This paper studies the impact of legal medical marijuana markets on the decision to quit marijuana use. We distinguish between de jure legalization, where dispensaries are legally protected, and de facto legalization, where dispensaries operate in the absence of laws protecting them. Geographic...

Regulated marijuana markets are more common today than outright prohibitions across the U.S. states. Advocates for policies that would legalize marijuana recreational markets frequently argue that such laws will eliminate crime associated with the black markets, which many argue is the only link...