If it is legalized, Aren't we only allowed at a max, one ounce?
That is according to the current laws in whichever states. Though I don't know the max, I assume the law says once ounce. When corps. and others are able to mass produce, amount is no longer an issue. You can buy as much alcohol as you want with no restriction as long as you're 21. We've all seen home wine cases with bottles and bottles. Freedom.
Farms that cultivate Cannabis need to take part in the hemp market, Which is a huge market. Right?
They need to? No. It might be in their interest. All that this can be composted, which would be green.
Drug cartels will go back to their harder drugs, mainly coke. Why would you be worried about their supply of guns if were cutting their income by a quarter or 30%. They buy guns with drug money...less drug money=less guns.
Why worry? Well they need cash. The only reason they're in this black market biz is because of the cash. MJ accounts up to 150billion. Coke is half of that. The thing with coke is there isn't as much of a demand for it as MJ. I assume the amount of demand will go down. Also as MJ is legalized, DEA and local LEOs will focus their attention on coke, meth, heroin, all those other drugs. That means harder times for gangs and distributors, and we all know from Tijuana and Mexico how far they'll go to stay in power. That's what I worry about. And if they can't buy it, they'll fight for them.
No, if that were happening, prices would go up.
I think what the article is trying to get as is this: more and more people can grow and distribute to dispensaries, but the dispensaries only want to buy at lowest amount so they can get the highest profit when sold to customers. The demand is high enough, the problem is that the supply of marijuana is so abundant that it almost becomes a renewable resource, therefore becoming a horizontal line on the S&D curve. So if the demand is high, but the supply is much higher, that means we get lower prices.