New York State legalized adult-use marijuana more than a year ago but is yet to issue a single dispensary license. The result has been a weed free-for-all: Cannabis seems to be for sale everywhere — head shops, bodegas, even from folding tables on street corners. Some dealers brazenly sell in public, and many boast their products were grown in California.
The outcome is not unlike what happened when California legalized marijuana. Six years later, illegal sellers and growers continue to thrive there. Despite those struggles, New York leaders decided to take a gentle approach with anyone selling without a license. Now, an industry expected to generate more than 20,000 new jobs and a $4.2 billion market by 2027 could stumble on arrival as it competes with the booming black market.
Already, some legitimate companies that were planning
major investments are heading for the hills.
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I was in NYC in Dec 2019 and there were vans parked openly selling pot, I asked at one of them and the vendor said "the cops don't care any more".
ReplyDeleteThe story I hear about the Calif deal is all the tax on legal pot, it's way cheap to buy it the way folks used to.
Who are the pot heads going to sue when the inevitable lung rot begins to kill them?
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