How Legal Marijuana Is Helping the Black Market
Well, when the government taxes pot to death what is one to expect? This was not hard to predict. (But it seems it was for many politicians.)
(From Politico)
High startup costs, licensing fees, and taxes make it hard for cannabis businesses to compete with unlicensed dispensaries that get equal billing on Weedmaps, a website that is essentially the Yelp of cannabis. Los Angeles, for instance, is estimated to have over 1,000 dispensaries, according to some advocates, but only 200 of them are licensed.
http://www.againstcronycapitalism.org/
Source: https://www.ac2news.com/2019/07/how-legal-marijuana-is-helping-the-black-market/
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