this post was submitted on 19 Aug 2023
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No. A big reason why you see 10 pot shots on every street corner is because the shops needed to be licensed, and the licensure was a closed process. In other words, the government left it a secret as to whether or not your neighbour was going to also open a shop.
If you could have seen that your neighbour was opening a shop, as you could in a free market, chances are you would back away and find somewhere else before you sunk much into it. But the lack of a free market left people to guess β and many guessed wrong, only finding out after they were long into the process of running the business. At that point, you may as well try.
There is nothing free market about cannabis in Canada. It is regulated to the max.