amazing! California produces five times as much marijuana as it can sell -- and yet consumer prices are going up, and there's worry about a supply shortage! California cannabis is having a crisis of capitalism, which means major profits for a select fewhttp://observer.com/2018/03/california-faces-cannabis-undersupply-growers-struggle-to-get-permits/ …
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I would argue -- and have reported-- that market forces have influenced policy makers to create this artificial state of scarcity. Hence, manufacturing a "crisis" that is a boon to a select few: those same market forces able to charge shortage-level prices in a flooded market.
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Um, everyone lives in mixed systems in this world. But OK.
End of conversation
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$50k+ licenses keeps competition slim, consumers pay.
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