420 with CNW – DEA Admits State-Level Cannabis Legalization Puts a Squeeze on Illicit Sellers

In a report, the Drug Enforcement Administration acknowledged that state-level marijuana legalization minimizes illicit interstate trafficking. The DEA was giving an overview of its enforcement efforts in its performance budget submission to Congress for the 2021 fiscal year. The DEA also predicted the upcoming future trends. In the report, the DEA admitted that allowing consumers to access marijuana legally means that the demand for cannabis products sourced from the black market would decrease.

The DEA further said that after the legalization of medical marijuana in Florida in 2017 resulted in retail distribution centers throughout the allowed location, it is expected that the legalization of less than 10% HTC smokable medical marijuana bud in March of 2019 would lead to a growing market for low-THC weed.

The document further states that until Florida legalizes marijuana products with high THC concentration, the residents of Florida will continue buying marijuana products with higher levels of THC from California and other states. And the potential of abusing Florida’s law remains a possibility because of the difficulties facing law enforcement when it comes to detecting THC potency.

The DEA recognizes that people prefer buying marijuana legally, and this disrupts the illicit market, thus the use of the word “until” when discussing the possibility of recreational marijuana legalization within the state.

The political director of NORML, Justin Strekal, said that the DEA conclusion is obvious. He also noted that smuggling of black market marijuana in a legal and regulated market would decline just as the practice of bootlegging moonshine declined after alcohol legalization. He then stated that over the years, they have seen this trend in the country.

The use of the word “if” shows that the Department of Justice is aware of the possibility of marijuana legalization, Striekal observed.

Striekal also noted that the days of marijuana prohibition are nearly over and what we are living through is the death rattles of the ban.

Federal data of the Border Patrol drug confiscation shows that the legalization of marijuana at the state level has reduced the demand from the black market. A report published by the Cato Institute in 2018 revealed that state-level marijuana reforms are associated with the decline in marijuana trafficking.

Besides, state-level legalization of marijuana seems to be helping to minimize the number of federal cannabis trafficking prosecutions.

Last month, the head of the labor union that represents the U.S. Border Patrol agents also acknowledged that cartel activities are being disrupted by states that have legalized marijuana since people can now access weed legally.

Experts suggest that marijuana industry players like MCTC Holdings Inc. (OTC: MCTC) may be wondering why the federal government doesn’t analyse such observations and end prohibition once and for all.

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CNW420 spotlights the latest developments in the rapidly evolving cannabis industry through the release of two informative articles each business day. Our concise, informative content serves as a gateway for investors interested in the legalized cannabis sector and provides updates on how regulatory developments may impact financial markets. Articles are released each business day at 4:20 a.m. and 4:20 p.m. Eastern – our tribute to the time synonymous with cannabis culture. If marijuana and the burgeoning industry surrounding it are on your radar, CNW420 is for you! Check back daily to stay up-to-date on the latest milestones in the fast -changing world of cannabis.

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