Is cannabis too lucrative to be illegal?

Dave owns a retail business in the foothills of the Sierra Nevada mountains in California. He was selling everything from flat-screen TVs to furniture — until Amazon (AMZN) crushed his brick-and-mortar warehouse store with its online merchandise, forcing him to put it up for sale. 

His realtor — a conservative pillar of the local church — reluctantly told Dave the only potential buyer was someone who would turn the building into an indoor marijuana farm.

Dave hopes his realtor can seal such a deal, particularly since Californians voted in 2016 to legalize “full recreational use” of marijuana. The realtor “may be anti-drug, but he’s pro-money,” said Dave.

That’s the direction the whole country is heading. The laws against marijuana can’t fight the free market, including the $100 billion in annual potential profits and the $28 billion states could reap in tax revenue. Most important, the many forms that marijuana can morph

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