Estimates may not reflect the ultimate reality.
Why do moonshiners still exist?
The higher the taxes the bigger illegal sales.
Taxes all paid in cash?
The inability of Banksters to take pot-related bidness deposits must be good for the laundry industry...
Your post nailed it right out of the gate.
the sedation of the lower orders begins. our brave new world has begun.
and nobody cares.
Sure there be $50million in marijuana tax revenues. The dope smokers would never think about smoking non taxed weed, that would be illegal.
MJ taxes will be just like gas taxes that don’t go to roads.
People will just drive out of town for their weed. It takes a liberal to not know this.
And people will start buying black market MJ.
LA Expects a lot of things that never come true guess it’s why Ca is 2 trillion in debt day light has been shut off to them years ago.
So enough money to fix maybe 100 pot holes
The makings of a truly green economy and budding utopia.
?? Or a smokescreen to spend even more on frivolities?
And probably spend $500 million a year to take care of the deadheads that get hooked so hard on it to the point they can’t function as a useful member of society. Hey, maybe that’s where all the zombies I see stories about on TV come from.
$50 million won’t even buy all their illegals breakfast for a day.
Notify the producers they have to work twice as hard! The libertarians have figured out a way to create socialism on steroids!
If it is anything like Colorado, and I am sure it is, the money will be spent several times over before it is even collected. This results in a “deficit”. NO kidding. Colorado spent the pot tax revenues before they even got them and now complains that there isn’t enough pot tax revenue.
Legalized, heavily-taxed pot... keeping our stupid poor people stupid and poor.
at up to 40% tax, why would anyone ‘buy’ it?
One of the iron truths about taxation that politicians never seem to learn: revenues are never what you hope they’ll be. The politicians in Kali stepped off the train into Fantasy Land long ago. They’ll raise them.
Anything is possible in desperate Left-controlled California ... taxes on crack cocaine sales could even be the next legalized source of government “revenue”.