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Unread postPosted: Thu Jul 08, 2010 6:54 am 
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One of the biggest unknowns is how much revenue state and local governments stand to gain if the measure passes, they said after analyzing existing research on marijuana prices, cigarette taxes and current pot consumption and applying modeling techniques to determine possible scenarios.

The California Board of Equalization estimated while evaluating a bill introduced in the Legislature last year that would have taxed and regulated marijuana like alcohol that sales taxes and a $50 per ounce excise tax on commercial pot sales would generate $1.4 billion for the state.

The researchers said legalization could bring substantially more than $1.4 billion in new revenue if California sees an influx of "marijuana tourism" similar to Amsterdam's, where pot is legally sold at coffee shops, and if out-of-state dealers purchase California cannabis to sell back home.


http://cbs13.com/local/pot.marijuana.pr ... 92070.html


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Unread postPosted: Thu Jul 08, 2010 11:49 am 
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$50 per ounce? WTF??? They stand to make some money sure... but the trade will remain illicit if they plan to thieve like that.


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Unread postPosted: Thu Jul 08, 2010 1:50 pm 
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$50 for an OZ is awesome dude.
It's $30 for a 1/4 here.


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Unread postPosted: Thu Jul 08, 2010 3:38 pm 
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ten quid a gram here for anything worth smoking.


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Unread postPosted: Thu Jul 08, 2010 7:18 pm 
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LOL (*sigh* gotta love pot smokers)

I dunno Sungod, I think the tax will just make the trade more creative...


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Unread postPosted: Thu Jul 08, 2010 10:04 pm 
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Not $50 for an O....

They charge the supplier that much in an excise tax. That drives up the cost from what it is now to the buyers discretion.


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Unread postPosted: Fri Jul 09, 2010 9:51 pm 
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According to the person I was talking to last night..its $280/300 an Oz over this way. $50 excise would be a massive hike. They are looking to go down that route eventually though..



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Unread postPosted: Sat Jul 10, 2010 3:20 pm 
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300$/oz is the price of illegal marijuana (ie. the cost of getting it past the thousands of overfunded gun toting DEA ego-cases).

If it were legalized correctly the price would be closer to like 10-20$... at most. That probably won't happen though.


It is a plant, it doesn't cost that much to grow it.


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