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Weedenomics

The David McWilliams Podcast

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Is There a Significant Reduction in Illegal Drug Revenues?

Yadia: Regulation does not remove organized crime. No, straight way. It takes time. And what we're learning from the regulation markets t it's really anywhere for between three, four and five years that we see the impact currnt y initially. People never tried canadas before, are cut a curious or stayed away from it due to prohibition. But because of prices coming down, somewhat inadvertently, due to overproduction, we're seeing the price and the value of the illicit market declining in the way that all of us wanted to see.

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