Estimated Cost of Production for Legalized Cannabis

@inproceedings{Caulkins2010EstimatedCO,
  title={Estimated Cost of Production for Legalized Cannabis},
  author={Jonathan P. Caulkins and H. Guyford Stever},
  year={2010}
}
This paper tries to estimate post-legalization production costs for indoor and outdoor cannabis cultivation as well as parallel estimates for processing costs. Commercial production for general use is not legal anywhere. Hence, this is an exercise in inference based on imperfect analogs supplemented by spare and unsatisfactory data of uncertain provenance. While some parameters are well grounded, many come from the gray literature and/or conversations with others making similar estimates… CONTINUE READING

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