Considering marijuana legalization : insights for Vermont and other jurisdictions /

"Marijuana legalization is a controversial and multifaceted issue that is now the subject of serious debate. Since 2012, four U.S. states have passed ballot initiatives to remove prohibition and legalize a for-profit commercial marijuana industry. Voters in Washington, D.C., took the more limit...

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Bibliographic Details
Main Author: Caulkins, Jonathan P. (Jonathan Paul), 1965-
Corporate Author: JSTOR (Organization)
Other Authors: Kilmer, Beau, Kleiman, Mark, MacCoun, Robert J., Midgette, Gregory, Oglesby, Pat, Pacula, Rosalie Liccardo, 1968-, Reuter, Peter H.
Format: eBook
Language:English
Published: Santa Monica : RAND Corporation, [2015]
Series:Research report (Rand Corporation) ; RR-864.
Subjects:
Online Access:Connect to the full text of this electronic book
Table of Contents:
  • Preface
  • Summary
  • Acknowledgments
  • Abbreviations
  • Introduction : A brief overview of marijuana policy
  • The marijuana landscape in Vermont
  • Consequences of marijuana use
  • Supply architectures
  • Taxation and other sources of revenue
  • Regulation
  • How legalization in Vermont could influence tax revenue, consumption, and public budgets
  • Closing remarks
  • Appendices.
  • Cover; Copyright; Preface; Contents; Figures; Tables; Summary; Acknowledgments; Abbreviations; Chapter One: Introduction; A Brief Overview of Marijuana Policy; Report Overview; Chapter Two: The Marijuana Landscape in Vermont; Introduction; Marijuana Laws in Vermont; Marijuana Prevention and Treatment in Vermont; Indicators of Marijuana Use in Vermont; Estimating the Size of the Marijuana Market in Vermont in 2014; Criminal Justice Costs Associated with Marijuana Prohibition in Vermont; Concluding Thoughts; Chapter Three: Consequences of Marijuana Use; Introduction; Limitations of Existing Studies; Consequences of Marijuana Consumption on Health; Consequences of Marijuana Consumption on Other Outcomes; Consequences of Marijuana Prohibition; Substitution for or Complementarity with Other Substances; Concluding Thoughts; Chapter Four: Supply Architectures; Introduction; The Commonly Discussed Options; The Middle-Ground Options; The Extreme Options; Concluding Thoughts; Chapter Five: Taxation and Other Sources of Revenue; Introduction; Bases for Taxing Marijuana; Collection Point; Mechanisms for Changing the Tax Burden.; Fees and Auctions; Other Revenue Considerations; Concluding Thoughts; Chapter Six: Regulation; Introduction; A Regulatory Checklist; A Closer Examination of Eight Regulatory Decisions for Legal Marijuana; Concluding Thoughts; Chapter Seven: How Legalization in Vermont Could Influence Tax Revenue, Consumption, and Public Budgets; Introduction; Potential Revenue from Taxing Vermonters' Marijuana Consumption When the Only Competition Comes from the Black Market; Sales to Marijuana Tourists and Exports; Threats to Tax-Revenue Collection in the Longer Run; Cost of Regulation; Concluding Thoughts; Chapter Eight: Closing Remarks: Introduction; Uncertainty; Weighing Policy Options; Final Thoughts for Vermont; Appendixes; A. Evidence Concerning Substitution and Complementarity; B. Business Deductions and U.S. Code Title 26 Section 280E; References.