Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

Disagree. Much more societal harm comes from the supply side (cartels, street gangs) than users, and much of the harm for/from users goes away if prices adjust to what they actually cost to produce (a tiny fraction of street price), and if the products are lab tested for potency and purity.


> if prices adjust to what they actually cost to produce (a tiny fraction of street price)

Nothing. Absolutely nothing is priced at “actual costs to produce.” Nothing. I wish it were the case though maybe one day.


Sorry, I was imprecise in my wording... obviously there has to be profit, but not the 10,000%+ margins hard drugs "enjoy".


This pitched scenario has played out in exactly zero markets around the world, including all of the legal-marijuana states right here in the US.


Cartels aren't generally dealing in marijuana, it's small potatoes.


It's not just cartels in the classical sense.

In CA, it's cheaper to buy illegal marijuana than going to one of the licensed stores, for a whole variety of reasons.

That "market arbitrage" opens the door for a lot of things to occur - all things proponents of legalization promised would go away.


The market for hard drugs and marijuana are totally different.


Little bit of a straw man there. Nobody said they weren't different things.

The promises of the legalize-marijuana crowd have not become true. There is still crime revolving around marijuana in CA, it's more expensive than it was before legalization, and the tax revenue is a drop in the bucket for CA.

So all we "gained" was a bunch more people using marijuana...


You kinda did by talking about marijuana exclusively while I was talking about hard drugs.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: