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Friday, January 21, 2022

Why some licensed pot operators are turning to illegal sales in California

On an isolated farm, greenhouses stand in regimental order, sheltered by a fringe of trees. Inside are hundreds of head-high cannabis plants in precise rows, each rising from a pot nourished by coils of irrigation tubing. Lights powerful enough to turn night into day blaze overhead.

In the five years since California voters approved a broad legal marketplace for marijuana, thousands of greenhouses have sprouted across the state. But these, under their plastic canopies, conceal a secret.

The cultivator who operates the grow north of Sacramento holds a coveted state-issued license, permitting the business to produce and sell its plants. But it’s been virtually impossible for the grower to turn a profit in a struggling legal industry where wholesale prices for cannabis buds have plunged as much as 70% from a year ago, taxes approach 50% in some areas and customers find far better deals in the thriving underground marketplace.

So the company has two identities — one legal, the other illicit.

8 comments:

  1. There's nothing that the government can't screw up.

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  2. There is a lesson for all to be learned here, and it is extremely important.

    The government can fuck up selling pot.

    Why would anyone allow them to do anything else at all?

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  3. The government can screw up a wet dream.

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    Replies
    1. At one point the feds owned fhe Mustang Ranch in Nevada, confiscated for back taxes if I recall right. They drove it into the ground with mismanagement.

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  4. The cartels made billions selling pot. As soon as the government gets involved it becomes a loss making industry..... There's a lesson there.

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  5. Legal government taxed herb is a scam, grow your own and eliminate the middle man
    JD

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  6. This is in New Jersey, another Democrat-infested sh!thole:

    "Patient advocates filed complaints with state Division of Consumer Affairs earlier this month to accuse Medicinal Marijuana operators of price-gouging, charging as much as $480 for an ounce of cannabis."

    Price-gouging complaint highlights stubbornly high costs for medical marijuana in NJ - 01/15/2022
    https://www.nj.com/marijuana/2022/01/price-gouging-complaint-highlights-stubbornly-high-costs-for-medical-marijuana-in-nj.html

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  7. Wow, you don't say! Who could have predicted that? I'm pretty sure it was everybody that wasn't high.

    ReplyDelete

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