The outcome of legalizing marijuana in California won’t be what you might expect. It doesn’t signal the end of western civilization because laws don’t make that much difference. Most people I know take it or leave it for reasons of their own. I do expect to see a big drop in the price of marijuana. In anticipation, local governments are going to impose a usage tax instead of a sales tax for marijuana purchases. So, even though the price will go down to something like $38.00 an ounce ..we will be paying an additional $50.00 to $100.00 an ounce in fees. I expect this will result in a black market created to avoid paying these fees, which means there will be less money than anticipated for state revenue and we’ll be back to the days when we busted marijuana users for tax evasion. I can’t imagine Humboldt County pot farmers are too enthusiastic. At roughly $14 billion a year, marijuana is the largest cash crop in California. Legalization will definitely take a bite out of their profits. The biggest factor in the price structure is the risk of getting caught. However, in Humboldt they’ve already offset that risk with fees paid to local law enforcement agencies to look the other way. You can do that when you’re the biggest player in the local economy. They may be able to offset their losses by selling to other states. Interstate commerce will be lucrative since it will continue to be a federal offense. I hope there’s a way to create a legal supply chain from the ‘emerald triangle’. They produce the finest quality marijuana in the land ..no one else comes close. One factor that may defeat proposition 19, in addition to overblown fear ..is the loss expected by the legal establishment. Police officers, attorneys, courts and penal institutions are built around treating marijuana users as criminals. I can’t imagine defense attorneys sitting idly by while two thirds of their clientele are about to disappear. Confusing as it might sound, I do hope proposition 19 passes. It’s a step in the right direction. I’ve seen criminal penalties ruin more young lives than marijuana ever did.
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