HomeUploadUpload DirectHotlinkRandomAbouttheme toggle
Expand

California's Legal Weed Is So Heavily Taxed and Regulated That the Black Market Might Survive

Views:1084
@ReasonVids

"The situation in the market is pretty dire," one major cannabis seller told us.

----------------

Subscribe to our YouTube channel: http://youtube.com/reasontv
Like us on Facebook: https://www.facebook.com/Reason.Magaz...
Follow us on Twitter: https://twitter.com/reason
Subscribe to our podcast at iTunes: https://goo.gl/az3a7a

Reason is the planet's leading source of news, politics, and culture from a libertarian perspective. Go to reason.com for a point of view you won't get from legacy media and old left-right opinion magazines.

----------------

As of January 2018, anyone over the age of 21 can walk into a store in California and pick up some marijuana. All you need is some cash or a credit card.

To learn more about how legalized recreational cannabis sales works, we tracked a product, the Kiva chocolate bar, up the supply chain—from seed to sale. We talked to cannabis entrepreneurs along the way to find out what's changed for them operating in a legal state market.

And what we found was surprising: Anxiety about the future of the legal market under California's highly regulated—and highly taxed—system.

Some industry insiders told us that if the legal market remains so overtaxed and overregulated that the black market will continue to stay in business.

"The situation in the market is pretty dire," says Kristi Knoblich Palmer, COO and co-founder of KIVA, which had to lay off employees for the first time in the company's history after recreational legalization went into effect. "That has everything to do with the cost of cannabis to the end consumer."

Produced by Zach Weissmueller. Camera by Alex Manning and Weissmueller.

"kick, push" by Ryan Little is licensed under a Creative Commons Attribution-ShareAlike license (https://creativecommons.org/licenses/by/4.0/)
Source: http://freemusicarchive.org/music/RyanLittle/~/kickpush
Artist: http://freemusicarchive.org/music/RyanLittle

"Soul High" by Ryan Little is licensed under a Creative Commons Attribution-ShareAlike license (https://creativecommons.org/licenses/by/4.0/)
Source: http://freemusicarchive.org/music/RyanLittle/BeforeDawnII/02SoulHigh
Artist: http://freemusicarchive.org/music/RyanLittle

"Sand Castles" by Ryan Little is licensed under a Creative Commons Attribution-ShareAlike license (https://creativecommons.org/licenses/by/4.0/)
Source: http://freemusicarchive.org/music/RyanLittle/BeforeDawnII/06Sandcastles
Artist: http://freemusicarchive.org/music/RyanLittle

"Street Light" by Ryan Little is licensed under a Creative Commons Attribution-ShareAlike license (https://creativecommons.org/licenses/by/4.0/)
Source: http://freemusicarchive.org/music/RyanLittle/BeforeDawnII/11StreetLight-LIFERyanLittleBoomBapEdit
Artist: http://freemusicarchive.org/music/RyanLittle

"Get Up" by Ryan Little is licensed under a Creative Commons Attribution-ShareAlike license (https://creativecommons.org/licenses/by/4.0/)
Source: http://freemusicarchive.org/music/RyanLittle/BeforeDawnII/07GetUp
Artist: http://freemusicarchive.org/music/RyanLittle

"Cast in Wicker" by Blue Dot Sessions is licensed under a Creative Commons Attribution-NonCommercial license (https://creativecommons.org/licenses/by-nc/4.0/)
Source: http://freemusicarchive.org/music/BlueDotSessions/Aeronaut/CastinWicker
Artist: http://freemusicarchive.org/music/BlueDotSessions/

"Tranquility Base" by A.A. Aalto is licensed under a Creative Commons Attribution-NonCommercial license (https://creativecommons.org/licenses/by-nc/3.0/)
Source: http://freemusicarchive.org/music/AAAalto/BrightCorners/TranquilityBase
Artist: http://freemusicarchive.org/music/AAAalto

