doubledog said:
Like alcohol, marijuana must be legal nationwide to slow down "black market" sales.
"Whatever we're losing in margins, we'll just make up in volume," huh?
I've never partaken so I have no personal idea, myself. But a buddy of mine has a couple of brothers who smoke the stuff but would never be caught dead in a store. Why? All of what these stores sell is the cheezy, weak stuff. The stuff they want, they either grow themselves or they have to get it from those that grow it.
The black market in pot sales is NOT an economic issue. Oh, sure, saving taxes is a benefit, but the thing is, there's a premium built in to avoid law enforcement -- at least to the extent those laws are enforced. And the thing is this: if the government is missing out on tax revenue, you better believe selling pot illegally is going to be enforced like it never has before. Not because of a war on drugs but because of a war on governmental competition.
Hell, you might get the death penalty for being a dealer.
Looking at the actual revenue gain from pot sales vs. the entire budget (on whatever scale -- local, state, national) would make the most dim-witted economist laugh at the most ardent legalization advocate. It is sort of like trying to raid your 4 year old's weekly allowance to pay off a million dollar debt.