Marijuana Economics - All Eyes Should Be On The Oregon/Washington Border

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There are four states that have legalized recreational marijuana (and D.C.!) so far in America. Those of course are Alaska, Washington, Oregon, and Colorado. Colorado was the first to allow recreational marijuana sales (January 2014), followed by Washington (July 2014), and then Oregon (limited sales began October 2015). Alaska is still working out their rules, and Washington D.C. doesn’t allow sales (just possession, cultivation,and distribution for no consideration).

Colorado is usually the first place that people look to when it comes to recreational marijuana industry statistics and facts, and rightfully so since it was the first place to allow sales and is considered by most to be the ‘top state’ for marijuana. However, there’s something particularly intriguing about Washington and Oregon to me. Unlike Colorado and Alaska, Washington and Oregon both share a border with another legal recreational state (each other, obviously).

To me, that presents some very interesting learning...

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