Colorado considers huge legal weed tax

[MadHound]

84. Oh bullshit,

Dope, at least in most places, is incredibly easy to grow. If you are growing outside, an ounce of good dope probably costs a buck, maybe two, to grow. If you're growing inside, probably triple that, after adding in the cost of electricity and chemicals. So let's be generous, and say that dope growers want to sell an ounce of good weed for fifty bucks, that raises the price to the consumer up to $69.00 after taxes. Big whoop, that's still cheaper than what it costs now.

Dope was always artificially expensive because of the legal risks involved in growing and dealing it, the actual product is a weed that has very low overhead. With dope legal, growers and dealers are going to have to lower their prices because the risk factor simply isn't there anymore. If they don't do this now, they will have to later when the serious dope growing states come online and start turning out a great product really, really cheap.

Basic capitalism at work. Yes, this tax is unfair, but it to will go away as other states come online and start competing for the dope smoker's dollar. Right now, Colorado is in at the start of the gold rush so to speak, and the state is going to make its money while the making is good.