Competition From Black Market Means Legal Marijuana Won’t Likely Be Tax Cash Cow: PBO

Article by Ian MacLeod, Ottawa Citizen Legal marijuana must be delicately taxed and competitively priced or consumers will retreat to the black market, negating a core rationale for legalization, the parliamentary budget officer said Tuesday. Should the Liberals follow that advice it means recreational pot sales, initially at least, will generate only modest sales tax … Continue reading Competition From Black Market Means Legal Marijuana Won’t Likely Be Tax Cash Cow: PBO