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I-News report: Marijuana economics

I-News report: Marijuana economics

Katie Kuntz
Rocky Mountain PBS I-News August 23, 2014

After seven months of recreational marijuana sales in Colorado, the newest goal of state regulators is to increase the amount of marijuana produced and sold by legal retailers.

“Right now we are pretty significantly under what should be produced,” said Ron Kammerzell, deputy senior director of enforcement for the state Department of Revenue.

“What that does is raises the prices and if the price is too high, then we can’t compete with the black market and that was our ultimate goal with Amendment 64 — we wanted to eliminate the black market,” Kammerzell said

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