California voters legalized cannabis last decade. So why is the illegal market more successful than ever?

  • 📰 latimes
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 82%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

California voters legalized cannabis in 2016, and one of the issues that was supposed to be solved was the violence and environmental wreckage associated with the drug’s illegal trade. But that hasn't happened.

David Toledo is an award-winning audio producer and storyteller with the Los Angeles Times. Most recently, he was an associate producer on various ABC News shows.

He produced segments on their daily news podcast “Start Here,” as well as their LGBTQ+ culture podcast “Life Out Loud with LZ Granderson” and their entertainment news show “Close Up with Kelley Carter.” Before that, he was an early member of the audio team at CNN, where he produced shows covering the COVID-19 pandemic, the Trump era and the racial reckoning of 2020. He is originally from Medellin, Colombia, but now calls Brooklyn his home.

 

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

Many businesses wanted to compete in the fray, they made it ridiculously high to get the license. That meant smaller operators were left out. If you limit the licenses you will have those operators undercutting you. They need to open up more licenses.

No one wants pay an 1/8th for $35 before tax and then with tax it come out to $60 🤷🏾‍♂️

Because no one wants to buy gentrified weed.

Because the illegal growers are less likely to get busted for their crops and no taxation on products?

Because local law enforcement has no teeth to do much…

Cheaper and no taxes and better quality

Because people wanna just get high and forget about the crazy politicians Republicans and Democrats alike. And to do that without regulation is to buy street marijuana because they just wanna make a buck. No rules applied.

Here in Brazil, organized crime sells an absurd amount of tobacco cigarettes (even surpassing the legal industry)! Crime is not adjustable and pays no tax!

Crime finds a way

Taxes. Next question?

Because Sacramento thought it would be a good idea to include a 15% excise tax. A tax that is unfair to consumers & biz owners, is a job killer,and as we’ve seen creates conditions where it’s economically viable for criminals to illegally sell a legal product.

'Let's get back to the article about my hair'

Just smelling of weed gave cops the probable cause needed to investigate. Since being legalized, probable cause is incredibly difficult to establish, and therefore the laws very difficult to enforce. Coupled with DAs who only handle political crimes, there u go

taxes

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:

 /  🏆 11. in BUSİNESS

Business Business Latest News, Business Business Headlines