Refers to activities that are illegal or unauthorized, conducted outside the bounds of legal and regulated frameworks. In the context of cannabis, illicit cannabis involves the cultivation, distribution, sale, or possession of cannabis products without government approval or licensing, often referred to as part of the black market. Unlike licensed products in the white market, illicit cannabis is not subject to quality testing, taxation, or regulatory oversight, posing potential risks to both consumers and sellers.
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In the Wild — Example
The illicit market continues to undercut legal prices in states where taxes make dispensary products expensive.
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