California has shown us quite well that allowing only a very crippled white market, such that white-market goods are likely to be even more expensive than current black-market prices, is a perfect recipe to fail to eliminate the black market, its many ills and the many ills of any police efforts to stop the black market despite the 4th Amendment.

The state-run liquor stores are theoretically a horrible practice and we should cut all of the state spending that necessitates them, but practically they operate well enough that even our neighbors flock to them.

In practice it would just be used to justify more wasteful spending, not less. In a market where all surrounding states have an early bird advantage, the best thing we can do is to start legal New Hampshire weed off on the right foot. Create as few barriers as possible for cultivation, possession, sale, or consumption among adults. Also I would take it a step further and foster an industry of independently owned cannabis cafes like they have in Amsterdam. Much like bars or cigar lounges or even coffee shops, people could go there to enjoy their drug of choice in a safe, comfortable environment. The benefit comes from progressively improving and creating new industries with jobs and businesses, not regressively with taxes that steal money from Granite Staters that could otherwise be spent in other areas of our economy. Considering the price we're already paying for the foolishness of DC in reckless money printing caused inflation, the best way to counteract is to reduce the burden anywhere possible.