The results are the same irrespective of the product.
California’s legal marijuana marketplace is coming with a kaleidoscope of new taxes and fees that could influence where it’s grown, how pot cookies and other munchies are produced and the price tag on just about everything.
Be ready for sticker shock.
On a retail level, it costs about $35 to buy a small bag of good quality medical marijuana in Los Angeles, enough to roll five or six joints.
But in 2018, when legal sales take hold and additional taxes kick in, the cost of that same purchase in the new recreational market is expected to increase at the retail counter to $50 or $60.
At the high end, that’s about a 70 percent jump.
There is already a robust black market for marijuana in California. This will help it continue to thrive.
Owen’s lesson in economics is sound, but I find it hard to lower taxes on pot smoking hippies.
If they got enough money to smoke it, they have enough to pay the tax.
I like playing that envy card….
With the fires, a significant portion of California’s marijuana crop has been destroyed but there is still Hawaii and Mexico as major suppliers that could possibility fill the void. What would the Feds do about interstate trafficking from illegal pot farms out of state to the needy dopers in California? Will market forces make that 5 joint baggie jump to $100 or more.
k:
The same could be said about high sugar, nutrient poor dairy treats.
Nord
Are you comparing wholesome family dairy treats to disgusting pot smoking hippies?
I knew you had no shame as a liberal, but c’mon…
Not at all. I’m not a proponent of pot, legal or otherwise. But the useless calories in any DQ treat beg the question. Wholesome, HA !