The Marijuana Black Market Will Keep Its Throne in California, Thanks to Tax Increases
When the government tries to hoover up all the money earned from legalized drugs, this is what happens.
When the government tries to hoover up all the money earned from legalized drugs, this is what happens.
West Hollywood's Lowell Farms Cafe serves food, drinks, and marijuana.
There are stories of marijuana business owners showing up at California's tax agency offices with trash bags filled with cash, even though the agency generally doesn't allow cash payments.
It's a historic moment in Congress, but Senate support remains uncertain.
The SAFE Banking Act will be the first stand-alone marijuana legalization bill to reach the floor of the U.S. House.
Ontario has lost millions trying to sell cannabis.
The black market still dominates. And more enforcement and fines aren’t going to fix it.
Giving consumers more accurate dosing for vaped THC is a huge market opportuntiy, but it has important public policy implications too.
High taxes and harsh regulations lead to a $223 million cut in budget projections.
A bill introduced Thursday with bipartisan support in both chambers of Congress would stop federal law enforcement from targeting states with legal weed.
High taxes and slow bureaucracy keeps the black market alive.
The black market is how you get things done when government gets in the way.
In some states, a marijuana conviction can exclude you from the newly legal industry.
Gov. Cuomo throws his support behind a ban on home cultivation, possibly on behalf of already entrenched pot groups.
Governor Newsom wants to fight the black market. That's how we got the drug war in the first place.
It's legal, but the health department thinks it's somehow different when added to other products.
Blame misguided federal policies, not the network.