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That is basically the gist of it, better products at lower prices = no more demand for the black market, and the ability to regulate it and control it. A bit of taxation to fund treatment, and education (not lies however), and a bit more taxation to help feed the government spending monster and we have a much more realistic approach to our drug problems.
We can tax drugs HEAVILY and still be well below black market prices.
We can tax drugs HEAVILY and still be well below black market prices.