Don’t License Marijuana, Legalize It

If libertarians were in charge of legalizing marijuana, their first instinct would be to reach for an eraser. That is, libertarians would simply eliminate existing laws that outlaw marijuana, rather than “design” the marijuana market by establishing a licensing board, capping the number of legal marijuana retailers, and the like. Actual state marijuana legalizations, however, … Continue reading Don’t License Marijuana, Legalize It

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