Why is it being taxed beyond the estimated amount need to regulate the industry?  Anything else is punitive and equivalent to legislation through taxation. You should not be taxing one legal product to fund programs associated with illegal products. The dummies who voted this version of legalization through made a mistake by allowing this government control, but I admit they probably thought they had to in order to make it happen. Something should not be made legal if and when it becomes profitable for the government.  It is either okay, or it is not okay.