Publication Date
2016
Document Type
Paper
Keywords
Marijuana regulation, Drug policy, Law reform, Federalism, Post-conflict, Colombia, Colorado, California
Abstract
In 2012 Colorado became the first jurisdiction anywhere in the world to legalize marijuana possession and use for all adults. The regulated and taxed marijuana industry that arose in Colorado following legalization was also the first of its kind and stands a model for other states considering marijuana law reform. In this brief article I discuss the results of the Colorado experiment; I demonstrate that while Colorado’s regulatory model was largely successful, it also demonstrates the limits of generating revenue through taxing and regulating marijuana. I then discuss the implications of this conclusion for post-conflict Colombia, drawing a comparison to the situation California confronts as it considers legalizing marijuana for adult use.
Copyright Statement / License for Reuse
This work is licensed under a Creative Commons Attribution 4.0 International License.
Rights Holder
Sam Kamin
Provenance
Received from author
File Format
application/pdf
Language
English (eng)
Extent
17 pgs
File Size
341 KB
Publication Statement
Copyright held by the author. User is responsible for all copyright compliance.
Publication Title
Journal Colombian Institute of Tax Law
Volume
75
First Page
339
Last Page
355
Recommended Citation
Journal Colombian Institute of Tax Law No. 75 (2016).
DOI Link
http://dx.doi.org/10.2139/ssrn.2654305