How do we eliminate the cannabis black market? License it
Canadians prefer buying from their old dealers – often for good reason
Wednesday, July 10, 2019
Given a choice, Canadians prefer to buy illicit weed. Nearly 80 per cent of all sales since legalization are from the “black market” – or more aptly named the “original market.” Contrary to what the government and the legal industry would have consumers believe, much of the illicit cannabis on the market today is of higher quality than that grown by licensed producers (LPs). The legalization of cannabis was a step in the right direction. But it also ushered in an elitist regulatory system that promoted big business to thrive in the face of the pre-existing culture and industry. The government encouraged titans of capital to build a new cannabis industry right on top of the original, underground industry, by people who know more about corporate financing models than how to grow the plant.
