting to see what happens to organized crime in Colorado as the marijuana black market falls apart.
Use of heroin, prescription opiates, cocaine and meth have skyrocketed in Colorado in the last 2 years (Colorado is now the a top 10 consumption state for all of those except meth). Alcohol use is also surging in Colorado (also a top ten consumer there), and it appears to be heavily linked to illegal sales of alcohol, with 50% of 18-21 year olds in the state consuming alcohol on a regular basis.
You will hear some people argue that it is because marijuana is a gateway drug.
I think it is because gangs and other organized crime are finding ways to replace their revenue from marijuana.
It happened in Holland as well. As soon as they decriminalized pot and hash, the organized crime families moved in and brought all kinds of crime with them.
Propaganda and lies from prohibitionists. Some even in this site stating the price won't drop or won't drop by much and the black market for cannabis will always thrive
I don't know about the alleged propaganda, but I can tell you from first hand knowledge that the Black Market is alive and well. I've been out to visit friends twice in the past year & neither they, nor anyone they know, would go to the dispensaries. It's less than half the price on the street for the same quality. Since Colorado allows people to grow legally for "personal use" and that law is barely enforced, there is a slew of weed to be had at prices much cheaper than the dispensaries. The locals referred to the dispensaries as "tourist traps" when I was there.
I don't know about the alleged propaganda, but I can tell you from first hand knowledge that the Black Market is alive and well. I've been out to visit friends twice in the past year & neither they, nor anyone they know, would go to the dispensaries. It's less than half the price on the street for the same quality. Since Colorado allows people to grow legally for "personal use" and that law is barely enforced, there is a slew of weed to be had at prices much cheaper than the dispensaries. The locals referred to the dispensaries as "tourist traps" when I was there.
Good concentrate the stoners and leave the smart people alone.
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