Given the current state of most state's budget situations, I'd think that a good starting point tax wise would be what tobacco is taxed at - the consumer is used to that, the states are used to that, etc, and then go from there. The bottomline to most legislators, is anything they can tax ='s more money so they can dole out more "free stuff" to their constituents in an attempt to keep their job :smash:![]()
Then price wise, since it's a private business that would be selling (once they pay for their presumed state permit to allow them to sell), and i'm guessing that the business owner might just have a hunch at what his/her potential customers were paying before the law passed to acquire it, that they've got their starting price point.
Eventually might the economy of scale factor kick and and lower prices?? Sure But the reality likely is that MJ users in CO and WA will be paying more than they were before. And with the exception of maybe April 20th, I wouldn't be expecting any discount sales on any sort of regular basisBottomline, most business people are in business (of whatever nature) to make money, and if and when the business starts taking off, they're going to work to make a bigger profit. And most governmental agencies, when they see a chance to regulate something, they see a chance to bring in more tax dollars so they can then turn around and spend more tax dollars
The great equalizer is that pot can easily be grown by anyone. The government and businesses will try and cash in, but if people are unhappy with the price of the product, and the expense doesn't justify the convenience of buying it in a store; they'll just grow it on their own.
Now the government could try and flex muscle and say, "No, you can't grow your own! You must buy through us!" Tell me how that would go over with the people? Not at all. There's no way you'll be able to tell people, "Sure, you can possess all you want, smoke to your hearts content, but only if you buy it from us," when that product is a plant? Not happening. I mean, how would you like being told to chop down the apple tree in your yard because the only place you can buy apples is from a licensed distributor that pays taxes to the government?