Alright. Can't the editor weed out bad head line puns like this?
“You’re sowing the seeds of destruction for the people you want to lift up,” said Mitchell Baruchowitz, managing partner of cannabis investment firm Merida Capital Partners, referring to the way New York has let the grey market proliferate. Repairing the harm from the disproportionate arrests of Black and Brown people for marijuana possession in the past is a worthy goal, he said. But if it slows down what should be the main goal of building a functional legal market, he added, the illicit market can grow, which increases the risk that the legal market will fail. If that happens, there won’t be any profits to help those harmed in the past, he said.
Arch-conservative William F. Buckley Jr., a long-tenured Drug War opponent, observed for economic and practical reasons, for government to end black markets, the legal commerce must $under-cut the black-market. Not merely under-price it, but with a retail price advantage large enough to simply eliminate any viable profit motive to operate an unlicensed / illegal supply chain.
Is New York anywhere close to this?
Care to bowl us over with a pot joke? Or have they all been snuffed out? If you can't tell one on your own, joint efforts are acceptable.
Legal Marijuana Still Faces High Hurdles in New York
The cannabis industry has shifted from calling it a “black market” to a “grey market” — but either way New York’s underground trade poses a stark threat to the licensed recreational market that’s supposed to kick off this year. It was the main challenge discussed on the sidelines of last week’s conference, where optimism about the state’s plan to use licensing to lift up former convicts and encourage mom-and-pop shops seems to have been replaced by concerns about whether New Yorkers will even want to buy licensed weed.“You’re sowing the seeds of destruction for the people you want to lift up,” said Mitchell Baruchowitz, managing partner of cannabis investment firm Merida Capital Partners, referring to the way New York has let the grey market proliferate. Repairing the harm from the disproportionate arrests of Black and Brown people for marijuana possession in the past is a worthy goal, he said. But if it slows down what should be the main goal of building a functional legal market, he added, the illicit market can grow, which increases the risk that the legal market will fail. If that happens, there won’t be any profits to help those harmed in the past, he said.
Arch-conservative William F. Buckley Jr., a long-tenured Drug War opponent, observed for economic and practical reasons, for government to end black markets, the legal commerce must $under-cut the black-market. Not merely under-price it, but with a retail price advantage large enough to simply eliminate any viable profit motive to operate an unlicensed / illegal supply chain.
Is New York anywhere close to this?
Care to bowl us over with a pot joke? Or have they all been snuffed out? If you can't tell one on your own, joint efforts are acceptable.
