Altered State?: Assessing How Marijuana Legalization in by Beau Kilmer,Jonathan P. Caulkins,Rosalie Liccardo

By Beau Kilmer,Jonathan P. Caulkins,Rosalie Liccardo Pacula,Robert J. MacCoun,Peter H. Reuter

Legalizing marijuana in California could result in a massive decline within the pretax rate, however the cost for shoppers will count seriously on taxes, the regulatory regime constitution, and the way taxes and laws are enforced. The lower cost and nonprice results increases intake, however it is doubtful through how a lot. there's a lot uncertainty in regards to the influence on public budgets; even minor alterations in assumptions bring about significant changes in outcomes.

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