Quote:
Originally Posted by Agamemnon
Though again, if they raise taxes too much on it, there would be no incentive for people to buy it legally, they'd just keep doing what they've always been doing, buying it illegally. If Beer cost $10/can at the liquor store (due to taxes), and your buddy brewed his own for $0.25/can, you'd be buying from him before the store, obviously. There's a cost vs. convenience trade-off, and right now it is verrrry convenient to buy marijuana illegally at the market price. There would be no point to the government legalizing it just to tax it out of a reasonable price bracket.
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Alcohol in Alberta is taxed at something like 110%. I think they could do the same with pot and get away with it.
If pot ever becomes fully legalized, the big tobacco companies will start selling it overnight. Cottage industries won't stand a chance. Oh sure, there'll be little "micro-growers" (maybe), but for the most part it'll be big players that own the vast majority of the market.