07-17-2021, 11:45 AM
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#81
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Franchise Player
Join Date: Mar 2006
Location: Victoria
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Quote:
Originally Posted by CliffFletcher
But taxing pot to generate government revenue was one of the justifications - probably the biggest - for legalization in the first place. If the plan at the outset was to tax it at only 5 per cent, legalization wouldn’t have had anywhere near the public and institutional support.
And taxes are only one of the expenses commercial growers and retailers have above those of the black market. Infrastructure, regulation, licensing, employee benefits, marketing - all the costs legitimate businesses have that Terry doesn’t. Legal commercial pot just can’t compete with the black market when it comes to heavy and price-sensitive users.
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K thx, Cliff.
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