California undoubtedly makes tons of money via selling beer. Yet, at the same time, still allows its citizens to home-brew between 100-200 gallons of beer per calendar year (depending on how many adults are in the household).
Homebrewing beer is a GREAT example!
Homebrewing works fine but it’s difficult to get good to excellent results (the voice of experience here) so it’s much, much easier to go to the packie. (New Engand localism ... sorry. Make it “the liquor store.”)
With that in mind, the price of commercial reefer would hold up fairly well against homegrown, minus the talented hobbyist. And that makes the tax revenue more stable and therefore more attractive.
Of course, we could always ask WHERE IN THE CONSTITUTION DOES IT GIVE THE FEDS THE POWER TO OUTLAW MARIJUANA? But that’s a story for another day.