• RAND Study Says Legalizing Pot in Vermont Could Mean Big Tax Revenues (The Northfields News)

    by  • January 26, 2015 • Daily Digests • 0 Comments

    The recently released RAND report does much to delineate what we still don’t know about the effects of marijuana, and what questions we need to focus on answering. Gaps remain in our knowledge of its effects on our physiology and because studies capable of drawing conclusive data require time, efforts should be undertaken promptly so that they may find their way into policies during their mock-up.

    By STAFF | January 22, 2015

    Legalizing recreational marijuana production, distribution and possession in Vermont could generate significant tax revenues, but also involves costs and important decisions about how best to regulate the substance, according to a new RAND Corporation study.

    The report makes clear that if Vermont chooses to remove its prohibition on producing and selling marijuana, lawmakers will have many choices to make about who will supply it, who can buy it, if and how it will be taxed, and how it will be regulated.

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