The One Main Reason Legal Pot Sales Are Lacking: Greed/Price
(A commentary by OldPoet56)
I have been reading articles the past couple of days in main stream media that marijuana sales in California are in big trouble financially and the legal companies are complaining to the state about their hardships. Folks I knew that this issue would arise back when the vote was made to make it legal. I am no rocket scientist and I know that by no means was I the only one to see this coming issue. The only reason this is happening is the price of the product, the greed of the “legal” corporations and the greed of the politicians. Greed from the politicians in the form of tax revenue on the product. Greed on the side of the “legal” Corporations by pricing the product way out of the reach of the very people who voted to make it legal in the first place. Most people who want or need the product cannot afford the “legal” price. The price on ‘the street’ is already to high for most everyday working or disabled people to afford. The price of the ‘legal’ product is many times higher that the street price. In many cases the price of one ounce of legal marijuana in a store is higher than the price of an ounce of gold. If people cannot afford to buy the legal product and they are financially forced to buy it off of the street then the state gets no tax revenue from the sales. When a legal growers store wants $500-2,000 per ounce there are very few people who can afford it at all, if they are going to buy it they will buy if off of a street vendor for $150-350 per ounce. Even these street vendors prices are to high for the average person to buy any of it. If a person is working a job for $12 per hour, after taxes it would take most all of their pay check just to buy one ounce per week, and that is at street prices. A huge amount of regular working people could easily spend their whole months earnings on one ounce of “legal” weed. People cannot afford the product, this is THE reason that sales figures are way down from what was expected by the corporations and the politicians, it is not rocket science, it is an issue of cost, of GREED!