Re: Colorado Weed Market Collapsing

 > 26xh.0717 wrote:
 >
https://www.politico.com/news/magazine/2024/06/09/colorado-weed-market-00157118
 >
 > On Jan. 1, 2014, Iraq War veteran Sean Azzariti made
 > headlines worldwide as the first person in the U.S. to
 > buy legal weed.
 >
 > More than 10 years later, 3D Cannabis, the dispensary
 > in Denver’s Elyria-Swansea neighborhood where the historic
 > purchase was made, displays a makeshift sign announcing
 > it is “temporarily closed.” The windows and doors on the
 > side of the building have been boarded up. Plastic bags,
 > discarded coffee cups and other trash collect in the
 > corners of the abandoned parking lot.
 >
 > The dismal state of the historic site is a fitting
 > symbol of the plight of Colorado’s cannabis market.
 > What once was a success story has now left a trail
 > of failed businesses and cash-strapped entrepreneurs
 > in its wake. Regulatory burdens, an oversaturated
 > market and increasing competition from nearby states
 > have all landed major blows, leaving other states
 > with newer marijuana markets scrambling to avoid
 > the same mistakes.
 >
 > .. . .
 >
 >    The thick regs, the prices, they were sort-of intended
 >    to protect and sanely regulate - but they would up being
 >    the DOOM of the trade.
 >
 >    Illegal sources can supply better to more for less.
 >
 >    Out-of-State providers can undercut.
 >
 >    For anti-dope crusaders ... weed is the LEAST of the
 >    problems these days. Seems like EVERYTHING is saturated
 >    with Fentanyl/Tranq or WORSE and can be had CHEAP on
 >    the streets. The govt has FAR more important practical
 >    and political concerns and won't/can't cope. The
 >    Mexican cartels have OVERWHELMED any "system".
 >
 >    And that's the state of things.
 >
 >    Not SHIT that can be done about it. We will have
 >    to wait and see what the next gen feels about it
 >    all. Might be better, might be worse  ...
 >
 >    If worse ... well ... do you prefer Russian,
 >    Iranian or Chinese dictators ? NOT kidding.

People are
depressed what you want them do burn money on something they could
grow and process?
 

This is a response to the post seen at:
http://www.jlaforums.com/viewtopic.php?p=667218022#667218022