libertarian
,
reason magazine
,
reason.com
,
reason.tv
,
reasontv
,
marijuana
,
edibles
,
california
,
recreational legalization
,
weed
,
pot
,
cannabis
,
legal pot
,
regulation
,
taxes
,
prohibition
,
jeff sessions
    Thumbnail for Stossel: Little Pink House4:09
    Stossel: Little Pink House
    ReasonVids
    951 views
    Thumbnail for Libertarian Party Candidate Gary Johnson on Voting Libertarian For One Election5:38
    Libertarian Party Candidate Gary Johnson on Voting Libertarian For One Election
    ReasonVids
    925 views
    Thumbnail for 1500 Water Balloons + Trampoline- SLO MO!! | Mark Rober3:59
    1500 Water Balloons + Trampoline- SLO MO!! | Mark Rober
    science.topic
    133 views
    Thumbnail for What does an Australian look like?0:55
    What does an Australian look like?
    bestofupgoat
    404 views
    Thumbnail for Simplified Chess | Chess Artist4:55
    Simplified Chess | Chess Artist
    invidious
    461 views
    Thumbnail for "Israel took up the sword, now it'll perish by the sword" US Marine Scott Ritter | Redacted News21:29
    "Israel took up the sword, now it'll perish by the sword" US Marine Scott Ritter | Redacted News
    invidious
    229 views
    Thumbnail for Can we do continents? 1:08
    Can we do continents?
    bestofupgoat
    76 views
    Thumbnail for Anti-Free Speech Activists at the 2014 AmRen Conference0:40
    Anti-Free Speech Activists at the 2014 AmRen Conference
    AmericanRenaissance
    1272 views
    Thumbnail for army ants invading a wasp nest1:07
    army ants invading a wasp nest
    bestofupgoat
    131 views
    Thumbnail for Beautiful Woodburn Art0:37
    Beautiful Woodburn Art
    AOUisgay
    599 views
    Thumbnail for What Will the End of the Drug War Mean for Addicts? Look to Oregon.11:51
    What Will the End of the Drug War Mean for Addicts? Look to Oregon.
    ReasonVids
    1025 views
    Thumbnail for Making Viral Indian Street Food #shorts #coke | albert_cancook0:29
    Making Viral Indian Street Food #shorts #coke | albert_cancook
    invidious
    158 views
    Thumbnail for KAUF Smart Plug with ESPHome Installation | Kaufman Home Automation3:57
    KAUF Smart Plug with ESPHome Installation | Kaufman Home Automation
    invidious
    309 views
    Thumbnail for Did You Know THIS About Attack of the Clones? #shorts | Vader's Order0:37
    Did You Know THIS About Attack of the Clones? #shorts | Vader's Order
    invidious
    174 views
    Thumbnail for Ghibli0:45
    Ghibli
    bestofupgoat
    148 views
    Thumbnail for Income Inequality: The Debate Ignores Race14:33
    Income Inequality: The Debate Ignores Race
    AmericanRenaissance
    1698 views
    Thumbnail for Liberal or Labor, Third World Australia.2:48
    Liberal or Labor, Third World Australia.
    bestofupgoat
    101 views
    Thumbnail for I think dulcima will like this one0:40
    I think dulcima will like this one
    bestofupgoat
    234 views
    Thumbnail for Who's Crazier? Christopher Dorner or the Country?10:54
    Who's Crazier? Christopher Dorner or the Country?
    AmericanRenaissance
    1660 views
    Thumbnail for Raiding California: Medical Marijuana and Minors10:01
    Raiding California: Medical Marijuana and Minors
    ReasonVids
    904 views
    Thumbnail for LA's New Crack Epidemic: Sidewalks4:24
    LA's New Crack Epidemic: Sidewalks
    ReasonVids
    936 views
    Thumbnail for Christmas ready #moms #christmas #christmastime #shorts #momlife | Krystianatiana0:24
    Christmas ready #moms #christmas #christmastime #shorts #momlife | Krystianatiana
    invidious
    162 views
    Thumbnail for Trump can’t speak jeet 0:08
    Trump can’t speak jeet
    bestofupgoat
    153 views
    Thumbnail for The Cranberries - Zombie guitar lesson0:38
    The Cranberries - Zombie guitar lesson
    invidious
    367 views
    Thumbnail for This Border Patrol Agent Resigned After Changing His Mind About Immigration8:03
    This Border Patrol Agent Resigned After Changing His Mind About Immigration
    ReasonVids
    919 views

points

Permalink
Reply
libertarian
,
reason magazine
,
reason.com
,
reason.tv
,
reasontv
,
marijuana
,
edibles
,
california
,
recreational legalization
,
weed
,
pot
,
cannabis
,
legal pot
,
regulation
,
taxes
,
prohibition
,
jeff sessions
TOS  •  Add Keywords  •  Donate  •   Analytics  •   DMCA  •   Puzzle