Report: Legal Marijuana Brings ‘New Energy’ to Black Market
Michael del Castillo
January 5, 2016
Local drug dealers in New York City who specialize in selling marijuana are seeing a renaissance in their industry, but not one that is necessarily helping their bottom lines, now that their product is becoming increasingly socially acceptable and in some cases legal.
… “A lot of old-time dealers I know can’t command the same high prices they used to because there’s so much competition from guys who’ve got the same high-quality [product],” said Ric Curtis, an anthropology professor at John Jay College of Criminal Justice who has studied New York’s black market. He sees California weed even pushing out the lower-quality Mexican product in poorer parts of the city. “It’s hard to say how the market is going to play out, but it’s becoming saturated,” he said.’
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