Companies make stronger products and advertise them to make people curious because they are legalized.
Also, legal marijuana is sold at a higher price than illegal marijuana, making it uncompetitive in price compared to illegal marijuana.
The reason why legal marijuana is more expensive than illegal marijuana is because New York has been strictly regulating marijuana,
only issuing licenses to a small number of people, which naturally drives up the price.
How to curb the illegal marijuana market
The only way to make legal marijuana more price competitive is to deregulate it,
license anyone who wants to sell it and lower taxes so they can grow their business, and the illegal marijuana market will gradually disappear.
However, this would make marijuana as accessible to many people as alcohol and tobacco.
The Social Impact of Marijuana Deregulation
Alcohol and tobacco also cause a lot of social problems,
but they are hardly regulated. If marijuana were deregulated,
we don’t know what social effects it would have, but it would reduce the size of the illegal marijuana market.
