But these statistics are wrong, according to the new book.
The authors write: “Analyses purporting to support the claim (that marijuana is the nation’s leading cash crop) must contort the numbers, citing the retail price of marijuana but the farm-gate price of other products, or pretending that all marijuana consumed in the United States in sinsemilla, or ignoring the fact that most marijuana used in the United States is imported, or simply starting with implausible estimates of U.S. production.”
Gettman’s figure of $35.8 billion is particularly specious, the authors contend, because it comes from multiplying a weighted average price of $1,606 per pound by an inflated annual production figure of 22.3 million pounds. The resulting number “is larger than the best estimates of the retail sales value of all marijuana consumed in the United States – including the marijuana that is imported,” according to the book.
|So imagine if it were legal, the demand for marijuana is no doubt high (no pun intended) considering it is the breadwinner for drug cartels, it's relatively cheap being a hardy plant, and supposedly vastly safer than tobacco, if it the stuff becomes truly legal, i'd be willing to bet it would eventually become larger than the tobacco industry once it becomes a fully realized commercial product.|