Jul 16, 2010

RAND's Research on Marijuana Legalization is Questionable

Confusion abounds following last week's release of a RAND study on the ramifications of legal marijuana in California. In particular, RAND's discussion of rock-bottom prices has growers panicking and the suggestion that use could increase dramatically has opponents chomping at the bit. But, as Pete Guither helpfully explains, the whole thing is just a bunch of wild speculation...READ MORE

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