Does LEGAL Weed Cost More? – Analysis

(For context, this was filmed a few years ago, not in 2018) Legal weed costs more…Or does it cost less than black market weed? Legalization and Taxation with it, brought this question to the forefront as consumers in legal Cannabis jurisdictions wrestled with the theory of whether legal marijuana will have a higher price than its illegal counterpart as time went on. Initially things were looking expensive and scary. Since then prices have normalized and now (2016) they are even dropping lower! Today on Lex’s World I will be talking about cannabis economics and giving my two cents on why I believe that soon-to-be legalized jurisdictions like California, Nevada, these high prices will be short-lived and why there are VERY good things ahead.

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My April, 2015 visit to Denver: https://www.theweedtube.com/denver-cannabis-cup-2015-420-summary/

Starting a legal career in the Cannabis Industry Guide: https://www.theweedtube.com/start-a-career-in-cannabis-how-to/

Cannabis Wholesale Price for Denver as of Sept 1, 2016: http://www.businessinsider.com/marijuanas-getting-cheaper-in-colorado-2016-9

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