My usual take on cannabis taxes: tax low at first, tax by weight or THC, be careful about exempting medical. Government sales are better. After one of my co-panelists enthuses about female and minority MARIJUANA MILLIONAIRES, I show nervousness — I don’t think there will be very many. Connecticut Legislative Commission on Women, Children and Seniors Cannabis Forum, Legislative Office Building, Hartford, Cannabis Revenue Panel, April 30, 2018. Video at http://ct-n.com/ctnplayer.asp?odID=15247; my intro at 39’30”; main remarks at 2’34”.
I agree with my new friend Morgan Scarboro of the Tax Foundation more than I expected to, since I’ve been plenty critical of the Tax Foundation on this website.