Weed, pot, marijuana, whatever you’d prefer to call it is becoming extremely cheap at an alarming rate. You would think that in this day in time, where states are legalizing marijuana left and right, that governments would take advantage and tax the hell out of an average dub or whatever. But nah…
The increased supply in your local dispensaries have caused prices to drop. A couple of years ago Washington conducted a policy experiment. With the information they’ve gathered, prices has drop each month by 2 percent. Now for those who are producing a product that’s in high demand means that they’re kind of fucked. Why is that if they’re working along these dispensaries? I mean, as bold as it is, they would have to compensate to avoid being arrested and caught in other legal mumbo jumbo. It’s sort of a win/lose situation.
With 24 states and DC siding with the green, with its boundaries of course, what would happen if marijuana was legal EVERYWHERE. Can you imagine how companies would MILK the idea of consuming of weed. omg. I’m almost sick just thinking about how Arby’s would incorporate the munchies in an ad for their repulsive sandwiches. I mean, besides that, bigger corporations, their shareholders and the government would flourish. Money isn’t a thing so compensating wouldn’t be an issue because of it being a billion dollar industry. Therefore, at that point it’ll be dirt cheap. On the flip side of things the State itself would save about $12 billion.
Replacing marijuana prohibition with a system of taxation and regulation similar to that used for alcoholic beverages would produce combined savings and tax revenues of between $10 billion and $14 billion per year
So what does that mean for the consumers? Well, cheap(er) weed. Currently you can walk into dispensaries meaning to grab an eighth and walk our with a damn bundle of goods. With a 24% decrease, per year (let’s just say) just imagine what you could benefit from it. The fact remains that as long as the plant grows there will always be product. It’s worth debating about until the day come.
Feel free to leave some comments!