1. There's already an oversupply. Anyone, anywhere in the US can get pot anytime they want. Adding more supply to an over-saturated market will not increase demand. If that were the case, all GM would have to do is double or triple the number of Volts they produce.
2. Given that each adult can have 6 marijuana plants at one time in their home, there are potentially hundreds of thousands of mom & pop operations. That's a lot of money that will be denied to the cartels and corrupt drug warriors.
3. The feds would be stymied against hundreds of thousands of small time growers, each selling a few ounces here and there. Simple economics and the current weak economy almost guarantee that will happen.
4.Drug warriors begin to see that their multi-decade scam is going up in smoke.
5. #4 is funny, I don't care who you are.
1. Which is why the established interests, “ie, cartels”, have an interest in regulating the supply. ;)
2. “That’s a nice little plantation you’ve got growing there. Be a shame to have something happen to it.”
What will happen is that the ‘small mom and pop’ growers you envisage will sell to the cartels. Start selling your own and try to cut out the middle man - watch as they shut you down.
3. Economies of scale guarantee just the opposite. Growing just 6 is uneconomical to produce.