50 Shades of Green: How Inconsistencies In State Regulatory Regimes Threaten To Doom the Legal Cannabis Market in the United States
Note By: Shawn Harkins
In this Note, Shawn Harkins discusses the legal limbo of America’s cannabis market and explains that patchwork state legislation fuels a growing illicit market. Harkins points out that federal action towards legalizing recreational and medical cannabis is pretending like it does not exist and analyzes state legislation attempting to address the issue. Harkins proposes a solution of combined efforts from state and federal governments, including tax, licensing, and bank reform, to grow the legal cannabis market and ultimately eliminate the black market for cannabis.