Top Ten Potential Surprises for 2022
Stansberry Investor Hour
00:00
The Illicit Market Is the Biggest Competitor to the Legal Market
I think what you've seen with, you know, the forty states or so that are have so got a legal programme right now. And i think step one was just getting it through the state assemblies. The other way they do it is rationalizing the tax structure a little bit. Some of the more progressive states are saying year one, taxes are going to be relatively low. So, you kow, they're looking to get that bolus of illicit market to transition to legal early on and then start to slowly ramp the taxes on it. You know, i don't know all of em off top o my head right now, but there's probably half of em are doing that way
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