<p>In many countries drugs like marijuana are being increasingly legalized or at least decriminalized. In such circumstances, you would expect the previously illegal or bootleg marijuana producers to disappear. Yet, even under legalization, a black market remains. Is this a transitory phenomenon or are there reasons to expect the black market to remain in some form?</p>

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2021-08-21T08:03:31.667Z
John Stossel did a recent report covering this topic  https://www.youtube.com/watch?v=tP3fs_AuJHc&t=55s Basically as long as the government screws up while trying to overregulate a market black market will persist
CuriousIndeed
<markets><black-market>
Black Market Resilience
user37793
# Black Market Resilience

(Asked by: username_0 on 2021-08-20)

In many countries drugs like marijuana are being increasingly legalized or at least decriminalized. In such circumstances, you would expect the previously illegal or bootleg marijuana producers to disappear. Yet, even under legalization, a black market remains. Is this a transitory phenomenon or are there reasons to expect the black market to remain in some form?

**Tags:** markets, black-market
> **Comments:**
> **username_1**: John Stossel did a recent report covering this topic  https://www.youtube.com/watch?v=tP3fs_AuJHc&t=55s Basically as long as the government screws up while trying to overregulate a market black market will persist  

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## 0 answers

