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

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

Legalizing marijuana in California could bring about an enormous decline within the pretax rate, however the expense for shoppers will rely seriously on taxes, the regulatory regime constitution, and the way taxes and laws are enforced. The cheaper price and nonprice results increases intake, however it is doubtful through how a lot. there's a lot uncertainty concerning the impression on public budgets; even minor adjustments in assumptions bring about significant modifications in outcomes.

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