put on pot, California would collect $1.4 billion from the tax alone. However, the legalization of this substance could have an even bigger economic impact, because there would be thousands of new jobs in agriculture, packaging, marketing and advertising. A study done showed that the average estimated price for 0.5 grams of marijuana sold for $8.60 on the street, while it only cost about $1.70 to produce which means that there is a $6.90 profit being made. Stephen T. Easton, a professor of economics…
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