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.
I don’t care if people use some drugs. I have some edibles of my own in my fridge right now. What I care about is normalizing vices and pretending like it’s just a matter of individual preference when it obviously affects the rest of society at large (and makes life worse).
Not like we have done with cannabis though, that obviously would be a disaster.
But I do think some wise well regulated control and dosage with some form of monitoring or limitation would be very much less costly in terms of dollars, lives saved, health and social disruption.