#424 – Robin Goldstein & Daniel Sumner – The Economics of Weed

<p>Today’s guests are <a href= "https://twitter.com/robinsgoldstein">Robin Goldstein</a> and <a href= "https://are.ucdavis.edu/people/faculty/daniel-sumner/">Daniel Sumner</a>, two economists and the authors of the new book, <a href="https://amzn.to/3zwLMiq">Can Legal Weed Win?: The Blunt Realities of Cannabis Economics</a>. If you are a fan of Freakonomics, this episode is up your alley!</p> <p>In today’s episode, we start with the history of weed and what led to it becoming illegal in the US. Then we get into the competition between the legal and illegal markets, the impact of both good and bad regulations so far, and the future of the cannabis industry from both the business and investment perspective.</p> <p>As we wind down, our guests share predictions for when it will be legalized at the Federal level, and what their worst-case scenario is for when that happens.</p> <p>-----</p> <p>Follow Meb on <a href= "https://twitter.com/MebFaber"><strong>Twitter</strong></a><strong>, <a href= "https://www.linkedin.com/in/mebanefaber/">LinkedIn</a></strong> and <a href= "https://www.youtube.com/channel/UCKvWzzrVUA_DSCoKXL6GU2w?sub_confirmation=1"> <strong>YouTube</strong></a></p> <p>For detailed show notes, click <strong><a href= "https://mebfaber.com/2022/06/20/e424-can-legal-weed-win/">here</a></strong></p> <p>To learn more about our funds and follow us, subscribe to our <strong><a href= "https://theideafarm.us1.list-manage.com/subscribe/post?u=6750faf5c6091bc898da154ff&id=7249739cdb">mailing list</a> </strong>or visit us at <a href= "http://www.cambriainvestments.com/"><strong>cambriainvestments.com</strong></a></p> <p>-----</p> <p>This episode is sponsored by <strong><a href= "https://www.acretrader.com/meb">AcreTrader</a></strong>. AcreTrader is an investment platform that makes it simple to own shares of farmland and earn passive income, and you can start investing in just minutes online. For more information, please visit <a href= "https://www.acretrader.com/meb"><strong>acretrader.com/meb</strong></a>.</p> <p>--