Wednesday, November 14, 2007

Feds Predict Major Drop in Marijuana Prices

StoptheDrugWar.org

Unless you measure success by the number of people arrested, the failure of the war on marijuana is becoming more obvious than ever before. A new Department of Justice report, Drug Threat Assessment 2008, reveals that increased indoor cultivation is flooding the U.S. market with high quality marijuana. As a result, marijuana users may soon be getting more bud for their buck:

In the section, "Predictive Estimates," the report concludes:
  • Increased cannabis cultivation may result in reduced marijuana prices.
  • The recent increases in cannabis cultivation and marijuana production within the United States coincide with the continued flow of marijuana from foreign sources, which may lead to market saturation [in] major markets. This saturation could reduce the price of the drug significantly.

That's good news for marijuana enthusiasts and bad news for anyone invested in trying to eradicate America's #1 cash crop. Ironically, drug warriors have often cited increased potency as evidence that marijuana is becoming more harmful. This is all nonsense, because users adjust their dose to achieve the desired effect, just as an alcohol user might drink a 12 ounce beer, but not 12 ounces of vodka (not to mention the lack of evidence that marijuana is harmful even in large doses). Nevertheless, the real story here is that marijuana eradication efforts are failing to affect price and supply.

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