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22 de jul. de 2022 · John N. Ng’ombe. Journal of Cannabis Research 4, Article number: 40 ( 2022 ) Cite this article. 6997 Accesses. 2 Citations. 9 Altmetric. Metrics. Abstract. Objective. The purpose of this study is to examine how cannabis legalization and corresponding taxation would affect the supply-side of the cannabis market.
22 de jul. de 2022 · Cannabis legalization is one of the controversial subjects as there is no clear evidence of positive or negative consequences. One of the main reasons is that while cannabis legalization almost certainly implies legal cannabis production, changes in the cannabis market supply-side are often neglected.
18 de may. de 2020 · When determining which market outcome is the most efficient, an important consideration is the elasticity of supply and demand for drugs. If demand is inelastic (i.e., because the drug is highly addictive), enforcement may be optimal because consumers will still purchase close to the same amount even with higher taxes.
A key implication of our findings is that there are both supply and demand responses at work in the opening of legalized markets, suggesting that evaluations of immediate effects may not accurately reflect the long run impact of legalization on marijuana consumption.
21 de jul. de 2017 · Net change in marijuana demand and in-state supply following legalization: Monthly medical and recreational marijuana sales; estimates of demand prior to legalization; estimates of in-state production prior to legalization: Consumers shift purchases toward local goods with a high labor content
the demand for cannabis has relatively increased. For example, OMMA reported that cannabis cumulative sales tax revenue increased from $70,769 to $4,648,134 between January and June 2019 (OMMA 2021). is explains the rapidly increasing medical cannabis demand in Oklahoma by legalization. For suppliers, the OSQ 788 states a relatively gener-
17 de dic. de 2021 · Volatile dynamics in the illegal cannabis industry or changes in demand for cannabis more generally, both of which are largely beyond local authorities' reach, can increase or decrease demand experienced by cannabis-producing communities.
