The Blunt Realities of Cannabis Economics by Robin Goldstein, Daniel Sumner
2 min readRobin Goldstein and Daniel Summertime. Univ. of Calif., $24.95 (224p) ISBN 978–520-38326-5
In this lucid and pragmatic examination, U.C. Davis economists Goldstein (The Wine Trials) and Summer extinguish overheated predictions about the opportunity dimension and gains of the authorized cannabis marketplace. Proclaiming that a lot of traders “have shed most of the dollars they ever invested in weed,” the authors study the forces performing from lawful cannabis, together with the persistence of the illegal retail market place, the place price ranges are as considerably as 50% reduce burdensome rules and compliance requirements, such as little one-evidence packaging, safety and potency checks, and safe waste disposal protocols and prolonged waiting intervals for highly-priced state and local licenses. Throughout, Goldstein and Summer months debunk city legends and provide counterintuitive advice, proclaiming, for occasion, that the psychoactive variations among Cannabis sativa and Cannabis indica are challenging to distinguish (inspite of budtenders’ statements to the opposite), and that national legalization (which they forecast will happen in 30 a long time) will place quite a few existing stores in substantial-priced and strictly regulated states like Massachusetts and California out of company by growing interstate levels of competition and decreasing retail markups. The authors’ realistic advice for growers, stores, and investors includes advocating for area benchmarks to be utilized to out-of-condition weed and cultivating the track record of regionally developed cannabis. Jargon-free and details-loaded, this is a clear-eyed assessment of a hazy market place. (June)
Information
Reviewed on: 05/12/2022
Release date: 06/01/2022
Style: Nonfiction
Hardcover – 232 internet pages – 9780520383265
Open E-book – 232 internet pages – 9780520383272
