Investing Daily VIDEO: Despite Legalization, The Cannabis Black Market Thrives VIDEO: Despite Legalization, The Cannabis Black Market Thrives | |
| By John Persinos Welcome to my "Weed Report" video presentation for Thursday, March 30. The article below is a condensed transcript; my video contains additional details and several charts. Marijuana industry leaders and investors are frustrated by the persistence of illicit pot sales. The black market undercuts potential legal sales, to be sure, but it also poses a health hazard and tends to feed crime. Illicit marijuana is unregulated and isn't subject to any sort of quality assurance or tests. What's more, unlicensed marijuana dealers often intersect with the criminal element; street deals sometimes involve weapons, physical violence, and the purveyance of harder, more dangerous drugs. ...Read More | |
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