Col Hogan wrote:California’s black market for pot is stifling legal sales. Now the governor wants to step up enforcement
Pot is legal...but the business is not going as planned...
As much as 80% of the marijuana sold in California comes from the black market, according to an estimate by New Frontier Data, a firm that tracks cannabis sales and trends. Analysts also found that California’s illicit pot market was valued at an estimated $3.7 billion last year, more than four times the size of the legal market.
https://www.latimes.com/politics/la-pol ... story.html
The governor is sending in the National Guard to uproot the illicit growers and tear out their crops
Northern California alone has been selling 5 billion dollars in marijuana a year for the past 35 years...
Those grower organizations go back to the 60's and are large scale operations
if it's down to 3.7 that is a reduction by a billion and a half
This battle in Nor Cal has been a long time coming (35 years in the making)
and is not even remotely related to legalizing marijuana
The state was hopeful the giant operations would convert to legal means - and some have
but it's hard to give up huge percentages of the profit in one legal swipe of a bill
In the article they say "allowing the black market to flourish"
Which is a creative wording...
really more like: Doing nothing to legalize the existing 5 billion dollar ongoing operations in Nor Cal
That they've been able to convert a little over a billion of it into legal marijuana is actually impressive