Basic cannabis economics. Wherever you find reefer madness, a poor grasp of basic cannabis economics is right behind it. For example, public health busybodies demand THC limits. As if adults choosing high-THC strains of cannabis will simply shift their demand to lower-THC strains once public health tells them what their preferences should be. Most, if not all, government workers lack an understanding of basic economics and, therefore, basic cannabis economics. So let’s clear up some misconceptions. First, let’s start with […]
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