If there are a few licensed producers with restrictive or monopolistic influence on the production and sale of cannabis, then they will produce less and demand a higher price.
All producers of any good or service have incentives to produce less and ask for a higher price, but in a free and fair market, where consumers are sovereign, producers are subject to market forces, like competition, that keep prices down.
Government-protected cartels undermine what it means to live in a free society.
What are the odds Derry will trump the interests of an entire BC Bud market economy?
“He [Bill Blair] and I have been friends for 40 odd years, so I’ll certainly give him my opinion, whether he asks for it or not,” Derry said.
What about that other guy, Smitherman? Surely he is less of a hawk.
“I don’t think we are going toward a model where legalization means you should grow some stuff in your backyard.”
If you can’t grow your own, then it’s not legalization.
Ontario politicians are dictating to western Canada on legalization.
We literally have a licensed producer and a former cop, openly calling for the destruction of the current BC Bud economy, and admitting that he will be lobbying the government to achieve this end.
Is this what Liberal Party supporters in the cannabis culture voted for? Because this is what politicians do — they work for their financial backers and bow to special interests.
Legalization is shaping up to be merely a new form of prohibition.