Opinion: Why I Think Higher Taxes on Cannabis Could Bolster Illegal Sales

writes in Rolling Stone

Raising taxes is the opposite of what we as cannabis advocates are working hard to accomplish, which is to lower barriers in the industry. Raising taxes in an already over-taxed market could bolster the incentives to stay illicit and pay no taxes or fees. The higher cannabis taxes rise, the harder it could be for legitimate businesses to compete with unregulated growers and sellers.

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Why I Think Higher Taxes on Cannabis Could Bolster Illegal Sales

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