• GLYNN: Marijuana tax revenue still in question (Niagra Gazette)

    by  • April 12, 2015 • 0 Comments

    Tax revenue from some form of cannabis legalization is a popular driving force capable of pushing other needed agendas such as decriminilazation and public health measures. But such optimism creates false expectations that detract from the real benefits to be reaped, and implemented, from legalizing cannabis. Perhaps the momentum is such, that the revenue-impetus is no longer necessary?

    Read more →

    Marijuana Taxes Won’t Save State Budgets (The New York Times)

    by  • April 10, 2015 • 0 Comments

    Part of the recreational marijuana tax dilemma – shortfalls in revenue – stems from diversions in revenue caused by the regulation of medical marijuana itself. But the real dilemma is caused more by inflated expectations. As NYU drug and crime analyst Mark Kleiman often expounds, time stabilizes recreational prices to a level that can...

    Read more →

    Meet the man trying to halt marijuana legalization (VOX Media)

    by  • March 20, 2015 • 0 Comments

    In the following transcript, Kevin Sabet, c0-funder of Smart Approaches to Marijuana, opposes marijuana legalization on the grounds that legalization would inevitably lead to the emergence of a immovable “Big Marijuana” industry the likes of big Tobacco. Remarking that drug policy academics have difficulty “transferring their theories and getting them adopted in governments,” he sees prohibition as the...

    Read more →

    The Senators Who Want Legal Weed (The Daily Beast)

    by  • March 10, 2015 • 0 Comments

    In a much anticipated press conference, Senators Rand Paul, Kirsten Gillibrand, and Corey Booker will discuss their bill aimed to end the federal prohibition of cannabis. Concerns raised include whether or not the bill will address the rescheduling of cannabis as a Schedule I drug, which prohibits clinical studies on humans deemed essential to determining the pharmacological benefits of various...

    Read more →

    Unknowns and uncertainties after one year of marijuana legalization in Colorado (Deseret News National)

    by  • March 9, 2015 • 0 Comments

    Colorado’s social experiment that is commercial pot continues to roll-out without any obvious setbacks. Among the many unknowns, a few facts begin to emerge. Revenue from retail cannabis is about 50% of the state legislature’s projection, and, as Mark Kleiman and other policy analysts have explained, with more producers entering the market, supply will undercut the price of retail cannabis, as now occurs in CO.

    Read more →

    2015 Marijuana Stock Analysis (Investopedia)

    by  • March 2, 2015 • 0 Comments

    Faded marijuana stocks shouldn’t come as a big surprise. There’s a discrepancy between the allures of a perceived expanding market, and the price a post-prohibitonary product could fetch. As retail investors are keen to point out, it’s too soon to tell how the federal administration will influence the cannabis industry in a post 2016 election period.

    Read more →