Tag: Congressional Research Service

Congressional Research Service: Cannabis Would Fall to Under $20 an Ounce if Legalized Nationwide

The Congressional Research Service (CRS) has released a thirty five-page report examining the effects of the federal government implementing a wholesale excise tax on the production and sale of cannabis and cannabis-related products. CRS’ analysis indicates that cannabis prices would fall to as low as $5 to $18 an ounce under a legalization model; they …

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