Can Legal Weed Win? - The Blunt Realities of Cannabis Economics (Hardcover)

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 projections, and people are pointing fingers. On the business side, companies have shut down, farms have failed, workers have lost their jobs, and consumers face high prices. Why has legal weed failed to deliver on many of its promises? Can Legal Weed Win? takes on the euphoric claims with straight dope and a full dose of economic reality. This book delivers the unadulterated facts about the new legal segment of one of the world's oldest industries. In witty, accessible prose, economists Robin Goldstein and Daniel Sumner take readers on a whirlwind tour of the economic past, present, and future of legal and illegal weed. Drawing upon reams of data and their own experience working with California cannabis regulators since 2016, Goldstein and Sumner explain why many cannabis businesses and some aspects of legalization fail to measure up, while others occasionally get it right. Their stories stretch from before America's first medical weed dispensaries opened in 1996 through the short-term boom in legal consumption that happened during COVID-19 lockdowns. Can Legal Weed Win? is packed with unexpected insights about how cannabis markets can thrive, how regulators get the laws right or wrong, and what might happen to legal and illegal markets going forward.

General

Imprint:	University of California Press
Country of origin:	United States
Release date:	July 2022
First published:	2022
Authors:	Robin Goldstein • Daniel Sumner
Dimensions:	210 x 140 x 25mm (L x W x T)
Format:	Hardcover - Cloth over boards
Pages:	232
ISBN-13:	978-0-520-38326-5
Categories:	Books > Business & Economics > Economics > Economic theory & philosophy Books > Law > Jurisprudence & general issues > Legal history Books > Humanities > History > History of specific subjects > Economic history Books > Business & Economics > Economics > Microeconomics > General Books > Law > Laws of other jurisdictions & general law > Social law > General Books > Business & Economics > Finance & accounting > Finance > Public finance > Taxation Books > History > History of specific subjects > Economic history Books > Money & Finance > Public finance > Taxation Promotions
LSN:	0-520-38326-5
Barcode:	9780520383265

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