The black market is a thriving industry for illicit drugs, and some of these substances come with a hefty price tag. In this article, we will take a closer look at the most expensive drug in the black market and what makes it so valuable.
For instance, in 2010, OxyContin released a new and harder to crush format, making it more difficult to obtain and abuse the resulting powder. OxyContin’s street price skyrocketed, and by 2012, only 12.8 percent of Americans were choosing to abuse OxyContin, down from 35.6 percent.[39] Prescription opioids began to fall out of favor and Oxy abusers instead turned to the old standby, heroin. To mitigate the difficulty faced by drug suppliers in exchanging LBPs to USD, the Central Bank initiated a subsidy system to increase drug availability in November 2019. The Central Bank subsidized 85% of the USD value needed to buy medicines, requiring drug importers to fund the remaining 15% USD value at the LBP-to-USD black-market exchange rate[4, 10, 11].
Costliest Medicare Part D Prescription Drugs
What is the Most Expensive Drug in the Black Market?
- “It’s a poison pill; it guts the entire bill by excluding nearly all high-cost drugs from being reviewed,” said Kenza Hadj-Moussa, spokesperson for progressive political group TakeAction Minnesota.
- Black markets also arise when people don’t want to pay taxes on the transaction for legal or illegal goods or services.
- These health risks contribute to the high price of drugs, as users are paying not only for the substance itself but also for the potential consequences of their addiction, including medical costs.
- Legal prices – driven up by taxes – have been a factor in helping keep the black market “as rampant as ever”, he says.
- Black markets have a number of downsides, some of which are subjective, but many of which almost everyone would agree are serious problems.
- Silk Road is an anonymous online marketplace structured as a Tor hidden service (see Figure 2) [39].
Drug trafficking is widely regarded by lawmakers as a serious offense around the world. Penalties often depend on the type of drug (and its classification in the country into which it is being trafficked), the quantity trafficked, where the drugs are sold and how they are distributed. If the drugs dark web marketplace are sold to underage people, then the penalties for trafficking may be harsher than in other circumstances. While the U.S. might be on the path to potentially reversing some of the harshest impacts of the war on drugs, America’s battle against illicit substances is likely here to stay.
Illegally Logged Timber
The title of the most expensive drug in the black market goes to Rhino Horn. Yes, you read that right. Rhino Horn, a substance that is harvested from the horns of live or dead rhinoceroses, is currently the most expensive illicit drug in the world.
Moreover, the mounting debt that Lebanese drug importers owed international pharmaceutical companies further limited their ability to import drugs regardless of subsidy status [11]. Silk Road is an anonymous online marketplace structured as a Tor hidden service (see Figure 2) [39]. Prospective buyers access Silk Road through a distributed network, which provides anonymity to the IP addresses of both the buyer’s Web client and the Silk Road server [40].
The War On Drugs Is Basically A War On Marijuana
Why is Rhino Horn So Expensive?
Illegal cannabis is fairly potent in Turkey and herbal cannabis THC levels can be as high as 27.34%, while resin (hash) can be as high as 25.21%. To collect data for this article, we have referred to the 2023 Cannabis Price Index by the CFAH, looking for the Cities with the Most Expensive Weed in the World. To keep our list relevant, we have only selected larger cities with populations of 200,000 or more. When two cities had the same price of weed, we ranked them by their annual cannabis consumption instead. Germany is the latest country to approve a plan to liberalize rules on cannabis, setting the scene for E.U.’s most populous nation to decriminalize possession of limited amounts and allow members of ‘cannabis clubs’ to buy the substance for recreational use.
Rhino Horn is highly prized in some cultures, particularly in parts of Asia, for its supposed medicinal properties. It is believed to cure a variety of ailments, including fever, rheumatism, and gout. However, there is no scientific evidence to support these claims. Despite this, the demand for Rhino Horn remains high, driving up its price on the black market.
Another factor that contributes to the high price of Rhino Horn is its rarity. Rhinos are an endangered species, and the illegal hunting and poaching of these animals has led to a significant decline in their population. As a result, the supply of Rhino Horn is limited, making it a highly sought-after commodity.
The Dangers of Rhino Horn
The two most expensive drugs in April 2023 in this class are gemfibrozil at 987,476 LBP (10.45USD) and atorvastatin at 953,770 LBP (10.1USD). For one cardiovascular drug, sacubitril/valsartan, the price appears to plateau across timepoints. However, as seen in S1 Table, it has been in shortage since 2021 and remains completely unavailable as of April search engine dark web 2023. Given the absence of governmental data on mean individual and household incomes and the daily devaluation of the LBP, calculating monthly incomes required extrapolation from existing data [17]. To achieve this, we used the International Labor Organization’s (ILO) report on mean income in 2018–2019 as our pre-crisis income (August 2019).
It is commonly mixed with drugs like heroin, cocaine, and methamphetamine and made into pills that are made to resemble other prescription opioids. Fentanyl-laced drugs are extremely dangerous, and many people may be unaware that their drugs are laced with fentanyl. The legal marijuana industry in America increased 74 percent in 2014, up to $2.7 billion.[24] The shift to a more local market has caused the Mexican cartels to change gears and move toward other drugs in an attempt to continue to profit from the drug trade. Heroin and meth seem to be the answer as seizures of both of these drugs at the US/Mexico border increased as marijuana seizures declined. Mexican drug cartels are now heavily involved, and organized crime syndicates both manufacture and distribute the finished product as well as secure the main ingredients for domestic production in numerous smaller labs around the country.
While Rhino Horn may be valuable on the black market, it is important to note that its trade is illegal and carries serious consequences. Poaching and selling Rhino Horn is a punishable offense, and those caught engaging in this activity can face severe penalties, including fines and imprisonment.
Furthermore, the illegal trade of Rhino Horn has serious consequences for the environment. The poaching of rhinos threatens the survival of this already endangered species, and the loss of these animals can have a ripple effect on the entire ecosystem. It is crucial that we take action to protect these magnificent creatures and put an end to the illegal trade of Rhino Horn.
Conclusion
Rhino Horn is currently the darknet markets onion address, with a high demand and limited supply driving up its price. However, the illegal trade of this substance carries serious consequences, both for those involved and for the environment. It is important that we take action to protect rhinos and put an end to the illegal trade of Rhino Horn.