RE: Colorado bans CBD sales.
You're absolutely right.
It was awesome in Colorado when the Supreme Court basically legalized Medical Marijuana. Due to the court ruling, there was literally a near free market to marijuana business, with the exception being consumers needed to buy a $90 medical license to purchase marijuana.
At that time, the business was amazing, service was amazing. Prices plummeted, and state regulation was non-existent. For about 2-3 years the Marijuana industry flourished in a manner that truly made me proud of the free market. Then the state government got involved, and ever since then, prices went up, taxes went up, products began to be tightly controlled. Businesses were mandated to have absurd expensive chemical testing of their products. Once the government got involved, the black market sprang back up. And now, if you want the best deal for products, you must buy on the black market.
This is absolutely true. All the state's efforts have done is created a black market by driving up the costs of operations so high that the average person could never hope to afford to get into the legal market. Now people do what they did when it was illegal, grow the shit and sell it anyways.