Turn an illicit product into a highly taxed and regulated one and you have a classic business experiment. Do it with a little-studied psychoactive substance that has both medical promise and addictive potential and you have a public health trial, too. That’s what the US has done with cannabis, otherwise known as marijuana, pot or weed. Changes in state laws since 1996 have given 74% of the US population access to some form of legal cannabis. Now President Joe Biden is taking steps toward decriminalizing marijuana on the federal level.
It’s been ...
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