This is a “loaded” article (pardon the pun!) in the sense that it alludes to many economic concepts that you have studied. You may work in small groups of no more than 5 for this discussion. The only question your will need to answer is question 5 but a good answer will require you to have a sound understanding of questions 1-4 as well. No more than 300 words, please. This assignment is due on Sep. 23. It is worth a maximum of 20 points. This is part of the Ocassional discussion component.

1. What are the different types of taxes imposed on cannabis?

2. How do these taxes compare to other products such as tobacco, alcohol?

3. What are considerations that state policymakers must take into account when setting taxes? In other words, how can these taxes act as an incentive or a disincentive?

4. Why are some dispensaries able to pass the entire state excise tax onto consumers and others are not? Economic reasoning only, please.

5. Using economic arguments, defend your position either in favor or opposed to these taxes. (This is the only question you will be graded on.)

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