How would marijuana be regulated?
It is like a hash-induced hallucination: row upon row of lush, budding plants, tended by white-coated technicians who are bothered by the authorities only when it is time to pay their taxes. Cannabis once grew in secret, traded by murderous cartels and smoked by consumers who risked jail. Now, countries all over the world have licensed the drug for medical purposes, and a few are going still further.
Four American states have so far legalized its recreational use; little Uruguay will soon be joined by big, G7-member Canada in the legal-weed club. Parliaments from Mexico to South Africa are debating reforms of their own.
Those who have argued that legalization is better than prohibition will welcome the beginning of the end of the futile war on weed. Cannabis accounts for nearly half the $300 billion illegal narcotics market, and is the drug of choice for most of the world’s illicit-drug...
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