Black market strong at least until 2025 according to Marijuana
experts!
MARIJUANA
What happens to the weed black market when recreational marijuana goes legal Jan. 1? ‘I see it opening the door to more clients,’ one dealer says.
Recreational marijuana sales start Jan. 1, but it could be years before pot users abandon their black-market weed dealers.
Chicago-area residents who buy marijuana from dealers say they’re excited to buy it from stores, to learn more about the products and not risk the fines or criminal charges associated with illegal weed possession. However, the obstacles of moving customers away from the black market are mounting.
Advertisement Pause Unmute Remaining Time-0:22 Fullscreen The legal weed industry is expecting shortages next year, which could mean higher prices, buying limits and empty shelves at stores. If marijuana sold in stores is too expensive or there is a lack of product at convenient locations, buyers might stick with their dealers.
Illegal sales of marijuana in Illinois are expected to outpace legal sales at least through 2024, according to data from cannabis industry research firm BDS Analytics.
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