I don’t see how that changes anything. You complained, I responded. The OP says “sticker shock” and shows prices going up steeply. I didn’t need my MBA degree to know that when prices go up, people look for alternatives. When they find those alternatives, the original “revenue streams” decrease.
So back to my original point. You claim that they’ll just buy it in the black market for cheap and legalization will be a cover for black market sales. So how do you explain the hundreds of millions in tax revenues that CO and WA are pulling in a year on sales in the billions?
That’s a big chunk of the market.