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Detailed text transcripts for TV channel - MSNBC - 20171120:15:55:00

they re basically modern day moon shiners. as more states loosen marijuana restrictions, isn t it going to wipe out the black market? you won t need it. that is certainly the argument. you look at that with alcohol. i mean, we talk about moon shining but, frankly, it doesn t seem like it is that big of an industry in this country anymore. as the legal marketplace expands, it scheeems like the bk market is being reduced. again, you have huge population centers like new york. if new york stays illegal, there s going to be the huge profit motive, once again, to keep not having to pay the taxes on the pot in california. some of these taxes, we re talking like, you know, 20%, 30%, 40%, talk of 50% taxes on marijuana once the consumer paid for it. it is a huge cut the growers no longer get. how about a little economic history in the world of weed. california is expecting a big economic benefit from the sale of recreational marijuana. you live in colorado where

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