The top reason people are still buying illegal weed: survey

  • 📰 nationalpost
  • ⏱ Reading Time:
  • 55 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 25%
  • Publisher: 80%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

Still, in countries such as the U.S. and Canada, where there are legal markets in place, black market Cannabis sales remain consistent - via TheGrowthOp CannabisCommunity cannabisindustry

The reasons behind why consumers still shop the illicit market was dependent on the year and the country.

Survey authors write: In both years, there were two most commonly reported barriers to legal purchasing. In all, about a third of Canadian repondents and 27 per cent of U.S. respondents citing price, while about a fifth of Canadian respondents and slightly less than U.S. respondents pointed to inconvenience.Article content

“In 2020 versus 2019, several factors were less commonly reported as barriers in Canada, including inconvenience and location of legal sources. Certain barriers increased in the United States, including slow delivery and requiring a credit card,” study authors note. In the U.S., black market cannabis sales are one of the principal wild cards in establishing a functioning legal cannabis market. States such as California, which were among the first to establish legal markets, have allowed the two markets to coexist, something that cannabis workers have called “extremely unfair.”

Alex Brough, co-founder of Keneh Ventures, a private equity fund that invests in businesses ancillary to the legal marijuana trade, made his thoughts known in

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

TheGrowthOp I have never seen such a doped out population than now. People using dope above %20 and using shatter. With only one person to blame for our children doing it more now........

TheGrowthOp Interesting. That's a lot of missed taxes/fees/label-of-your-choice. There's a black market in cigarettes which is heavily being cracked down on, then there isn't a market in illegal beer (as far as I know)... wonder why these guys are being spared from the Man.

TheGrowthOp It's way cheaper on the reserve.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 10. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

The top reason people are still buying illegal weed: surveyStill, in countries such as the U.S. and Canada, where there are legal markets in place, black market Cannabis sales remain consistent - via TheGrowthOp CannabisCommunity cannabisindustry TheGrowthOp Why would you buy gov pot and support ex politicians and cops! On pension(pot was bad when illegal, but now it’s good because we are first in line to make money!) plus it’s so easy to grow enough for the year during summer and people that grow their own grow better pot than gov. TheGrowthOp Granite counter tops , special plexiglass sample containers , over the top packaging , for dry over stocked product . Gvmnt blew it ! My guy , simple , fresh and CHEAPER ! TheGrowthOp Because their cheaper and quite frankly nicer people!
Source: VancouverSun - 🏆 49. / 61 Read more »

Kamala Harris urges U.S. to come together as last Buffalo shooting victim laid to restThis is a moment in time for ‘all good people’ to stand up to the injustice that happened at Tops Friendly Market and Robb Elementary School, Harris says
Source: globeandmail - 🏆 5. / 92 Read more »