While liberals have been campaigning to legalize marijuana for years, they may not like the results, it turns out. Recreational pot became legal in Nevada on July 1, causing a rapid spike in prices for medical marijuana users, who are turning to the black market instead.
Medical marijuana dispensaries have noticed a decrease in their regular customers, and patients are admitting buying from street dealers to avoid the higher prices. While dispensaries are trying to create discount schemes to offset higher prices, but it may not be enough to compete with cheaper prices on the black market.
“It changed the whole quality of my life,” commented Emily Wilson, a medical marijuana patient in Las Vegas. “Now our prices have almost doubled in some places.”
According to the Daily Caller:
Staff at medical marijuana dispensaries in the state are noting a decrease in regular customers, while patients say many of their peers are opting for cheaper prices from street dealers. The marijuana industry is off to a lucrative start in Nevada, raking in nearly $3 million over the first four days of legal sales, however, the enormous consumer interest is causing prices to steadily climb, reports KTNV.
High demand across the state of Nevada for marijuana is causing numerous problems in the first weeks of the state’s recreational market. Dispensaries are selling marijuana at such a fast rate since opening their doors that it is creating a weed shortage in the state.
The early sales figures put Nevada dispensaries on pace to make nearly $30 million by the end of the year.