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Plummeting Pot Prices Produces Panic

 Link

 Excerpt:
For decades, illegal marijuana cultivation has been an economic lifeblood in northern California. 
 
The war on drugs and frequent raids by federal drug agents have helped support the local economy 
keeping prices for street sales of pot high and keeping profits rich. 

But high times are changing. Legal pot, under the guise of the California's medical marijuana laws, has spurred 
a rush of new competition.  As a result, the wholesale price of pot grown in these areas is plunging. 

"Outdoor growers are having a hard time unloading their fall harvest," says some dude. 
"And when some people do move it, they don't get nearly the price they were hoping for." 
 

I predicted this would happen.

If an ounce goes for $300, what's to stop another grower from saying, "I'll sell mine for $275."
Then the first grower moves to $250 and eventually the price reaches a certain level, like a stock, and stops falling.

We need to legalize it so a standard price and quality can be established.
WalMart can sell a pack of 20 joints for $10 and $5 goes towards paying off Bush's debt.

If you want to grow your own, that's OK, too.

Wouldn't it be something if Bush's economy-killing greed brought us legal dope?
 
 

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