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Freakonomics Radio

608. Cannabis Is Booming, So Why Isn’t Anyone Getting Rich?

There are a lot of reasons, including heavy regulations, high taxes, and competition from illegal weed shops. Most operators are losing money and waiting for Washington to get out of the way. In the meantime, it’s not that easy being green. (Part two of a four-part series.)
Duration
59m
Broadcast on
23 Oct 2024
Audio Format
other

There are a lot of reasons, including heavy regulations, high taxes, and competition from illegal weed shops. Most operators are losing money and waiting for Washington to get out of the way. In the meantime, it’s not that easy being green. (Part two of a four-part series.)

 

  • SOURCES:
    • Jon Caulkins, professor of operations research and public policy at Carnegie Mellon University.
    • Adam Goers, senior vice president of The Cannabist Company and chairperson of the Coalition for Cannabis Scheduling Reform.
    • Precious Osagie-Erese, founder and C.E.O. of Precious Canna Co.
    • Nikesh Patel, C.E.O. of Mammoth Distribution.
    • Nikesh Patel, director of the San Francisco Office of Cannabis.
    • Tom Standage, deputy editor of The Economist.

 

 


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Transcription truncated.

There are a lot of reasons, including heavy regulations, high taxes, and competition from illegal weed shops. Most operators are losing money and waiting for Washington to get out of the way. In the meantime, it’s not that easy being green. (Part two of a four-part series.)