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Study breakdown

Potency-Based Cannabis Taxes Are Better at Reducing High-THC Product Demand

Quasi ExperimentalModerate evidence
The takeaway

In an experimental marketplace with 1,250 cannabis users, potency-based taxes were more effective than price-based taxes at reducing demand for high-THC products.

Cannabis policy researchers, state legislators designing tax frameworks, public health advocates, and economists studying substance taxation.

What the researchers found

Both tax types reduced overall cannabis demand, but potency-based taxes specifically reduced demand for high-THC products more effectively (elasticity -0.59 vs. -0.49 for price-based), and shifted spending away from potent products.

Why it matters

High-potency cannabis products pose greater health risks, especially for mental health. If tax policy can specifically discourage high-potency purchases, it becomes a targeted public health tool rather than a blunt revenue instrument.

The numbers in context

1,250 adult cannabis users. Price elasticity of quantity demanded: -0.46. Price elasticity of THC demanded: -0.48 to -0.52. Potency-based tax elasticity for high-THC products: -0.59 vs. -0.49 for price-based (p = 0.046).

How the study worked

Online experimental cannabis marketplace with 1,250 adult cannabis users in legal states, comparing hypothetical purchase behavior under varying price-based and potency-based tax rates.

What this study cannot tell us

Hypothetical purchase behavior may differ from real-world decisions. Online sample may not represent all cannabis users. Doesn't account for black market substitution effects.

How to read the evidence

Well-designed experimental marketplace with large sample, though hypothetical purchases limit real-world applicability.

When this study was published

Recent (May 2024) study addressing the timely policy question of optimal cannabis tax structure.

The bigger picture

Cannabis tax design is an active policy debate. This evidence suggests potency-based taxes can serve dual public health and revenue goals by steering consumers away from the highest-risk products.

Questions still open

  • Would consumers shift to the illicit market to avoid potency taxes? Can potency-based taxes be practically implemented given product variety and testing challenges?

Common questions

What's the difference between price-based and potency-based cannabis taxes?
Price-based taxes add a percentage to the product price regardless of THC content. Potency-based taxes charge more for higher-THC products, creating a financial incentive to choose lower-potency options.
Do cannabis taxes actually change what people buy?
Yes — this study found that both tax types reduced demand. However, potency-based taxes were specifically better at steering consumers away from high-THC products.

Read the original research

Estimating and comparing the effects of price- and potency-based taxes on cannabis purchase patterns in an experimental cannabis marketplace.

Addiction (Abingdon, England), 120(9), 1770-1779

Citation

Xing, Jin; Shi, Yuyan. (2025). Estimating and comparing the effects of price- and potency-based taxes on cannabis purchase patterns in an experimental cannabis marketplace.. Addiction (Abingdon, England), 120(9), 1770-1779. https://doi.org/10.1111/add.70086

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