The semi-legal or unregulated sector where cannabis is produced, sold, or distributed in a way that falls outside of fully licensed and regulated frameworks but isn’t entirely illegal. It often includes operations that may lack proper licenses or operate in legal loopholes, such as selling in states where cannabis is legal but without specific local permits. While gray market cannabis isn’t technically illegal, it also doesn’t adhere to the full compliance standards and taxation of the white market.
🔊 gray MAR·ket
In the Wild — Example
In a lot of cities the gray market operators are honestly doing a better job than the licensed dispensaries right now.
Have a better example? Suggest one.