Re: Supply and demand question about drugs.
it depends where you are.
For instance I live in Canada, and decriminalizing weed would not necessarily increase the demand for weed, because it is already so ridiculously easy to get it. Nobody here says, "I smoke weed because its illegal" people dont smoke weed because they dont want to, at least where I'm at.
If anything, A. Probably be an increase in demand due to the increased amount consumed by those who already smoke. the demand part is tricker because little can be assumed about the producer's habits in the market. Will stores sell it? Will they continue to allow street sellers to sell it etc. However, considering the amount of people who smoke (especially here in Canada) I think the smart thing to do would be to increase the supply in order to capitalize on a market that is now legally accessible