Cover
Copyright
Preface
Contents
Figures
Tables
Summary
Acknowledgments
Abbreviations
A Brief Overview of Marijuana Policy
Report Overview
Marijuana Laws in Vermont
Marijuana Prevention and Treatment in Vermont
Indicators of Marijuana Use in Vermont
Estimating the Size of the Marijuana Market in Vermont in 2014
Criminal Justice Costs Associated with Marijuana Prohibition in Vermont
Concluding Thoughts
Introduction
Limitations of Existing Studies
Consequences of Marijuana Consumption on Health
Consequences of Marijuana Consumption on Other Outcomes
Consequences of Marijuana Prohibition
Substitution for or Complementarity with Other Substances
Concluding Thoughts
Introduction
The Commonly Discussed Options
The Middle-Ground Options
The Extreme Options
Concluding Thoughts
Introduction
Bases for Taxing Marijuana
Collection Point
Mechanisms for Changing the Tax Burden.
Fees and Auctions
Other Revenue Considerations
Concluding Thoughts
Introduction
A Regulatory Checklist
A Closer Examination of Eight Regulatory Decisions for Legal Marijuana
Concluding Thoughts
Introduction
Potential Revenue from Taxing Vermonters’ Marijuana Consumption When the Only Competition Comes from the Black Market
Sales to Marijuana Tourists and Exports
Threats to Tax-Revenue Collection in the Longer Run
Cost of Regulation
Concluding Thoughts
Introduction
Uncertainty
Weighing Policy Options
Final Thoughts for Vermont
A. Evidence Concerning Substitution and Complementarity
B. Business Deductions and U.S. Code Title 26 Section 280E
References