Re: LEGALIZE IT
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It's on a black market. They have to spend a lot of money defending themselves from police knocking down their doors. If they get caught dealing they're screwed by current laws. They also don't have access to legitimate arbitration and courts, which usually leads to more violence. They also can't operate in the same effecient manner legitimate businesses can (ie, you don't see sneaker dealers selling shoes on strett corners do you). All of these not only drive up costs and in effect prices, but also the risk associated with dealing. Since there's more risk involved (a) On average more intelligent people move on to legitimate businesses, leaving less intelligent people with on average less efficient business models and (b) those that do participate want more money to make up for the added risk, passing those costs on to the consumer (Would you rather make $50,000 doing something legal or doing something illegal, how much more money would you have to be making to make up for the risk associated with doing something illegal?)
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This is a good reply and answered my question. I actually thought of this after making my post.
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Legit companies would sell pot, but no company in their right mind would sell meth. They would be subject to a nightmare of liability issues, .
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What liability issues?
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I was thinking of liability as a result in defects in marketing. You would have to be extremely careful marketing meth. Any improper instructions or failure to warn people sufficiently would get a company in big trouble. Cigarette companies have been routinely sued. Vendors of Alcohol are routinely sued. It’s just that there is such a demand for Alcohol and cigarettes that the financial reward is greater than the risk of law suit.
I’m assuming this would also be the case for Marijuana, but I’m assuming it would not be for meth. These are big assumptions on my part and I’m pulling them out of my ass. So maybe there wouldn’t be a problem.
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