[ElevenLathe]

This is true, but prohibition isn't a binary. If legal weed was $500/oz (which it isn't in any legal state AFAIK) then the black market would be booming and we'd have most of the problems that come with prohibition. If the legal weed were free, we'd have a different set of problems but not because of prohibition.

I live in Michigan and IMO legal cannabis products are too cheap. Stores will run deals where you can get vape carts for less than 10 dollars. 200mg THC bags of gummies go for $5 somewhere in town almost all the time. Actual flower and pre-rolls aren't quite as cheap, presumably because they can't be made from shake and other waste. At these prices, $20 could keep me high for a week straight (admittedly I'm a bit of a lightweight), which is absolutely not the case with booze, even the cheapest bottom-shelf fortified wine. I think there is a lot of room to raise taxes on these products without fueling the black market.