Or it may not.As domestic marijuana production has ramped up in places such as California, Colorado and Washington, marijuana prices have fallen, especially at the bulk level.
A) Who do you think is operating those groves? Correct! Mexican drug cartels.
B) Lower prices do not necessarily mean lesser profits. Increased sales could allow for lower prices while maintaining profits. Plus, reduced transportation costs could also allow for lower prices while maintaining profit margins.
The bottom line is; potheads can continue to destroy this country for their own self-gratification and not give a damn. Congrats.
The cartels have been operating grow operations in CO and the other southwestern states since long before legalization. CO collected $135M in marijuana taxes in 2015. CA collects around $1B/yr in medical mj taxes. That’s over a billion dollars out of the pockets of the cartels.