Busts for Illegal Weed Remain Good Business for Lawyers
After all, they might have developed a niche practice defending those possessing and/or selling weed on the black market.
Well, the roof won’t fall in, at least not right away.
BLOOMBERG BUSINESS WEEK documents that illegal pot is significantly cheaper than the legal pot in Colorado.
Because of state taxes, in Colorado an ounce now runs about $400. On the black market the stuff runs between $156 and $250 (Source: NARCOTIC NEWS). Here is that BBW article.
The difference in price is big enough for the middle class and below to stay with their dealers.
That could change if government doesn’t receive the anticipated tax revenues and rolls back the tax rate.