Keith Humphreys and Mark Kleiman offer some great commentary on marijuana legalization and what a legal marijuana market might look like. First, Humphreys: About eighty percent of the market is “commercial grade” cannabis, which has a THC content of about 5% and sells for $70 to $230 per ounce, depending on how far a buyer … Continue reading This is your culture on pot
Tag: Cannabis
The truth is dangerous
How hard is it for the DEA to have an honest conversation about drugs? Below is testimony from the director. Note the incoherence. “Is crack worse for a person than marijuana?” Polis asked Leonhart. “I believe all illegal drugs are bad,” Leonhart answered. Polis continued, asking whether methamphetamines and heroin were worse for a person's … Continue reading The truth is dangerous
Marijuana penalty reduction proposals in New York
New York Governor Andrew Cuomo has proposed big changes in marijuana policy in his state: "There's a blatant inconsistency. If you possess marijuana privately, it's a violation. If you show it in public, it's a crime," Cuomo said. "It's incongruous. It's inconsistent the way it's been enforced. There have been additional complications in relation to the stop-and-frisk … Continue reading Marijuana penalty reduction proposals in New York
K2, Spice and legalization
I do not consider myself a drug warrior. (Though, few people do these days. It can be a little like racism. People attribute it to others, but never themselves.) I oppose incarcerating people for possession of quantities consistent with personal use. I favor policies that target demand rather than supply. I'm also skeptical of hype … Continue reading K2, Spice and legalization
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