Three Economic Models for Legalization (MJI News)

By ANNE WALLACE | January 15, 2015

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The nation of Uruguay legalized marijuana around the same time that Colorado and Washington State did, but the picture there is much different. The laws call for a state-run marketplace, and Uruguay’s government has set the price at about $1 per gram.

This is socialized cannabis, and it is widely understood as a move to eviscerate the cartels. Is there something here for investors in the United States?

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