CovOps
Location : Ether-Sphere Job/hobbies : Irrationality Exterminator Humor : Über Serious
| Subject: Legalization could slash the price of pot 80% - See, that's how much the statists have been costing you Thu Jul 08, 2010 6:08 am | |
| Cost could drop to $38 per ounce if Proposition 19 passes, Rand Corp. researchers say. The tax implications and probable rise in consumption are impossible to predict, study finds.
California's cash crop could become dirt cheap if the state legalizes marijuana.
Researchers associated with the Rand Corp.'s Drug Policy Research Center said Wednesday that not much is certain about the potential impact of Proposition 19 except that the price of California's choicest weed could plunge more than 80%, down from $300 to $450 per ounce to about $38.
"That's a significant drop," said Beau Kilmer, co-director of the center. "We're very clear about the fact that the price will go down."
http://www.latimes.com/news/local/la-me-0708-pot-legalization-20100708,0,2661645.story
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