In a Time magazine interview, an author of a new book, Can Legal Weed Win?: The Blunt Realities of Cannabis Economics, says this:
“Legal weed producers and sellers in Washington and Colorado have a better chance at capturing market share than they do in other states. That’s not just because of lower taxes and regulations. It’s also because those two states have been open for recreational and adult use the longest.”
The casual reader would think that cannabis taxes in Washington are low, but they are the highest in the world.
When I look at cannabis writing, I search for the tax part to judge the whole thing. Since the authors are off-base on what little I’ve seen from them on taxes, I won’t bother reading this book.