Marijuana black market still thrives in Colorado, where pot is legal
Just because marijuana is legal in Colorado doesn’t mean the black market for the drug has disappeared. Rather, the opposite, police officials said.
“[Legalization] has done nothing more than enhance the opportunity for the black market,” said Lt. Mark Comte of the Colorado Springs police vice and narcotics unit, in The Associated Press. “If you can get it tax-free on the corner, you’re going to get it on the corner.”
Police are concerned that recent escalations in violence are tied to the legal recreational pot sales market. But their fears are only based on anecdotal evidence; nobody in state or federal government agencies is tracking the numbers of violent crimes that are tied to the marijuana market, AP reported.
Still others outside of the police community say concerns are unfounded, and that any black market residual will disappear once more stores open and the supply-demand curve is more balanced.I can see this going either way. If the black market can produce and deliver the pot cheaper by not paying taxes, the black market will stay. Of course the black-market will stay for the under 21 crowd. However, if a large enough number of suppliers are in business, and they don't form a cartel, supply and demand will keep the price low enough that its worth it to pay the tax.
Time will tell.