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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Brumar89 who wrote (778871)4/7/2014 12:17:14 PM
From: i-node1 Recommendation

Recommended By
bentway

  Read Replies (2) | Respond to of 1573925
 

While no one expected the state’s first-in-the-nation recreational sales would eliminate the need for dangerous underground sales overnight, the violence has raised concerns among police, prosecutors and pot advocates that a black market for marijuana is alive and well in Colorado.

“It has done nothing more than enhance the opportunity for the black market,” said Lt. Mark Comte of the Colorado Springs police vice and narcotics unit. “If you can get it tax-free on the corner, you’re going to get it on the corner.”


Let me get this straight. Narcotics officers (i.e., people who make their living chasing down pot smokers) say, "legalization didn't do away with the illegal trade", a few months into it.

These are, of course, the same people who have lost their unaccountable slush funds of seized property as a result of it; the same people whose jobs are not quite as critical as they were a year ago.

Does it make sense to you at all that there would still be a thriving black market because of the tax differential? If there IS such a black market at all, it will not last long as the idiots participating in it will soon be arrested an in jail for being stupid.



To: Brumar89 who wrote (778871)4/7/2014 2:12:20 PM
From: Mahmoud Mohammed1 Recommendation

Recommended By
bentway

  Read Replies (1) | Respond to of 1573925
 
Brumar,

Re: "... Those taxes mean an ounce of pot can go for $400 or more at a state-sanctioned store, depending on quality and potency. An ounce on the street can run between $200 and $280, depending on how much a dealer wants to profit, Comte said."

The problem in Colorado is that "medical marijuana" is not taxed and can be bought for $125/ounce. Doesn't take a genius to figure out a decent business model based on this difference. Also, with a "medical marijuana" card, you can even grow your own pot.

Mahmoud