Considering marijuana legalization : insights for Vermont and other jurisdictions / Jonathan P. Caulkins [and seven others].

Format:

Book

Author/Creator:

Caulkins, Jonathan P. (Jonathan Paul), 1965- author.

Language:

English

Subjects (All):

Drug legalization.

Physical Description:

1 online resource (219 p.)

Edition:

1st ed.

Place of Publication:

RAND Corporation 2015

Santa Monica, Calif. : RAND Corporation, [2015]

Language Note:

English

Summary:

Marijuana legalization is a controversial and multifaceted issue that is now the subject of serious debate. In May 2014, Vermont Governor Peter Shumlin signed a bill requiring the Secretary of Administration to produce a report about various consequences of legalizing marijuana. This resulting report provides a foundation for thinking about the various consequences of different policy options while being explicit about the uncertainties involved.

Contents:

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 StudiesConsequences 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 ConsiderationsConcluding 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 RemarksIntroduction; 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

Notes:

"Research Report."

Includes bibliographical references.

Description based on print version record.

ISBN:

0-8330-8877-7

OCLC:

913695044