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This material may not be published, broadcast, rewritten, or redistributed. ©2026 FOX News Network, LLC. All rights reserved. Quotes displayed in real-time or delayed by at least 15 minutes. Market data provided by Factset. Powered and implemented by FactSet Digital Solutions. Legal Statement. Mutual Fund and ETF data provided by LSEG.

Scott Chipman

Scott Chipman is vice president at Americans Against Legalizing Marijuana. 

Young adult man rolling a marijuana joint
Opinion
June 8, 2026

Legalizing pot didn’t kill the black market, it created a marketing department for it

Legal cannabis sales in California dropped 11% as the black market captures over 60% of marijuana consumed, raising questions about legalization.

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