putembk
- Posts
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- Joined
- Jun 19, 2010
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- 263
Don't you think that the demand for black market diminish with the legalization that is already here and common retail sales coming in 2014? That in itself will put significant pressure on product value and price on underground sales within Colorado. Every dollar sold in a retail store is a dollar not headed to the black market. There will be many millions sold retail. Caregivers went through this once already when med sales came online in 2010.
The times are changing. You have to look at what is coming down the line and adapt to the market. If I was a private grower, right now I would be lobbying hard for the ability to sell into the commercial market. That piece swept away in the med market, but maybe you can work to put it on the table for the retail sales legislation. Either that, or you can do nothing and just continue to hate on retail shops, like you hate on dispensaries now.
In the end market quality will be dictated by the fickle consumer. As the prices continue to fall, consumers will be demanding better products at a lower price. When consumer retail hits there will likely be another significant price drop. I suspect that $100 quality ounces will be the norm at that point. With overhead involved, I don't see prices to go below that level, but who knows.
The bans I've seen are counties, excepting Fruita. Counties will continue to collect sales taxes made in the incorporated cities within their borders, so they really have nothing to loose. Major cities that implement bans will likely be overturned by citizen driven initiatives.
Local [and state] leadership is reluctant to endorse marijuana, so they implement bans to appease the prohibitionists. When the citizens overturn that decision, they can say "oh well, it wasn't us" and still get the sales tax benefits.
true grit - you nailed it. There is a perception of regulation and oversight in CO, that combined with the fact that its written into our constitution and a state license is required to smoke or grow it is also helping a lot in terms of keeping the Feds at bay.
outwest
For now.... I recently talked to a friend who knows the head of the MMED. The DEA knows all about the "mmj" being sold out the backdoor of MMCs and the fact that many MMCs are selling Cali outdoor.
There's so much corruption and so many idiots running MMCs that the DEA is not going to turn a blind eye for much longer. I'd expect some rounds of busts by the MMED/DEA soon.
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