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I'm not in Cali, and I don't even pretend to know how any of this works, so I am basically just talking out of my ass, but...
If the growers were paid $50 p/ounce by the retailers, and then the retailers marked it up to $100 p/ounce, and then the state added an additional $200 an ounce in taxes, the cost would be $300. I think most people would happily pay $300 p/ounce for legal weed.
This would still allow the growers and sellers to do well, while making the state a FORTUNE in new taxes!
BTW, here in the northeast good weed actually costs between $400 and $600 and ounce. For $300 you can get low end junk at best....
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