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A quick internet search suggests the price for "high quality" marijuana is roughly $250 per ounce in California. That's $9000/kg. For comparison the price of G
by Jabbles 14y ago
A quick internet search suggests the price for "high quality" marijuana is roughly $250 per ounce in California.
That's $9000/kg. For comparison the price of Gold appears to be roughly $55000/kg.
If you're right about it being as easy to grow as cabbage, then I think it could be taxed quite a lot...
- marshray 14y agoThe problem with taxing something you don't like is the government quickly becomes dependent on the revenue and ends up having a perverse incentive to promote it. My guess is the medical prescription nature of marijuana in California probably inflates its price 10x.
- stephengillie 14y agoWe just deregulated alcohol last year -- meaning the WA liquor control board stores shut down and we can purchase from grocery stores, with a $2.85 tax per 750ml, on top of the 10% sales tax. The justification is that this will funnel more money into the state's general fund. And the nickname "weed" is apparently appropriate -- growers tell me it's a hearty crop.
- agrona 14y agoIn WA, the Sales tax on liquor is 20.5% (plus the per-liter tax)
- drivebyacct2 14y agoI was about to say, having lived there over the summer and headed back shortly, I wish I paid a 10% sales tax on alcohol.