About My Health Careers Internship MedBlogs Contact us
Medindia LOGIN REGISTER
Advertisement

Marijuana Consumption Could Double in California, Study Finds

by Thilaka Ravi on July 8, 2010 at 11:24 AM
Font : A-A+

 Marijuana Consumption Could Double in California, Study Finds

If the two bills seeking to legalize marijuana in California succeed, the price of the drug would drop by 80 percent while consumption would double, a new study released Thursday found.

The Rand Corporation study said "the untaxed retail price of high-quality marijuana could drop to as low as 38 dollars an ounce compared to about 375 dollars an ounce.""

Advertisement

If the drug is made legal for non-medical consumption "even under a scenario with high taxes (50 dollars an ounce) and a moderate rate of tax evasion (25 percent), researchers cannot rule out consumption increases of 50 percent to 100 percent, and possible even larger," the researchers found.

Using the drug for medical purposes has been legal for 14 years in the western state. But a new initiative that will appear on the ballot in November elections is seeking to legalize recreational marijuana use.
Advertisement

The Regulate, Control and Tax Cannabis Act of 2010 would let cities and counties adopt ordinances authorizing the cultivation, transportation and sale of marijuana, and tax its sale just like it taxes alcohol and cigarettes.

Another bill would allow people over 21 to legally grow on a small plot, and share, the drug. Cities and counties could tax it.

Under the measure, people aged 21 and older could own up to one ounce (28 grams) of pot for personal use. Possessing an ounce or less of marijuana has been a misdemeanor with fines of 100 dollars since 1975, when a law was passed that reduced tougher penalties.

It would also allow adults to grow up to 25 square feet (two square meters) of cannabis per residence or parcel.

Supporters are hoping the potential tax windfall will help garner support for the measure at a time when California is suffering from a crippling budget crisis.

Activists estimate that California could earn 1.5 billion dollars in excise taxes, and save another billion dollars currently spent on law enforcement and prisons by legalizing cannabis. They also point to earnings for marijuana-linked businesses.

Source: AFP
Advertisement

Advertisement
News A-Z
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
News Category
What's New on Medindia
Is COVID-19 Vaccination during Pregnancy Safe?
Sensory Processing Disorder (SPD)
View all

Medindia Newsletters Subscribe to our Free Newsletters!
Terms & Conditions and Privacy Policy.

More News on:
Cannabis Drug Abuse Drug Detox Marijuana 

Recommended Reading
Cannabis
Cannabis has a long history of medicinal, recreational, and industrial use and comes from a bushy .....
Drug Abuse Screening Test
Drug Abuse Screening Test (DAST) is a screening test to find out if you need professional help with ...
Drug Abuse
The use of Drugs for reasons other than its prescribed recommendation, is known as Drug abuse or ......
Drug Detox
Drug detoxification (or drug detox) is a process that helps drug addicts to give up drugs with less ...
Marijuana
Marijuana (cannabis) is a drug obtained from the hemp plant and often abused for its psychoactive ef...

Disclaimer - All information and content on this site are for information and educational purposes only. The information should not be used for either diagnosis or treatment or both for any health related problem or disease. Always seek the advice of a qualified physician for medical diagnosis and treatment. Full Disclaimer

© All Rights Reserved 1997 - 2021

This site uses cookies to deliver our services. By using our site, you acknowledge that you have read and understand our Cookie Policy, Privacy Policy, and our Terms of Use