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This report examines the potential impacts of marijuana legalization in California, focusing on changes in consumption patterns and public budgets. It utilizes a model to project outcomes based on various assumptions about price elasticity, tax rates, and enforcement. The findings highlight significant uncertainties, with potential outcomes ranging from increased consumption and substantial revenue to minimal effects due to factors like tax evasion and regulatory challenges.

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245: $a: Altered State? Assessing How Marijuana Legalization in California Could Influence Marijuana Consumption and Public Budgets
245: $b:
082: $a:
100: $a: Beau Kilmer, Jonathan P. Caulkins, Rosalie Liccardo Pacula, Robert J. MacCoun, Peter H. Reuter
650: $a: Public Policy / Drug Policy
250: $a:
440: $v:
250: $b: RAND Corporation
250: $c: 2010
020: $a: 978-0833050342
300: $a: