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Tuesday, April 15, 2014

Cannabis, Inc

A good piece from the American Conservative.  Note that Colorado has earned only a disappointing $2 million in tax receipts on pot so far.  Watch out for the attempts to market pot at the corporate level; that's coming.   http://www.theamericanconservative.com/articles/fear-the-rise-of-big-pot/

But don't miss the quotes by Mark Kleiman of UCLA:  he wants a federally regulated pot market to encourage states to monopolize the sale.  (Kleiman is a longtime advocate for drug legalization.)

All very predictable:  1) legalizing pot requires MORE legislation, not less.  2) government's take will be disappointing; and 3) you still have to suppress the illegal market.  
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