Vermont releases report on marijuana legalization (WPTZ)
By HANNAH MCDONALD | January 16, 2015
[youtube width=”630″ height=”330″]http://youtu.be/klUbvUdjT30[/youtube]
“If you’re thinking about doing something besides prohibiting marijuana, there are a lot of other options out there,” Beau Kilmer, a researcher from the Rand Corporation.
Last May, legislators asked the Rand Corporation to look into what legalizing the illegal drug in Vermont could look like,
Researchers say whether or not other states in the region make pot legal is something to consider.
“Unless they happen to legalize at exactly the same tax rate, those differences in taxes will create incentives for either people or product to move across jurisdictions to escape those taxes in a gray market way, perhaps even much more than happens with alcohol,” said Jonathan Caulkins, of the Rand Corporation.