Question
As a student of agricultural economics, I find this to be a fascinating topic. As more states consider legalization in coming years, it could be
As a student of agricultural economics, I find this to be a fascinating topic. As more states consider legalization in coming years, it could be a new crop available for American farmers to grow and cultivate.
If you were a marijuana (medically legal marijuana) grower, with millions available to promote and protect your business (earned over the past decade from U.S. consumers):
1. Would you be in favor of legalization or against it?
2. Which states would you target as potential markets for your product?
3. If marijuana is legalized, will you be able to compete with other American producers?
4. Will profits increase or decrease in states that legalize marijuana?
5. Will legalization shift the supply curve? Which way will the curve shift, if it shifts at all.
6. Will legalization automatically shift the demand curve? Which way will the curve shift, if it shifts at all.
http://www.gallup.com/poll/186260/back-legal-marijuana.aspx
https://www.washingtonpost.com/news/wonk/wp/2016/03/03/legal-marijuana-is-finally-doing-what-the-drug-war-couldnt/
https://www.oberk.com/marijuanalawsbystatein2020
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