state sanctioned monopoly. Even with the strict laws keeping the price up, the prices that the growers are getting at wholesale on the black market are not that much more than 100/oz. Think about it. When you are talking about large quantities of pounds moving illegally it is not uncommon to see $2000 lb. Thats $125/oz. That is on the black market where there is a huge premium for risk and far less competition than if it were legalized, even legalized and taxed and regulated. After pot cultivation and distribution were legalized, how quickly would the middle men be cut out by consumers getting the best prices by going straight to the grower? You're probably right that there will never be a true free market in the pot trade, but to say that prices will not drastically decrease as a result of legalization is just not the truth.
The Daily Paul is a community website with no official affiliation with Ron Paul. The content of posts and comments on the Daily Pau