Black Market, White Market
Let’s face it, this guy is probably right about what the broad contours of big Cannabusiness will look like after marijuana legalization. If we do a really good job with our legislation, we might be able to rein in advertisements and distribution, like we do with tobacco. Still, when a highly profitable good comes into the legal market, we all know already what will happen – mass production, exploitation of labor, and lobbyists.
Does the mere possibility of corporate takeover of marijuana cancel the many benefits of legalization? Let’s put it this way – corporations may have an “army of lobbyists,” but drug cartels and the DEA have armies with real guns. Corporate marijuana might “ruin your life” by causing you to spend all your extra cash on pot, but the Drug War will ruin your life with a conviction. Yeah – no contest.