Table 4.
Effect of Recreational Legalization on Consumers
| Dependent variable: Price per gram |
Medical purposes
|
Recreational purposes
|
||||
|---|---|---|---|---|---|---|
| Pooled | Effect on CO |
Effect on WA |
Pooled | Effect on CO |
Effect on WA |
|
| Legal recreational market | 1.905 (1.874) |
2.103 (1.391) |
1.771 (3.532) |
−0.306 (1.279) |
−3.292 (2.623) |
1.826 (1.261) |
| Amount (in grams) | −0.465** (0.108) |
−0.335** (0.078) |
−0.473** (0.122) |
−0.429** (0.064) |
−0.503** (0.105) |
−0.388** (0.057) |
| Supplier (omitted “Paid Friend”) | ||||||
| Medical Dispensary | 2.361 (1.597) |
−1.711 (1.111) |
3.253 (1.776) |
−0.213 (1.096) |
0.628 (1.903) |
−1.008 (0.916) |
| Dealer | 1.037 (1.314) |
0.643 (1.111) |
0.804 (1.390) |
−1.062 (0.808) |
−1.562 (1.766) |
−0.728 (0.635) |
| Other | 3.821 (1.539) |
1.971 (1.403) |
0.876 (1.614) |
−2.266 (1.287) |
−1.633 (2.954) |
−3.385 (0.811) |
| Recreational Store | 3.461 (4.329) |
. | 3.854 (4.459) |
8.155** (2.712) |
. | 8.096** (2.395) |
| High Quality | 0.319 (1.066) |
0.345 (0.824) |
−0.027 (1.343) |
0.696 0.623 |
1.362 1.197 |
0.412 (0.512) |
| Constant | 8.517** (1.260) |
11.569** (1.095) |
10.304** (1.347) |
13.542 ** (2.001) |
10.873 ** (1.433) |
11.676** (0.858) |
| State fixed-effects | Y | Y | Y | Y | Y | Y |
| Wave fixed-effects | Y | Y | Y | Y | Y | Y |
| Number of Observations | 117 | 53 | 106 | 137 | 57 | 105 |
| R2 | 0.338 | 0.544 | 0.323 | 0.548 | 0.419 | 0.688 |
Note. Robust standard errors in parentheses. Analysis based on RAND West Coast States Survey data.
**
p<.01.