Why Legalization Didn't Save Us

[Walt]

Did you know that despite legalization, black-market weed still thrives? There are three main reasons for this:

Cheaper prices, Overregulation & Discretion

Street dealers are often cheaper which gives budget-conscious customers easier access, overregulation by governments drives out legal startups & street dealers are often more discreet which appeals to closeted cannabis smokers

Full article on this issue here: https://waltrothschild.wordpress.com/2024/08/28/top-3-reasons-why-black-market-weed-still-exists/

[The pomp 69]

But they will never match the quality that private growers have. And also I think it's because not everyone can tell the difference between weed so they don't trust or they think you selling them the same thing but the edibles are doing not to bad online.

[Chris Jay]

Quote

Did you know that despite legalization, black-market weed still thrives?

Not really if you look at statistics, the canadian market has data based on this and you will clearly see that the two markets are being brought closer together thanks to legalisation, and harm reduction.

 

Edited September 4 by Chris Jay

[The pomp 69]

Do you think South Africa will do the same or better or worse than Canada?  The thing with South African guys the are to greedy so even if they make it legal for selling I bet there will still be people going the black market way for tax and I think that's what holds them back to legalize marijuana. I you know your business men are as honest as the guys in Canada then you can legalize marijuana.

[Chris Jay]

North America is a good market to watch, we usually follow, I think we are seeing the peak of our greenrush. Not all business people are greedy, just like not all Canadians or South Africans, sadly we have an ongoing pandemic called corruption. I hate to say this but tax is not a bad thing to regulate things.

[The pomp 69]

I agree on letting people pay tax as any other business they can even make a specialist tax for cannabis if they really want to push it.  I mean this can take South Africa of the grey list out of resion I don't know the exact numbers but there is a lot of money to be made here (government).  I also think it's better than all the other drugs people will always want to do drugs I think it's just what they use that we can maybe control to an extend if cannabis is legal.

[eliot88]

I totally agree! If South Africa can figure out a fair tax system for cannabis, it could really benefit the economy and help bring some of that black market cash into the light.

[ronny71]

It could also create jobs and generate tax revenue that can be used for public services. It’s a win-win for everyone involved but I don't think they would do that in the near future

[The pomp 69]

I think they should let us sell it legally because you are aloud to grow and smoke why not just let us but it. What's happening now they make some tax on the beans that's it it's doesn't make sense why not make tax on the whole thing and not just one part. I think this is more of and personal agenda then anything else because the facts show that it wasn't even supposed to be illegal to begin with .

[ronny71]

You have a point. It's similar to the Prohibition period when alcohol became illegal due to bad propaganda claiming it was harmful to families (which is only true with overconsumption). But weed isn't even close to being as bad as alcohol. I would take weed any day over alcohol, but because of the negative propaganda surrounding weed, they won’t legalize its sale (at least not in the near future). History seems to repeat itself

[The pomp 69]

I hope the new generation doesn't make the same mistake as us and the ones before us. Meaning not to listen to a guy in a suite on a podium that had a personal agenda with whatever is at hand that time but to go and.look at the facts.