Are High State Marijuana Taxes Really The Cause Of The Tenacious Black Market?

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RELATED: Why The Black Market Continues To Thrive — And What Is Being Done About It The real cause of the tenacious black market pot trade isn’t high taxes. As I pointed out in a 2018 column for Forbes, marijuana legalization makes the black market better in prohibition states. Cannabis advocates have argued for years that legalization is the key to ending the black market pot trade. RELATED: Marijuana Legalization Makes Black Market Weed Cheaper, Heroin More Expensive Nevertheless, the illicit pot trade doesn’t appear to be going anywhere soon. However, it’s been more than a decade since Colorado became the first state to legalize the leaf for recreational use, and the illicit marijuana market hasn’t gone anywhere.

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As long as there is a spot of prohibition, there will be an opportunity for criminal organizations to capitalize.

Cannabis advocates have argued for years that legalization is the key to ending the black market pot trade. However, it’s been more than a decade since Colorado became the first state to legalize the leaf for recreational use, and the illicit marijuana market hasn’t gone anywhere.

Some reports show that 80%...

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