Is State-Legal Marijuana Creating 'Big Marijuana'?

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I recently did a TEDx talk on the development of “Big Marijuana.” The overall theme of this particular TED session was the “Potential in Polarity,” and/or the “Best of Both Worlds.” Given these two themes, my talk focused on whether state-legal marijuana is helping to create “Big Marijuana.” My talk was released on YouTube last week and you can view it here. But for those of you who don’t want to spend 18 minutes watching my presentation, this post summarizes my talk.

With legalization of marijuana in Colorado, Washington, Oregon, Alaska, D.C., and with multiple other states on the horizon also looking to legalize marijuana, the marijuana industry has exploded and simultaneously matured, though it remains federally illegal. If you have been reading this column, you know that the Department of Justice has taken a “hands-off” approach to enforcing federal marijuana laws, opting instead to tolerate “robust state...

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