[The_Sword_of_Groo]

Estimated value of the marijuana would be $2,000 to $3,500 per pound

I love how law enforcement always inflates the value of their seizures. Nobody in their right mind would pay $2000/lb from the manufacturer. More likely would have have sold for 800-1000/lb. I'm not endorsing the practice, mind you. Simply pointing out the disinformation in the article most likely provided by the police to increase the gravitas of their bust. Pot is like any other for-profit enterprise. If you buy in large quantities from the manufacturer, you get substantial discounts. Everybody in the supply chain gets a little markup. No "distributor" is going to pay $125 per ounce for a product that sells on the street for $120 per ounce.

[TWohlford]

“I love how law enforcement always inflates the value of their seizures.”

Kinda like the appraised value of houses before the collapse?

Let’s assume this is all correct, that $1.2 billion was seized. I’m gonna assume that there won’t be any interruption in the supply in any place because of this seizure. Ergo, there must be an almost infinite supply out there, right? That there is no marijuana problem ‘cause everyone has what they want?

This means that all of the high-profile efforts on the stuff have been total failures, and authorities keep trying the same old tactics with the same results.

[Roccus]

No "distributor" is going to pay $125 per ounce for a product that sells on the street for $120 per ounce.

$120/oz. on the street? Now I know why an old buddy moved from NYC to GA recently. LOL!! I never could figure out why he did it. LOL!!!