We investigate the determinants of the support for cannabis legalization finding a causal effect of personal experience … with cannabis use. Current and past cannabis users are more in favor of legalization. We relate this to self-interest and … inside information about potential dangers of cannabis use. While the effects of self-interest are not very surprising, the …

and legalization. While introducing a legal market reduces the profits of illegal providers, it increases cannabis … proposed policy mix can control the increase in cannabis consumption post-legalization and throttle the illegal market. The …We model consumer choices for cannabis in a risky environment and determine the supply of cannabis under prohibition …