I think the kids say “whomp whomp” for this level of irony.
States thought they would eliminate crime and make a ton of $ by legalizing and taxing mj.
But then they taxed and tamed it so much a black (criminal) market immediately emerged with the good stuff at 1/2 retail or less.
As ANYONE with a modicum of common sense (no economic degree needed) could have told them would happen.
so they can prosecute tax crime now?
Predictable consequences. The pro-pot advocates and industry didn’t care. It’s all about the money and there is more than enough of that to go around.
In general, seems states are trying to create a state-run monopoly, but then find the black market still exists.
I had a “discussion” with a pro-MJ freeper a couple of years ago. I forecasted this eventuality citing human behaviors etc... and received some flamers in the process.
How could anyone not see this coming?
States thought they would eliminate crime and make a ton of $ by legalizing and taxing mj. But then they taxed and tamed it so much a black (criminal) market immediately emerged with the good stuff at 1/2 retail or less.As ANYONE with a modicum of common sense (no economic degree needed) could have told them would happen.
There was no black market prior to this?
As I predicted years ago. And the same politicians will begin to treat the legal product like tobacco and restrict its usage and tax it higher to “save the children “ etc.
Thus massively increasing more black markets. Sort of like today where most people buy it illegally already.
Politician stupidity. They never understand consequences.