Ranging from lockdowns to legalization, there are many reasons that our marijuana demand and supply are changing.
With recreational marijuana causing more car crashes, the police need a device that is comparable to the alcohol breathalyzer.
Looking at marijuana economics, we see a growing industry that is constrained by the clash between federal and state law.
When government miscalculates the negative externalities of substances like marijuana and alcohol, they waste land, labor, capital, time and money.
With an increasing number of states legalizing marijuana, demand is shifting because of changes in utility, complementary products and the number of buyers.
Colorado’s marijuana growers and dealers are wasting resources because banks and insurance companies will not act as their financial intermediaries.
Colorado has a nasal ranger. Concerned with the increasing odor of marijuana in the streets now that its recreational purchase is legal, Colorado has made it possible to quantify the smell. Last year, between January and September, 11 of Denver’s…