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Freakonomics Radio

610. Who Wins and Who Loses Once the U.S. Legalizes Weed?

Freakonomics Radio

Freakonomics Radio + Stitcher

Documentary, Society & Culture

4.632K Ratings

🗓️ 7 November 2024

⏱️ 43 minutes

🧾️ Download transcript

Summary

Some people want the new cannabis economy to look like the craft-beer movement. Others are hoping to build the Amazon of pot. And one expert would prefer a government-run monopoly. We listen in as they fight it out. (Part four of a four-part series.)

Transcript

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0:00.0

In the recent election, it seemed as though the two parties disagreed on just about everything.

0:10.0

Economic policies and tax policies, immigration and abortion, the wars in Russia and the Middle East, even garbage.

0:19.0

If this left you feeling exhausted and dispirited

0:23.2

and looking for even one sliver of unity,

0:27.3

we are here to help.

0:29.2

I think what's fascinating is that Americans,

0:31.7

Democrat, Republican, Independent are all supportive

0:34.7

of seeing major cannabis change.

0:38.2

And why does everyone support major cannabis change?

0:42.3

You know, cannabis is quite popular.

0:44.3

It's polling at 64%.

0:45.9

Politicians typically don't take strong positions on things that are so popular.

0:50.9

The popularity of cannabis these days is significant in terms of public support for

0:56.0

legalization, in terms of the number of daily users. Cannabis is even popular among some public

1:01.9

health officials who see it as a way to reduce the harms of alcohol. But as we've been

1:07.4

exploring in this series, there are a lot of problems.

1:13.9

The cannabis economy is a mess.

1:18.1

We are way behind with research into the drug's potential risks,

1:21.5

especially the risks of the most concentrated forms of the drug.

1:28.1

And there are inconsistencies and contradictions in how individual states have rolled out legalization?

1:32.5

All these problems can be traced back to two central facts.

1:36.5

Number one, cannabis is still illegal on the federal level.

...

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