Leading California cannabis companies warned Gov. Gavin Newsom on Friday that the state’s legal industry was on the verge of collapse and needed immediate tax cuts and a rapid expansion of retail outlets to steady the shaky marketplace.
Christ Awmitey! Take an illegal business that has thrived despite federal and government law enforcement efforts, turn it over to legitimate business and California kills it in months. Just by being California!
OMG... What living fossil said is so true. EVERYTHING the government touches turns to shit. It's ironically hilarious that the answer to the war on drugs is legalization...
For an excellent explanation of this phenomenon, look for a TV show on National Geographic channel called "Trafficked", season 2. One of the first episodes examines both the legal and illegal weed markets. California has imposed so many taxes and regulations and paperwork that no legal dealers can make a profit.
It's mostly the same in Kanada. High taxes, red tape, high prices(not a joke). The illegal guys are still in biz, got better product and better prices, no supply issues and no security cameras recording your purchase.
What could go wrong?
The only good part is, you can grown yer own, within limits.
Who fricking cares, it's California.....
ReplyDeleteSwap names...
ReplyDelete.
* "Gun Dealers Warned newsom..."
* "Explosives Dealers Warned newsom..."
* "Manufacturers Of Armed Drones Warned newsom..."
.
* "alec baldwin Warned newsom..."
Christ Awmitey! Take an illegal business that has thrived despite federal and government law enforcement efforts, turn it over to legitimate business and California kills it in months. Just by being California!
ReplyDelete"Forget it Jake, it's California!"
OMG... What living fossil said is so true. EVERYTHING the government touches turns to shit. It's ironically hilarious that the answer to the war on drugs is legalization...
ReplyDeleteFor an excellent explanation of this phenomenon, look for a TV show on National Geographic channel called "Trafficked", season 2. One of the first episodes examines both the legal and illegal weed markets. California has imposed so many taxes and regulations and paperwork that no legal dealers can make a profit.
ReplyDeleteTen horrible words to hear.
ReplyDeleteI’m from the government and I’m here to help you.
What a surprise.
ReplyDeleteAs I made clear years ago, "legalizing it" only invited the Government into your life. Stupid.
I heard a host on Sirius radio today bitching about the substantial weed taxes in Calif.
ReplyDeleteIt's mostly the same in Kanada. High taxes, red tape, high prices(not a joke). The illegal guys are still in biz, got better product and better prices, no supply issues and no security cameras recording your purchase.
ReplyDeleteWhat could go wrong?
The only good part is, you can grown yer own, within limits.
Reminds me of that story when the FEDs took over a brothel and bankrupted it.
ReplyDelete