Question
On Oct. 17, 2018, Canada became the first major world economy to legalize recreational marijuana. Along with your textbook reading (Supply, Demand & Equilibrium), review
On Oct. 17, 2018, Canada became the first major world economy to legalize recreational marijuana.
Along with your textbook reading (Supply, Demand & Equilibrium), review the related videos and article for a background on Canada's marijuana legalization, then respond to the following questions:
Discuss any positive or negative economic after-effects mentioned in the article or videos. Do you see any other economic effects not mentioned or might occur in the longer period? Which ones concern you and why? In the years since legislation, has there been any issue(s) related to the demand and supply of the cannabis market?
CBC News: The National. (2015, October 26). How marijuana legalization could change Canada [Video]. YouTube.https://www.youtube.com/watch?v=jjEVHoOrbrY
CBC News. (2018, October 17). Canadians celebrate legal weed [Video]. YouTube.https://www.youtube.com/watch?v=T9N3kufjmic
MSNBC. (2018, October 17).
What Canada's marijuana legalization means for the U.S. | Velshi & Ruhle | MSNBC [Video]. YouTube.https://www.youtube.com/watch?v=W5DCEuK94tc
Shingler, B., & Bernstien, J. (2015). How legalized marijuana could change Canadian cities. CBC.https://www.cbc.ca/news/canada/montreal/legalized-marijuana-justin-trudeau-cities-1.3282370
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