One of the great mysteries of Colorado’s legal pot experiment remains: Will legalization take down the black market?
It’s too early to say definitively, but one Colorado drug dealer is saying the high prices of legal recreational weed in its first two months — including a $24.50 gram of Super Lemon Haze at Medicinal Wellness Center recently documented in The Cannabist’s strain reviews — hasn’t hurt his business. In fact, his business is actually better because of the high legal recreational prices.
“If anything (legalization) has helped (my business),” the unidentified dealer tells CNBC’s Harry Smith in the network’s “Marijuana in America: Colorado Pot Rush” documentary, which premiers on Feb. 26. “It’s overpriced. It’s being taxed way too high, and I feel like the prices should definitely come down lower.”
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The dealer talks from behind a hat, sunglasses and a scarf covering any identifying facial characteristics — and yet he says he’s no longer concerned about law enforcement: “Cops are chilling. They’re looking for meth dealers and heroin dealers.”
As for product, this dealer said he’s not hurting for sources.
“There’s a lot of good grows in Colorado. This is one of the best places to be if you wanna get some of the best bud in the country, better yet the world.”