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Legalizing marijuana in California would lead to a major decline in the pretax price, but the price for consumers will depend heavily on taxes, the regulatory regime structure, and how taxes and regulations are enforced. The lower price and nonprice effects will increase consumption, but it is unclear by how much. There is much uncertainty about the effect on public budgets; even minor changes in assumptions lead to major differences in outcomes.
Before the Grand Opening: Measuring Washington State's Marijuana Market in the Last Year Before Legalized Commercial Salesby Robert J. Maccoun Beau Kilmer Rosalie Liccardo Pacula Jonathan P. Caulkins Gregory Midgette Linden Dahlkemper
Before the Grand Opening: Measuring Washington State's Marijuana Market in the Last Year Before Legalized Commercial Sales
School-based drug prevention, popular with the public and politicians alike, is now a nearly universal experience for American youth. Analysis has shown that the best programs can reduce use of a wide range of substances. But questions remain regarding how to think about and, hence, fund, these programs. Should they be viewed principally as weapons in the war against illicit drugs, or, at the other extreme, do prevention programs benefit students and society most by reducing use of alcohol and tobacco? The authors address these questions by comparing for the first time the social benefits of school-based prevention programs' long-run impacts on a diverse set of different substances.
Discussions about reducing the harms associated with drug use and antidrug policies are often politicized, infused with questionable data, and unproductive. This paper provides a nonpartisan primer on drug use and drug policy in the United States. It aims to bring those new to drug policy up to speed and provide ideas to researchers and potential research funders about how they could make strong contributions to the field.