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To Reduce Marijuana Corruption, Cut Government Regulation


To Reduce Marijuana Corruption, Cut Government Regulation
The problem is not marijuana, but rather that politicians are overregulating and micromanaging the market.
Mona Zhang has a good piece on marijuana and political corruption at Politico. She writes:
In the past decade, 15 states have legalized a regulated marijuana market for adults over 21, and another 17 have legalized medical marijuana. But in their rush to limit the numbers of licensed vendors and give local municipalities control of where to locate dispensaries, they created something else: A market for local corruption.
Zhang describes how the mayor of Fall River, Massachusetts, allegedly tried to extort $600,000 from cannabis companies in exchange for granting them sales licenses. She discusses numerous other cases in a “rash of cannabis‐​related corruption across the nation, from Massachusetts to California to Arkansas and beyond.” ....

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