With cannabis policy reform gaining traction, predictably dire predictions about regulated markets have followed.
You may have heard that cannabis regulation is the first step in an inevitable slide toward an unchecked, out-of-control “Big Marijuana” industry driven only by profit. Vox even referred to this concern as the “best argument against marijuana legalization.”
But claims that cannabis policy reform will lead to Big Marijuana underplay the level of government control that is made possible under regulation.
Top photo by Sonya Yruel/Drug Policy Alliance.