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On 09/19/2016 09:44 PM, Ron Force wrote:<br>
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<div class="gmail_default" style="font-size:small">Just to keep
things in perspective, $1 billion is 0.6% of the California
state budget. "Sin" taxes and lotteries rarely amount to much
in the overall scheme of things.<br>
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Without wishing to be even more of a spoil-sport, I think it ought
to be mentioned that as many more states join the ranks of those
allowing legal sale of marijuana, and, indeed, as an interstate
market for legal marijuana sales becomes a reality, an economic
phenomenon called price competition is likely to rear its
profit-squeezing head, with the results that not only will sales
revenues be stabilized, and, in some cases, actually reduced, but
also the revenues available to various governmental organizations
will also be moderated toward more realistic, and less fancifully
projected, numerical results. <br>
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<br>
Ken<br>
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<div class="gmail_quote">On Mon, Sep 19, 2016 at 7:11 PM, Tom
Hansen <span dir="ltr"><<a moz-do-not-send="true"
href="mailto:thansen@moscow.com" target="_blank">thansen@moscow.com</a>></span>
wrote:<br>
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<div>Courtesy of the <i>Cannabist</i> (Denver, Colorado)
at:</div>
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<div><a moz-do-not-send="true"
href="http://www.thecannabist.co/2016/09/16/california-marijuana-tax-where-would-money-go/63307/"
target="_blank">http://www.thecannabist.co/<wbr>2016/09/16/california-<wbr>marijuana-tax-where-would-<wbr>money-go/63307/</a></div>
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