California considers lower taxes on pot to help new legal industry compete with black market

[freeradical]

I knew that high ;-) tax revenues from weed was just a pipe dream. :-)

This is just a big duh.

IMHO, anytime the state imposes "special" sin taxes that are above and beyond normal sales taxes that they are in business with those who make the goods.

Case in point : Tobacco.

I'm sure that these states with high cigarette taxes make more on this than "Big Tobacco".