Will Legal Cannabis Finally Kill the Canadian Weed Black Market?

More Canadians Turning To Legal Weed, And Effectively Killing The Black Market Slowly But Surely Stress is everywhere these days, but thankfully people have cannabis to turn to. In Canada, a new study entitled “The Future of Cannabis in Canada” by Insights West for Resonance Consultancy and the Valens GroWorks…

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How Canada’s Cannabis Decisions are Keeping the Black Market Booming Up North

Canada’s Cannabis Industry Keeps Making Moves That Make The Black Market Rich It seems that in Canada, while authorities make their way in the dark to figure out how to regulate cannabis correctly, the black market isn’t just alive: it’s thriving. That’s because the various provincial governments keep giving Canadians…

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What Cannabis Entrepreneurs Need to Know to Outsmart the Black Market

What Cannabis Entrepreneurs Need to Know to Outsmart the Black Market The cannabis industry is becoming increasingly competitive, but there’s still room for everyone to benefit. Mom and pop operations, dispensaries, and Big Cannabis can all thrive alongside each other. The problem lies in the black market. Whether your business…

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A man who robbed a black market marijuana dealer was sentenced to 6 years in prison. The dealer has not been charged.

MEDFORD, Ore. (AP) — A 22-year-old man who robbed a southwestern Oregon marijuana dealer has been sentenced to more than six years in prison. The Mail Tribune reports that Erick Molinero, of Fort Worth, Texas, received the sentence Friday after pleading no contest to second-degree robbery, first-degree burglary and other charges. Related…

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How Do You Get People To Buy Legal Cannabis When The Black Market Is So Much Cheaper?

When Black Market Cannabis Is So Much Cheaper, How To Get People To Buy It Legally? One of the main objectives of cannabis legalization is to get rid of the illegal, predominantly Cartel controlled, cannabis market. The idea behind this objective is similar to what happened to illegal alcohol sales…

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Are Lower Taxes Really The Solution To Overcoming California’s Black Market?

Are Lower Taxes Really The Solution To Overcoming California’s Black Market? Sky-high taxes in California’s cannabis market can lead to problems – one of them may be the prevalence of the black market. Last Thursday, lawmakers proposed reducing state taxes for the next three years. A cut in taxes for…

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California could cut marijuana taxes to lure consumers away from black market

Published: Mar 15, 2018, 3:13 pm • Updated: Mar 15, 2018, 4:52 pm By Michael R. Blood and Don Thompson, Associated Press SACRAMENTO, Calif. — Less than three months after California launched legal marijuana sales for adults, the state could consider temporarily slashing hefty tax rates that some say are…

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“We’re going to do something about it”: Oregon’s federal prosecutor holds summit on black market marijuana

Published: Feb 2, 2018, 10:32 am • Updated: Feb 2, 2018, 12:05 pm By Gillian Flaccus, The Associated Press PORTLAND, Ore. — Oregon’s top federal prosecutor said Friday the state has a “formidable” problem with marijuana overproduction that winds up on the black market and that he wants to work…

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Could taxes as high as 45% on cannabis bolster black market in California?

Published: Oct 30, 2017, 7:55 am • Updated: Oct 30, 2017, 8:22 am By Katie Zezima, The Washington Post High taxes on legal marijuana in California could have the potential to turn many consumers away from the state’s cannabis shops and toward the black market, according to a report from…

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