As pro-legalization as I am, I am completely against the proposed Mass. legislation which would levy as much as $250/Oz in taxes. Whats the point when (this is subject to geographic variance) you can get an ounce of Mexican shwag for $100-$200/Oz.
Ca seems to have the balance right with their $50/Oz. still enough room to make a profit, and still plenty of leeway to sell the best genetics at the same price as current low grade mexican, and still make a profit.
Edit: on reading the actual proposed Mass. legislation I just noticed this after the taxation amounts:
That is a very prudent clause, gives them plenty of room to tweak, but still one has wonder what the balance between "maximizing revenue" and "minimizing incentive" would be.Subject to approval by the general court, such excise shall be adjusted by the authority from time to time as necessary to maximize the revenue derived therefrom, and to minimize the incentive for the sale of cannabis not in accordance with the provisions of this act.