Marijuana prohibition gives criminals free reign

When writing about money laundering laws, I’ll sometimes highlight gross abuses by government and I’ll periodically make the usual libertarian arguments about privacy. But I mostly focus on how the laws simply don’t make sense from a cost-benefit perspective. Anti-money laundering laws and regulations impose large burdens on the private sector, which creates disproportionate hardship for … Continue reading Marijuana prohibition gives criminals free reign

Proposed ETF would track flowering marijuana market

(Reuters) - An investment company is making plans to launch what could be the first exchange-traded fund to profit on marijuana. The Emerging AgroSphere ETF would give investors an opportunity to buy a group of companies making prescription drugs using cannabis extracts, selling hemp derivatives and other related stocks, fund backer ETF Managers Group LLC … Continue reading Proposed ETF would track flowering marijuana market