States that impose high tax rates on regulated marijuana products are driving adult consumers to the illicit market, according to a new federally funded study.The research, published in the journal Health Economics, looked at past-month cannabis purchasing behavior of 1,525 adults aged 21 and older.Researchers with Ohio State University found that high cannabis taxes and prices are linked to “lower cannabis consumption and THC intake” from legal purchases, but that the majority of those reductions (89 percent) may be offset by consumers switching to unregulated products from the illegal market.“If the illegal market is restricted, policymakers can expect increasing cannabis prices using excise taxes to reduce both unit and THC consumption, while generating tax revenues,” the study said. “However, given the sizable illegal market, a large portion of the consumption reduction due to taxes may be offset by switching to illegal products.”States have worked to strike a balance between pricing marijuana low enough to transition adults to the regulated market but still high enough to generate revenue. The results so far have been mixed, with no firmly established universal price or tax rate.Raising the price of legal cannabis flower by 10 percent “results in a 0.9 percent-1 percent increase in illegal flower consumption (units and THC),” and the inverse follows a similar pattern, the researchers found.“Imposing excessive taxes on legal cannabis strengthens illicit markets while weakening legal ones,” Paul Armentano, deputy director of NORML, said. “It encourages consumers to seek out unlicensed sellers who don’t check IDs, who lack the means or the desire to test their products for quality or purity, who operate without any regulatory oversight, and who don’t redistribute their revenues back into their local communities.” >https://www.marijuanamoment.net/setting-marijuana-taxes-too-high-drives-consumers-to-the-illegal-market-federally-funded-study-finds/
This makes no fucking sense. If anything it should just drive people to grow it themselves. Only idiots would opt to buy from street dealers before home growing.
>>539764188Growing it yourself is an even bigger crime. Possession with intent to distribute. Yes it's dumb.
>>539764188do you think it's easy to grow awesome shit? it's more of a science than science
>>539764029Okay. Well either lower the tax or just accept the free fucking money you get from law abiding people?
>>539764029Turns out the government is just a different organized crime racket.
No fucking shit
>>539764029This concousion required a federally funded study? Kek. Fucking grifters
>>539765567Always has been...
>>539764029>Study Finds>a thing that has been the case for all of history is a thing again>that will be $10 million
>>539764029If you want fentanyl laced nigger shit go ahead.
>>539764029Duh. You had it illegal for too long and now there's a robust black market. People are willing to pay a *little* extra to get it legally but mark it up too much and they'll just text their old dealer.
I still buy mine from the guy who's been hooking me up for years. I will never, ever buy from a dispensary- the government doesn't deserve a fucking penny from pot sales, especially after persecuting smokers for nearly a century.
>>539765853Only a retard would buy pot from niggers
>>539764188They buy the legal hemp shit from the local jeet vape store instead. An added bonus is you only have to be 18 in some states.
>>539764029paying taxes on weed is gigacucked. might as well go back and grow it illegally
>>539764029How much did it cost them to fucking figure that out>huh turns out if we price things too high people look elsewhere :0>12 million in grant money up some jew's nose
>>539764188It's not worth the effort unless you are smoking kilos a year and you aren't even saving that much money with the insane utility costs in the US
>>539765853There has never been a single document case of fentanyl laced marijuana in the US
It’s tax free if you have a medical card
>>539764029I've been saying this for 20 years. The consequences of legalisation will be catastrophic.
>heh goyim if you give us money for the rest of your life we will allow you to grow this plant herehow is everyone simply ok with this. are we being ruled by somalian pirates. wtf is going on
>>539764188Dawg you can get ounces for $20-30 now, because everyone knows someone just "homegrowing" - hell if you know the grower they are just giving it away at this point, there is an abundance surplus of ganja, afterall the stuff grows like a weed.
>>539764029How the fuck is that senator's cousin with the only federally licensed marijuana growing farm in the state supposed to make any money if the taxes are too high?!
>>539764029Study confirms what we found out with tobacco 70 years ago
Its not the taxes.Its the guys who think thryre going to be millionaires if they open a weed shop and sell joints for 50 bucks a piece (that they paid 5 bucks for)
>>539767612If you dont support price gouging you arent American.
>>539767266No one buys black market tobacco
>>539764029They did the same thing here by taxing cigarettes to the atmosphere so natives flooded the black market with contraband smokes and now we have native street gangs with Al Capone money
>>539764029Nobody could have seen this coming
>>539766547still would zoomer faggots don't understand the bliss that is fucking a fat broad on a hot summer day
>>539767112My personal fave is the software used for all retail in states like California are a monopoly and owned by some political patronage contract because it has to in real time update the state db with the grower ID code and you need a million dollars plus political approval to use that db
>u vill pay ze taxes
>local gov builds dispensary>literally twice the price>parking lot always empty>since it was decriminalized weed is literally everywhere>can go to any tobacco shop and ask if they have some and they usually do>cash no tax super cheapEpic fucking fail. Why exactly does it need to be taxed like this? What kind of person do these dispensaries even appeal to?
>>539764188yeah just like how people grow their own cigarettes right you fucking moron
>>539768640nta, but I find it hard to believe you're really that fucking dumb and/or ignorant
>>539764188In Nevada it's illegal to grow recreational marijuana if there's a dispensary within I think 30 miles of your residence. Funny how that works.
>>539764029I dont think doing that "study" was neccesary
>>539764029study finds high on marijuana
>>539766082I dunno, Nate Newton had some good shit back in the dayit dried up so badly around here when he got busted, lol
