Bill Bonner: Reefer Madness!

Bill-Bonner2

“It’s all about control and money, not freedom. It will be heavily licensed, regulated and taxed. There will be a lot of money in it… it’s like the liquor business when they got rid of prohibition.  If you legalized pot, prices would collapse. Nobody wants that. What they’re really doing is shifting the margins from the smugglers and dope dealers to the government.  You’ll be able to get pot… without worrying about going to jail or associating with shady characters. The quality is much higher than the stuff we smoked in college. And the people in the business – licensed producers, wholesalers and retailers – will make a lot of money. So will the government. Everybody will be happy.”

http://www.bonnerandpartners.com/reefer-madness/

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