“The Canadian government thought that by legalizing pot they could corner the market and make hundreds of millions in tax revenue... That’s how they sold the concept to the public.. We’ll make hundreds of millions that you won’t have to pay in taxes.
Only problem is... They thought black-market prices would persist... They were wrong. The black-market adjusted and has undercut the legal market to the point where the legal sale of pot is a money loser.”
So, while we follow Jamaica to greatness, the return on [Noblefree’s] legalized pot is a losing concept.
“the return on [Noblefree’s] legalized pot is a losing concept.”
Opposite - legalization’s lowering the price is exactly what I always predicted and a big part of the reason I support legalization.