No Result
View All Result
China Secrets Revealed
  • Economy
  • Editor’s Pick
  • Investing
  • News
  • Stock
  • Economy
  • Editor’s Pick
  • Investing
  • News
  • Stock
No Result
View All Result
China Secrets Revealed
No Result
View All Result
Home Stock

Prioritize Marijuana Licenses for Past Offenders? No, Just Eliminate Licenses

by
December 22, 2023
in Stock
0
Prioritize Marijuana Licenses for Past Offenders? No, Just Eliminate Licenses

Jeffrey Miron

As states ease their marijuana prohibitions, several are prioritizing licenses for individuals “disproportionately impacted” by prior drug laws. This mostly means those with a prior drug conviction.

This issue arises because states limit the number of marijuana licenses. That is misguided.

Government‐​created barriers to entry keep prices high, inconvenience consumers, and allow those who get licenses to earn outsized profits. In New York, for example, six months after the state started issuing licenses, only 12 dispensaries had opened. Similarly, licensing requirement plus high taxes in California have kept the underground market five times larger than the legal one (although this partially reflects federal prohibition).

In Libertarian Land, government imposes few if any restrictions on starting a business, of any kind. That should apply to marijuana legalization.

Previous Post

GOP lawmaker introduces bill requiring age verification technology for porn sites

Next Post

The GOP ‘Stimulus Package’ for Campus DEI

Next Post
The GOP ‘Stimulus Package’ for Campus DEI

The GOP 'Stimulus Package' for Campus DEI

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Get the daily email that makes reading the news actually enjoyable. Stay informed and entertained, for free.
Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!
  • Trending
  • Comments
  • Latest
Democratic doctors’ protest against Trump’s ‘beautiful bill’ derailed by flood of US Capitol tourists

Democratic doctors’ protest against Trump’s ‘beautiful bill’ derailed by flood of US Capitol tourists

0
TD Cowen downgrades Molson Coors, lowers price target to $58: Is it time to exit?

TD Cowen downgrades Molson Coors, lowers price target to $58: Is it time to exit?

0
Google’s antitrust ruling draws parallels to Microsoft’s 25-year-old case: Here’s how

Google’s antitrust ruling draws parallels to Microsoft’s 25-year-old case: Here’s how

0
In 2023, Colorado Lawmakers Pushed Back on Cops Practicing Pain Medicine Based on Flawed CDC Guideline

In 2023, Colorado Lawmakers Pushed Back on Cops Practicing Pain Medicine Based on Flawed CDC Guideline

0
Democratic doctors’ protest against Trump’s ‘beautiful bill’ derailed by flood of US Capitol tourists

Democratic doctors’ protest against Trump’s ‘beautiful bill’ derailed by flood of US Capitol tourists

July 2, 2025
Apple sues former Vision Pro employee for allegedly stealing ‘thousands of documents’ before joining Snap

Apple sues former Vision Pro employee for allegedly stealing ‘thousands of documents’ before joining Snap

July 2, 2025
As his feud with Trump reignites, Musk’s business with the government is back in the crosshairs

As his feud with Trump reignites, Musk’s business with the government is back in the crosshairs

July 2, 2025
Wisconsin Supreme Court decides abortion case that prompted most expensive judicial election in US history

Wisconsin Supreme Court decides abortion case that prompted most expensive judicial election in US history

July 2, 2025

Recent News

Democratic doctors’ protest against Trump’s ‘beautiful bill’ derailed by flood of US Capitol tourists

Democratic doctors’ protest against Trump’s ‘beautiful bill’ derailed by flood of US Capitol tourists

July 2, 2025
Apple sues former Vision Pro employee for allegedly stealing ‘thousands of documents’ before joining Snap

Apple sues former Vision Pro employee for allegedly stealing ‘thousands of documents’ before joining Snap

July 2, 2025
As his feud with Trump reignites, Musk’s business with the government is back in the crosshairs

As his feud with Trump reignites, Musk’s business with the government is back in the crosshairs

July 2, 2025
Wisconsin Supreme Court decides abortion case that prompted most expensive judicial election in US history

Wisconsin Supreme Court decides abortion case that prompted most expensive judicial election in US history

July 2, 2025

Disclaimer: ChinaSecretsRevealed.com, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2024 ChinaSecretsRevealed. All Rights Reserved.

No Result
View All Result
  • Economy
  • Editor’s Pick
  • Investing
  • News
  • Stock

Copyright © 2024 ChinaSecretsRevealed. All Rights Reserved.