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Trading Marijuana

October 24, 2013
By Simon Lester

In a post at CATO @ Liberty, the author looks at the legalization of marijuana in Uruguay and considers the implications as it relates to trade.

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In a post at CATO @ Liberty, the author looks at the legalization of marijuana in Uruguay and considers the implications as it relates to trade.  He concludes that, 

It may be that Uruguay is offering not just legal marijuana sales, but subsidized marijuana sales. So, if there is trade at some point, we will have issues about whether below market marijuana is being traded “fairly.” And I can imagine anti-dumping and countervailing duty complaints being filed against marijuana imports to drive those prices back up. This will be annoying if it happens, but at least it will make the cases more interesting than if it’s just another boring steel product.

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Regulation Health Care