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Pot Economics: What’s the Future of the American Marijuana Market?

By Editors' Choice, War on the “War on Drugs” Posts

In November 2012, voters in Colorado and Washington state made historic decisions to legalize marijuana for recreational sale and use, flying in the face of anti-pot moralists, drug warriors, and a century’s worth of prohibitionist policy. At the start of this year, these policies began to take effect, with pot shops opening for business for the first time on this side of the Atlantic.

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