
Originally Posted by
thehoodedsmack
Remember that if cannabis was legalized, anyone could produce it, within their own homes, cheaply, and without fear of arrest. Anyone producing it commercially would only be able to mark up the price in accordance with the convenience of getting it instantly. Any more, and people would turn to producing it themselves. It would be nowhere near today's street value.
Or, if the government decided that only they and those they commissioned could produce it, then street value would decrease, as a reaction to the price of government sanctioned cannabis. The benefit of the illegal act would shift from acquiring a banned substance, to acquiring it for cheap. The government would then be forced to lower their prices to combat the cartel competition.
The invisible hand, gentlemen. Cannabis has a high street value because it is illegal. The risk of producing it isn't money, but prosecution. If it is legalized, in any way, the overinflated price will drop accordingly.
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