Two economists take readers on a tour of the economics of legal and illegal weed, showing where cannabis regulation has gone wrong and how it could do better.
Cannabis “legalization” hasn’t lived up to the hype. Across North America, investors are reeling, tax collections are below...
Earlier this month, the House passed legislation that would legalize marijuana nationwide, eliminating criminal penalties for anyone who manufactures, distributes or possesses the substance. In addition to decriminalizing marijuana at the federal level, the bill ...