Well, there goes the price of pot for at least 6 months!
Supply and demand can suck sometimes.
haha
Any pot that can be bricked and stacked like that makes me glad it’s off the street. Mexi-brick garbage that shouldn’t be worth more than bales of hay.
It opens up the market for more real pot. Homegrown in the good old US of A.
It’s one of the biggest cash crops in the US and THE biggest in over 10 states including NY. The potential tax revenue is enormous.
The government seizes more than two thousand tons of pot every year, and they estimate that between 12,000 and 25,000 metric tons are available on the market in a given year. A metric ton is about 2,205 pounds. A one ton seizure is a drop in the bucket. It has little or no effect on the price of pot. Mexican pot is cheaper in my area than it was 25 years ago, even though law enforcement seize so much of it. They seize many thousands of pounds off the highway just in my county every year, and this stuff is still going for $400 to $600 a pound around here. It’s cheaper than that near the border. Most of the seizures from marijuana “mules” driving down the highway will be just two or three hundred pounds in the trunk of a car, but just in my county alone every year they’ll get a few seizures of around a thousand pounds or a ton or more of pot headed out east on the interstate. Those will usually be hidden in tractor trailer loads.
The ONDCP recently estimated that Mexican drug trafficking organizations are grossing $13.8 billion a year selling drugs to Americans and $8.6 billion of that is coming from marijuana sales. These organizations are growing this pot themselves, or paying farmers in Mexico a few dollars a pound for it when they buy it in large bulk purchases. They anticipate that they will lose several loads of it. It’s like a tax for them, a tax that doesn’t hurt them much because they have so little money in every pound that is seized and they’ll make hundreds of dollars in profits on every pound that makes it through. Most of it makes it through. Large seizures are common and have been since the late sixties, but pot is still a cheap high. The Mexican stuff is way cheaper than beer on a per buzz basis in most parts of the country and it’s actually fallen in price in the last couple of decades especially if you factor in inflation and the fact that THC levels have increased in the marijuana they are seizing so it takes less of it for a pot smoker to achieve the desired effect.