The 17 states that are considering legalizing marijuana are being told about all kinds of economic benefits for doing so. But in the case of Colorado, where legalized pot shops are proliferating, things haven’t worked out exactly as planned. And there have been some unintended consequences. [Read more…]
The United States Constitution sets up a system of federalism, a union of states, each of which can have separate laws. We are seeing some quirks of federalism today, as certain states legalize and commercialize what neighboring states treat as a serious crime.
Colorado is turning marijuana into a major industry and tourist attraction, while police from the states next door are filling their jails with people who have brought their purchases over the state line. [Read more…]
Colorado has legalized the sale and possession of marijuana, with Washington state soon to follow suit. But it’s still illegal under federal law. Which means that banks are not allowing companies that sell marijuana to open accounts, lest they violate federal laws and regulations. This means that the legalized marijuana industry is accumulating mountains of cash and storing it in warehouses. (A special dispensation allows for bank accounts to be opened for the sole purpose of paying taxes, so the government has that covered, at least.) [Read more…]
Colorado legalized the possession of recreational marijuana last year, but as of today, you can buy it openly in retail shops. Regulations that go into effect today will, in effect, create a legal marijuana industry in the state. How do you think that will go? [Read more…]
Citizens of Colorado voted for the right to smoke marijuana, but they have also voted or the right to own firearms. In a recall election, this blue state ousted two state legislators who pushed anti-gun laws. Might this be another example of a leftwing/rightwing alliance for civil liberties? [Read more…]