Motley Fool Article Says Illinois Legislation Is Designed To Sabotage Regulated Market In Favour Of Black Market

Motley Fool Article Says Illinois Legislation Is Designed To Sabotage Regulated Market In Favour Of Black Market

MF highlight an argument pushed by MJ Biz, writing. “Illinois’ restrictive retail licensing approach that’s designed to deter business monopolies and oligopolies may actually incentivize consumers to shop in the illicit market.” We respectfully disagree. It’s a poor argument to say that monopolies, duopolies and oligopolies will steer users towards the regulated market. In fact we’d argue the opposite. Just imagine if coffee were regulated in the same way as cannabis and the only places we could buy the world’s favourite hot beverage from, were the following paragons of quality,  Starbucks, Dunkin’ Donuts & McDonalds. Would consumers not go to small(illegal) roastaries to locate coffee that actually tastes like coffee. Our  limited experience of  a small amount of players in a large consumer market always points to  profit over quality. Illinois may not have a perfect plan for regulated cannabis; who does?  Here at CLR we’d much rather see legislation that allows for smaller local players to build brands and loyal local customer bases that rely upon interaction with the customer and their needs rather than a top down supply system based on capturing the numbers. Looking at what MF are saying the market is a short term numbers game…

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Source : CANNANNEW REPORT
Link to original : Motley Fool Article Says Illinois Legislation Is Designed To Sabotage Regulated Market In Favour Of Black Market
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