PENNSYLVANIA: Estimating the size and value of the underground marijuana market is difficult. But recently the RAND Corporation, a national policy think-tank, attempted to do just that for the state of Vermont.
In a report issued last week, RAND explored a variety of policy options that might replace current prohibition laws. The authors also offered some insight into the existing cannabis economy. RAND would also like the report used as a template for policy debates in other jurisdictions.
So Philly420 broke out the calculator and crunched some numbers for our region. The results may leave your head swimming.