This study aimed to investigate the results of new cannabis policies, focusing on the state of Colorado and how the implementation of retail legalization affected the illicit black market of cannabis in the state. It analyzed ten interviews from black market operators using Grounded Theory methods, including the process of open-coding, the creation of axial codes, and finally the formation of a tentative core. After studying the tentative core, it was clear that they aligned perfectly with a strategic management Environmental Scan model for industry evaluation. Careful analysis of the operations of the black market industry, including opportunities and threats stemming from the effect of legalization, showed that the implementation of this policy has forced a change in black market operations in Colorado.
The author has given permission for this work to be deposited in the Digital Archive of Colorado College.
Colorado College Honor Code upheld.
Includes bibliographical references.
The author has given permission for this work to be deposited in the Digital Archive of Colorado College.
Colorado College Honor Code upheld.
