Quote:
Originally Posted by potter
It is definitely going to be a huge industry.
|
i believe there is no question as to the size of the industry related to demand. in addition to the 10s of billions per year going legit, legalization will also add new customers to the mix.
but the supply side looks like it could limit the size of growth. Think about the number of regs wholesale growers have to abide. Think about the massive tax rates the public has to pay. seems to me the black market still has competitive advantages in the market relative to these 2 matters, even in the long run.
then there is the matter of banks not allowing marijuana business (for now,) large pools of cash are very attractive targets for cartels & mafias to send out goons & grab that cash from law abiding entrepreneurs.