Legalizing marijuana in California would lead to a substantial decline in price, but there is much uncertainty about legalization's effect on public budgets and consumption; even minor changes in assumptions lead to major differences in outcomes.

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245: $a: Altered State? Assessing How Marijuana Legalization in California Could Influence Marijuana Consumption and Public Budgets
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100: $a:Beau Kilmer, Jonathan P. Caulkins, Rosalie Liccardo Pacula, Robert J. MacCoun, Peter H. Reuter
650: $a:Legalizing marijuana in California would lead to a substantial decline in price; but there is much uncertainty about legalization's effect on public budgets and consumption; even minor changes in assu
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250: $c: 2010
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