http://www.thecannabist.co/2017/06/...cannabis-businesses-marijuana-industry/81746/
Writes Gary North:
The first stage of every cartel is a call for self-regulation by independent producers of some product or service. Second, the newly formed group calls for national regulation, with present members of the self-promoted group in charge of setting standards. Third, federal sanctions imposed on sellers who are not members. This keeps price-competitive sellers out of the market.
Beware of anyone who blows smoke about how a cartel protects the public.
Writes Gary North:
The first stage of every cartel is a call for self-regulation by independent producers of some product or service. Second, the newly formed group calls for national regulation, with present members of the self-promoted group in charge of setting standards. Third, federal sanctions imposed on sellers who are not members. This keeps price-competitive sellers out of the market.
Beware of anyone who blows smoke about how a cartel protects the public.
