.... A $50 liter of 100mg nic has 100,000 mg of nic. That's the same as the yield from 5,000 packs of cigarettes. Wouldn't that be the deal of the century?
Actually a 100mg litre bottle of Nicotine Base has 100mg of nicotine in it.
It's 100mg\per litre and therefore at 10% concentration.
Food for thought: if nic is ever taxed per milligram, a tax of 1 cent per milligram would be mild for commercial juice. A 12 mg 15ml bottle would be taxed at $1.80. Not too bad on a $5-$10 cost now, considering some tax schemes just throw a 100% or so tax on it.
But that 1 liter 100mg bottle that costs $50 - $100 now would be taxed at $1000. That is not far fetched. Every vapist should have a liter or two in the freezer at the untaxed $50 price...
Taxed at one cent per mg of nicotine, a 15ml bottle of 12mg juice would be taxed at 0.18 of a cent.
12mg/Litre of nicotine = 1.2% nicotine.
1.2% of 15ml = 0.18ml of nicotine.
The 1 litre 100mg bottle, containing 100mg would therefore be taxed at $1.
In
Michigan a carton of cigs costs $60 which works out to 30 cents per cig or 30 cents per mg of nic because one cigarette yields 1 mg of nic. If liquid nic were valued that way a 1 liter bottle of 100 mg nic (1000 ml X 100mg) with 100,000 mg of nic would be worth $30,000 instead of $50. In Chicago, where a pack of cigs costs $12 a 1 liter bottle would be valued at $60,000. Some more
math. 100,000 mg is 100 grams,, about 4 ounces. Gold is $1,000 an ounce. Nicotine in Michigan cigarettes is costing $,7,500 an ounce. In Chicago or New York
cigarettes it's $15,000 per ounce. Mr. Big Government Drug Dealer has a difficult problem. Does anybody sell a refrigerated gun safe?
Unless I'm missing something a litre of nicotine base labelled 100mg is really 100mg/Litre, so at 30 cents per mg that's $30.
Edit: I should mention that pure nicotine has a density of 1.009 g/ml, and I didn't bother to factor in the 0.009 and just considered 1mg to be
1ml.
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