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I Am Not Stoned: Sobering Realities For Taxpayers On The Road To Legalizing Marijuana

This makes no sense. Legalization will massively increase supply. Demand should also go up, but not nearly as much. Costs to deliver product will massively plunge, it will be legal. Price should drop.

Pot fans got what they wanted in Colorado: they finally convinced voters there to support the legalization of “recreational marijuana.” It’s seen as a huge victory for those who support the powers of the individual states, and a great example of “federalism” in action. But who is considering the burden of all of this on the American taxpayer?

Before I go further, let me be clear: I have never in my entire life consumed marijuana. When I was a kid I was out of step with my peers on this, but I’ve just never been interested in “trying it,” and that’s...