Why would what I described be bad? Plentiful, dirt cheap, weed grown by professionals with the resources, equipment and scale to grow more weed than we can consume is all good. Who doesn't want $5 ounces?
Quote:
Originally Posted by ElSapo
Small growers are only viable until legalization is widespread?
Yes. Unless the small growers carve out a specialty artisan type niche (similar to microbrews competing with Budweiser) they'll definitely go bust.
The only people who'll be hurt by widespread legalization are the hippie stoners who've been charging $500/oz and the illegal drug dealers.
Of course there'll always be tight restrictions, but tighter restrictions and a higher barrier to entry benefits the largest producers. It's not as if the licenses that are being issued in year one are the only licenses that'll ever be issued. Wait until the farm, tobacco, and alcohol lobbies decide they want to take over the industry.
There is an inevitable (beneficial for the consumer) race to the bottom once full legalization happens. Producers, processors, distributors and governments will all steadily lower prices in competition to retain their market share.