Marijuana Prices will Plummet by as Much as 80% Says Rand Corporation

If legalized in California, marijuana “prices will fall to levels below those ever studied,” says the Rand Corporation, a well respected think tank. The organization, which describes itself as trying to  “improve policy and decision making through research and analysis,”  released a paper today describing a nightmare world for Humboldt County in which prices fall by as much as 80%.

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